India accelerating renewable growth with policy support and innovation

By fostering a supportive regulatory environment and creating investment opportunities, India aims to bridge the funding gap and accelerate its transition to a clean energy future in which companies like Rayzon Solar play a pivotal role.

The renewable energy sector in India is experiencing rapid growth driven by policy support innovation and investment. Overcoming investment gaps, land challenges and skill shortages is key to achieving the ambitious clean energy targets. Chirag Nakarani focuses on expanding solar capacity, improving grid integration and fostering partnerships. He explains more in talks with EPR.

What key strategies can India implement to sustain its rapid renewable energy growth and achieve its ambitious 2030 clean energy targets?

India can sustain its rapid renewable energy growth beyond the recent 13.5 percent annual increase by prioritising a multi-faceted approach that includes policy support, technological innovation and large-scale investments in renewable infrastructure. At Rayzon Solar, we believe a key focus should be expanding solar capacity, improving grid integration and fostering public-private partnerships to drive clean energy deployment. Enhancing manufacturing capabilities for advanced solar technologies like N-TOPCon and storage solutions is crucial. Additionally, initiatives like promoting rooftop solar, decentralising energy production and providing financial incentives can accelerate progress towards achieving ambitious 2030 clean energy targets.

How can investment shortfall in the renewable energy sector be addressed to accelerate transition to clean energy?

India is addressing the shortfall of investment in its renewable energy sector through policy reforms, foreign direct investment (FDI) facilitation and public-private partnerships. The government is actively promoting Production-Linked Incentives (PLI) schemes for solar manufacturing and has set ambitious renewable energy targets to attract global investors. Additionally, the country is improving grid infrastructure, enhancing ease of doing business and offering tax incentives to renewable energy developers. By fostering a supportive regulatory environment and creating investment opportunities, India aims to bridge the funding gap and accelerate its transition to a clean energy future in which companies like Rayzon Solar play a pivotal role.

How is India addressing the challenges of land acquisition and infrastructure development to expedite renewable energy projects?

The government has introduced several policy initiatives, including creating dedicated solar parks and a streamlined land acquisition process, facilitating faster project implementation. Additionally, improved grid infrastructure and enhanced transmission networks are being prioritised to support the efficient delivery of renewable energy across the country. At Rayzon Solar, we actively collaborate with government bodies and private stakeholders to navigate these challenges, ensuring that our projects are executed smoothly while contributing to India’s renewable energy targets and sustainable future.

What policy initiatives have been implemented to accelerate renewable energy projects, and how do they support faster project execution and efficiency?

At Rayzon Solar, we recognise the critical role that skill development plays in advancing the renewable energy sector of India. To address this, we actively invest in training programmes focused on upskilling our workforce in the latest solar technologies including advanced manufacturing techniques and installation processes. We collaborate with industry partners to provide hands-on training, technical workshops and certification programmes, ensuring that new entrants and experienced professionals are equipped with the necessary expertise. These initiatives not only enhance the skills of our employees but also contribute to building a skilled workforce capable of driving the growth and innovation in the renewable energy sector.

How is India balancing its coal reliance with renewable energy goals?

India strategically balances its reliance on coal with ambitious renewable energy goals by adopting a phased approach toward clean energy transition. While coal remains a critical part of the country’s energy mix to meet growing demand, India is investing heavily in renewable energy sources like solar, wind and hydropower. The government has set aggressive targets to achieve 500 GW of non-fossil fuel energy by 2030, supported by initiatives such as solar parks, green hydrogen projects and electric mobility. Rayzon Solar is proud to contribute to this transformation by delivering high-efficiency solar solutions that help reduce carbon emissions and promote a sustainable energy future for India.