India has announced that they are increasing their supply of renewable energy sourcing to 227 gigawatts by year end 2022. At time of reporting, India had yet only installed infrastructure capable of producing 70 gigawatts of electricity. However, several ambitious projects announced recently have inform observers that they may be on track to meet their originally lofty goals for quick production of renewable energy infrastructure. Financial barriers have been noted as the primary reasons for why there has yet to be significant progress. However, the markets have shifted, allowing renewable energy production to become viable investments for local governments and private investors. Officials have noted thatey hope to have “new schemes like offshore wind and floating solar” to aid them in producing large, and quick gains in their capacity in just a few short years.   Helpful for these nation goals, is that the national government itself have been big players in producing policies, funding large-scale projects, and reduced interstate commerce restrictions that have hampered the selling of energy across political boundaries. If they are successful in reached the 227 GW goal, they would be just third behind the United States and China for the amount of infrastructure capable of producing renewable energy. However, India is continue to put new fossil-fuel producing power plants online, the overall percentage of energy produced by these installations has decreased over the decades with the aforementioned investments in renewable energy sourcing projects.

Clean Technica