By: ICN Bureau
Last updated : January 13, 2026 9:59 am
India calls for stronger multilateral cooperation for renewable energy transition at 16th IRENA Assembly
The global energy transition needs massive investment and cooperation, with India alone requiring around $300 billion by 2030 for renewables, storage, green hydrogen, grids, and manufacturing, creating major opportunities, said Union Minister Pralhad Joshi at IRENA's Abu Dhabi assembly, highlighting India as an attractive investment destination due to stable policies.
With stable policies and transparent markets, he said, India continues to remain one of the most attractive destinations for clean energy investment.
Calling for enhanced international cooperation, Joshi stressed the importance of technology transfer, access to low-cost finance, capacity building and harmonisation of standards, particularly to support developing countries in scaling up renewable energy without compromising development aspirations.
Reaffirming India’s strong support for IRENA, he stated that India stands ready to share its experience, institutions and technical expertise and to work closely with all member countries, especially Least Developed Countries and Small Island Developing States, to accelerate the global renewable energy transition. Union Minister emphasised that India’s energy transition is not only about capacity addition, but about people, opportunity and a shared sustainable future.
Earlier, Joshi also participated in the High-Level Dialogue on “Reimagining Energy Futures: Bold Visions for Shared Prosperity” held on the sidelines of the assembly.
He reaffirmed India’s commitment to a people-centric energy transition, driven by strengthened international cooperation on finance, technology and governance, with the objective of delivering shared prosperity for all. Emphasising that the energy transition must become a mass movement driven by equity and inclusion, the Minister said that India added nearly 50 GW of RE capacity in 2025.
The Union Minister also held a meeting with Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment of the United Arab Emirates, to further strengthen India–UAE cooperation on climate action, clean energy and food security. During the interaction, the two sides reviewed the expanding partnership in renewable energy, investment and innovation, anchored in multiple Memoranda of Understanding signed between 2014 and 2024 and aligned with the UAE’s Net Zero 2050 goal.
Joshi delivered India’s national statement at the 16th Assembly of the International Renewable Energy Agency (IRENA), reaffirming India’s strong commitment to a just, equitable, affordable, and sustainable global energy transition.
Addressing the Assembly, the Union Minister stated that India’s approach to energy transition is guided by the principle of Vasudhaiva Kutumbakam - One Earth, One Family, One Future, and a long-term vision anchored in equity, inclusivity and policy stability.
He reiterated India’s commitment to achieving 500 GW of non-fossil fuel installed power capacity by 2030 and Net Zero emissions by 2070.
Highlighting a major milestone, Joshi informed that India has already achieved 50 per cent of its installed electricity capacity from non-fossil fuel sources in 2025, five years ahead of its Nationally Determined Contribution (NDC) target under the Paris Agreement. India’s renewable energy capacity has crossed 266 GW, placing the country among global leaders in renewable energy deployment.