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'Energy security linked to economic security': PM

By · Published by Everything Blog

In short

India has positioned itself among the top three global leaders in solar and renewable capacity by pairing broad policy shifts with aggressive capacity expansions. Grassroots schemes have already brought solar connectivity to over 65 lakh homes and millions of farmers, drastically curbing utility expenses across multiple demographics. Manufacturing capabilities have similarly surged over the last decade, with solar module capacity expanding from 2 GW to beyond 200 GW. Looking forward, the nation is targeting 5 million tonnes of green hydrogen output alongside an anticipated Rs 20 lakh crore in sector investments by 2030.

Key points

  • The renewable energy sector is expected to yield more than Rs 20 lakh crore in investment…: The renewable energy sector is expected to yield more than Rs 20 lakh crore in investment opportunities by 2030.
  • Agricultural and public sector solar initiatives are generating substantial recurring fin…: Agricultural and public sector solar initiatives are generating substantial recurring financial savings for farmers and state facilities.
  • Clean energy growth is directly integrated with international initiatives, including a pr…: Clean energy growth is directly integrated with international initiatives, including a proposed 200 million dollar Africa Solar Facility.

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"If India had not invested in clean energy and built new systems over the past decade, our crisis could have been far more serious than that of the rest of the world," Modi said at the Bharat Renewable Energy Summit & Expo (BRESE) 2026.

Also read: Solar module cos seek more time to comply with local sourcing

The future of energy security lies in clean energy, he said, adding that fossil fuel reserves are limited while the potential of renewable energy is limitless, with every region and country able to benefit from it.

PM Modi said India is moving forward in mission mode to achieve a major leap in green hydrogen production. Under the National Green Hydrogen Mission, the country has set a target of producing 5 million tonnes of green hydrogen by the end of this decade.

The government is also integrating green hydrogen into the transport sector, he added.

Highlighting India's progress in renewable energy, PM Modi said more than 50% of the country's total installed power capacity is now based…

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