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BRICS+ Media Centre 
MODERN RUSSIAN 
India advances green economy ahead of climate targets
Thanks to large-scale reforms and social programmes, India is turning its green transition into an engine of economic growth
India’s Minister of New and Renewable Energy, Pralhad Joshi, stated that India has achieved a 50 per cent share of non-fossil fuel energy in installed capacity, five years ahead of its nationally determined contribution target submitted under the Paris Agreement. According to Asian News International (ANI), a TV BRICS partner, India plans to establish a global green hydrogen hub by 2030, producing five million tonnes of green hydrogen annually.
The Green Energy Transition initiative, launched by Prime Minister Narendra Modi in 2015, has achieved significant results: to date, India’s renewable energy installed capacity has reached 266.78 GW, including 137 GW of solar power capacity.
These breakthrough achievements are supported by robust energy infrastructure, a favourable legislative environment, efficient financial regulation, and healthy competition among states to attract investment. India is particularly focused on the social dimension of energy transition: household solar electricity prices have fallen by nearly 80 per cent, while India has also recorded the world’s lowest price for green ammonia for the first time.
India aims to achieve an annual production of five million tonnes of green hydrogen by 2030 and establish itself as a global hub for the green hydrogen industry. Meanwhile, supporting infrastructure is being developed in parallel, including energy storage systems, green energy corridors, digital platforms, and AI-based grid management solutions. Currently, India’s domestic manufacturing capacity in the renewable energy sector has reached 144 GW, further consolidating its global position not only as a key market but also as a reliable manufacturing centre.
To achieve these goals, India is expected to require over US$350 billion in investment. Minister Joshi emphasised that India is shaping its energy transition pathway as a scalable, replicable model, particularly suitable for countries of the Global South – where energy transition is no longer a barrier to development but a powerful driver of economic growth and social progress.
BRICS countries are actively promoting energy transition, continuing to invest in renewable energy generation, advancing green technologies, and deepening cooperation through sustainable development initiatives.
According to TV BRICS partner China Daily, citing data from the National Energy Administration, over the past five years China has established the world’s largest and fastest-growing renewable energy system. Within this period, the share of renewable energy in total installed capacity rose from around 40 per cent to 60 per cent. By 2035, China plans to raise the share of non-fossil fuel energy in primary energy consumption to over 30 per cent.
Sada El-Balad, a partner of TV BRICS, reports that since 2014 Egypt has implemented a national energy strategy aimed at integrating renewable energy into the overall energy mix. By 2030, the target share of renewables in the energy structure is 42 per cent. Currently, Egypt has launched a series of projects with a total installed capacity exceeding 22 GW, including the renowned Benban Solar Park and the El-Dabaa Nuclear Power Plant.
Ethiopia is also steadily advancing a green economy, placing renewable energy projects at the core of its long-term development strategy. According to TV BRICS partner Fana Media Corporation, the country has begun construction of the Koysha Hydroelectric Project, with a planned capacity of 1,800 MW. The new plant will support rural electrification and industrial cluster development and improve livelihoods. In the future, Ethiopia plans to export electricity to neighbouring countries using its abundant hydropower resources, aiming to become a key hub for energy security and cooperation in East Africa.
Photo: Autthapol Champathong | iStock
06.07.2611:00 
25 minutes 34 sec.