Renewables Set to Dominate: 65% by 2030, 90% by 2050

01 Nov 2023 CW Team

Singh, who also serves as the president of ISA, extended an invitation to member countries, ISA Partner Organisations, and other entities to collaborate with ISA in driving transformative change. The overarching goal of ISA, as he explained, is to create a sustainable world by promoting solar energy solutions. He stressed the objective of tripling global renewable energy capacity by 2030 and aligning these efforts with the established targets and policies of various countries, including the incorporation of zero and low emission technologies. Furthermore, he encouraged the adoption of blended finance and risk-sharing mechanisms in the renewable energy sector.

In the same event, Chrysoula Zacharopoulou, the Co-President of the Assembly and France's Minister of State for Development, Francophonie, and International Partnerships, praised ISA as a crucial initiative in the fight against climate change. She highlighted the organisation's progress in becoming an efficient and results-oriented entity actively implementing its programs on a global scale, significantly impacting the global solar energy landscape.

Ajay Mathur, the Director General of ISA, noted the encouraging 12 per cent annual growth rate in clean energy investments since 2020, primarily driven by solar and wind power projects. However, he pointed out that this surge in investment is concentrated in a limited number of countries, leaving many developing economies, especially in Africa, underserved.

The inauguration ceremony of the sixth ISA Assembly brought together ministers from 20 countries, delegates from 116 Member and Signatory countries, and representatives from 18 prospective countries, demonstrating a global commitment to advancing renewable energy and combating climate change.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

During the inauguration of the Sixth Assembly of the International Solar Alliance (ISA), Union Power and New & Renewable Energy Minister R K Singh shared an optimistic vision for the future of renewable energy. He stated that renewable energy sources have the potential to supply 65 per cent of the world's total electricity by 2030 and could decarbonise up to 90 per cent of the power sector by 2050. Singh emphasised the importance of transitioning to clean energy, particularly in the context of the G20 Summit, which highlighted the urgent need for such a shift. Singh, who also serves as the president of ISA, extended an invitation to member countries, ISA Partner Organisations, and other entities to collaborate with ISA in driving transformative change. The overarching goal of ISA, as he explained, is to create a sustainable world by promoting solar energy solutions. He stressed the objective of tripling global renewable energy capacity by 2030 and aligning these efforts with the established targets and policies of various countries, including the incorporation of zero and low emission technologies. Furthermore, he encouraged the adoption of blended finance and risk-sharing mechanisms in the renewable energy sector. In the same event, Chrysoula Zacharopoulou, the Co-President of the Assembly and France's Minister of State for Development, Francophonie, and International Partnerships, praised ISA as a crucial initiative in the fight against climate change. She highlighted the organisation's progress in becoming an efficient and results-oriented entity actively implementing its programs on a global scale, significantly impacting the global solar energy landscape. Ajay Mathur, the Director General of ISA, noted the encouraging 12 per cent annual growth rate in clean energy investments since 2020, primarily driven by solar and wind power projects. However, he pointed out that this surge in investment is concentrated in a limited number of countries, leaving many developing economies, especially in Africa, underserved. The inauguration ceremony of the sixth ISA Assembly brought together ministers from 20 countries, delegates from 116 Member and Signatory countries, and representatives from 18 prospective countries, demonstrating a global commitment to advancing renewable energy and combating climate change.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..