India Approves $19B for Renewable Energy
India approved a 1.86 trillion rupees renewable energy programme to improve power grids and add storage. The funding aims to strengthen transmission systems and support battery storage initiatives.
India approved a 1.86 trillion rupee ($19.42B) renewable energy programme on Wednesday afternoon to upgrade transmission grids and build storage capacity. The cabinet-backed funding targets clean energy evacuation bottlenecks. The program supports the nation's goal of reaching 500 GW of non-fossil capacity by 2030, up from 304 GW currently.
