India, one of the world’s leading nations in renewable energy, has announced plans to set up ultra mega solar parks with a combined capacity of 40GW. The initiative is aimed at promoting the use of clean energy sources and reducing the country’s carbon footprint.
The project will be developed across multiple states in India and is expected to be completed in several phases over the next few years. The first phase of the project, with a capacity of 10GW, is slated to be operational by 2025.
The ultra mega solar parks will be developed on barren lands, providing opportunities for employment and economic development in the region. The project is expected to attract substantial investment, thus contributing to the country’s economic growth.
Speaking on the occasion, the Minister of New and Renewable Energy, said, “India has set an ambitious target of achieving 450GW of renewable energy capacity by 2030. The establishment of 40GW ultra mega solar parks is a significant step towards achieving this goal and promoting the use of clean energy sources.”
The establishment of ultra mega solar parks with a capacity of 40GW is a landmark initiative in India’s journey towards a sustainable future. The move is expected to have a positive impact on the environment, create job opportunities, and drive economic growth, thus cementing India’s position as a global leader in renewable energy.