India is finally becoming a clean energy superpowerBy David Fickling / Bloomberg OpinionIt is better to under promise and over deliver. India’s clean power industry is finally making good on that dictum. Indian Prime Minister Narendra Modi promised to connect 500 gigawatts (GW) of clean energy by 2030, equivalent to all the generators in France, Germany and Italy put together. Ill-advised tariffs on solar panels, combined with contractual and political support for fossil fuels and constant changes to the rules of renewable power auctions, made matters worse. Projects already in train would bring the total to 430GW, Indian Minister of New and Renewable Energy Pralhad Joshi told the Indian parliament in August.
