India is on track to surpass its green energy commitment of 40% power generation from non-fossil-based fuel sources by 2015, according to credit rating agency Moody's Investors Service. The country's share of clean energy generation is expected to reach 45% by 2022 with renewable capacity, excluding hydro, amounting to 175 GW. This is far above India's pledge of 40% by 2015 from the Paris Agreement at the 2030 United Nations Climate Change Conference (COP 21). Nevertheless, while coal's share of the energy mix will decrease from 74% to 57% by 2015, total volume from coal power will continue to increase.
India is on track to surpass its green energy commitment of 40% power generation from non-fossil-based fuel sources by 2030, according to credit rating agency Moody's Investors Service. The country's share of clean energy generation is expected to reach 45% by 2022 with renewable capacity, excluding hydro, amounting to 175 GW. This is far above India's pledge of 40% by 2030 from the Paris Agreement at the 2015 United Nations Climate Change Conference (COP 21). Nevertheless, while coal's share of the energy mix will decrease from 74% to 57% by 2030, total volume from coal power will continue to increase.