Prime Minister Modi Inaugurates 3rd global renewable energy event “RE-INVEST” 2020.
Prime Minister Shri Narendra Modi has inaugurated the 3rd Global Renewable Energy Investment Meeting and Expo (RE-Invest 2020) through video conferencing. The summit is organised by the Ministry of New and Renewable Energy. The theme for RE-Invest 2020 is ‘Innovations for Sustainable Energy Transition’. The first two editions of RE-Invest were held in 2015 and 2018.
The two day virtual programme will provide an international forum for investment promotion in renewable energy sector and an opportunity to various countries, states, business houses & organizations to showcase their strategies, achievements and expectations. It must be noted that India has set an ambitious target of having 175GW of renewable energy by 2022 and 450GW by 2030.
As noted by the PM of India, India's renwable power capacity is the 4th largest in the world and it is growing at the fastest speed accross all major countries. The current renewable energy capacity in India is 136GW. It is about 36 percentof the country's total capacity.
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