12 Jan 2024
In the wake of COP28, a watershed moment for global environmental initiatives, India stands at the forefront of a transformational journey towards green energy self-reliance. Notably, India has exceeded expectations, achieving its NDC target set for 2030 by reducing emissions intensity by 33% between 2005 and 2019, eleven years ahead of schedule. Other than this, with 40% of electricity installed now derived from non-fossil fuels, India shows a proactive stance in climate action.
A strong gigaFactory network is vital to ensuring that the commitments made at COP-28 are met. These gigafactories, serving as hubs of innovation and sustainable energy production, bring together diverse institutions, source components, employ highly specialized equipment to draw a comprehensive roadmap for India's self-reliance in green energy after COP28, and optimize business processes.
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