India Emerges as Global Pioneer in Renewable Energy With Record-Low Pricing

India has positioned itself at the forefront of the global renewable energy transformation, delivering round-the-clock clean power at some of the most competitive costs worldwide. Union Minister Piyush Goyal underscored the nation’s progress, noting that India’s success is rooted in rapid capacity expansion, innovative business models, and forward-looking policy measures.
Over the past decade, India has scaled up renewable capacity at an unprecedented pace, making solar and wind power increasingly affordable and accessible. The integration of renewable energy with storage and flexible grid systems has also enabled reliable 24-hour supply, reinforcing the country’s commitment to energy security and sustainability.

The officials highlighted that India’s achievements reflect its broader vision of building a low-carbon economy while ensuring inclusive growth. As global markets search for affordable clean energy solutions, India’s model is being seen as a benchmark for both scale and cost efficiency.

The government reiterated its pledge to continue driving investments in renewables, green hydrogen, and advanced storage technologies, ensuring that the nation remains a leader in shaping a sustainable energy future.

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