Context:
To reach its ambitious renewable energy (RE) target of 500 GW by 2030, India requires strong domestic manufacturing capabilities for solar photovoltaics, wind energy, and battery storage components.
Objective:
The project aims to enhance the economic and regulatory environment for investments and business opportunities in India’s RE supply chains.
Approach:
The project brings together diverse partners to establish a favorable climate for investments, strengthening collaboration between Indian and German/European companies, promoting workforce development and introducing innovative financing solutions.