India to host first Solar Festival
29-Jun-2024The Solar Festival is expected to boost India's leadership in the global south in the renewable energy sector.
India is all set to host the first ever International Solar Festival in September this year. The announcement was made on Monday by the International Solar Alliance in New Delhi.
Emphasising the solarisation of public infrastructure and India's transition to renewable green energy from fossil fuels, the Solar Festival is expected to boost India's leadership in the global south in the renewable energy sector.
"India is a global leader, and we are committed to sustainability. Hence, India has set a target of 500 GW of non-fossil energy by 2030, of which nuclear energy will be a small component. And out of 485 GW, 300GW will be achieved by renewing solar energy", Secretary of Ministry of Renewable energy Bhupender Bhalla said during the announcement.
The International Solar Festival will begin in September in New Delhi where the global forum will participate, including countries from the African continent and the West along with institutions like the Asian Development Bank, United Nations, World Bank and several others, who will offer financial support to enhance the renewable energy sector to meet the global demand and reduce dependency on the fossil-fuels globally.
The festival was being organised to bring all the stakeholders together on one platform to explore all possibilities of empowering the green energy sector globally, as solar is one of the fastest emerging power sectors and festivals like the International Solar Festival will deliberate on this.
