The wind segment contributed 0.77 GW, down 33 per cent from Q1 2024. The rooftop solar sector added 1.05 GW in Q2 2024
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Minister Pralhad Joshi expressed optimism that this agreement is just the beginning, with future projects expected to be even more ambitious and impactful.
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These export controls reflect China's strategy to manage its resources carefully, particularly in areas where it holds a significant share of the global supply chain
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The scheme also has potential financial benefits for households. In addition to saving on electricity bills, homeowners can earn extra income by selling surplus power generated by their rooftop solar systems to distribution companies
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India as a whole also aims to reduce the emissions intensity of GDP by 45 per cent
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Experts warn that the current pace is not sufficient to limit global warming to 1.5 degrees Celsius, highlighting the need for continued efforts towards sustainability
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