Green energy push helped India save $100bn over last 15 yrs: IEA

AI Summary

India's expansion of renewable energy capacity has reduced the cost of coal and natural gas imports by more than $100 billion over the past 15 years, according to the IEA. With renewable capacity at 300 GW, India is among the world's fastest-growing renewable markets; the agency estimates cumulative savings could reach $240 billion by 2030.

India's remarkable leap in renewable energy capacity has led to over $100 billion in reduced costs for coal and natural gas imports. With 300GW of renewable power, the nation stands as the second-fastest-growing market worldwide. The International Energy Agency estimates that by 2030, cumulative savings could soar to $240 billion.