New Delhi: India spotlighted its ambitious clean energy roadmap at the World Economic Forum Annual Meeting 2026, inviting global capital to participate in what the government positions as one of the world’s largest and most investible energy transitions. Union Minister for New and Renewable Energy Pralhad Joshi made the pitch to policymakers, chief executives and institutional investors, emphasizing India’s strong growth fundamentals and policy stability as key draws for long-term climate finance.
Addressing international delegations at Davos, Joshi said India has already built significant renewable capacity and is on track to meet its 2030 clean energy targets, pushing for steep scale-ups in solar, wind, battery storage and green hydrogen. The investment figure of $300–$350 billion was presented not just as capital requirement but as a strategic opportunity for investors seeking stable returns in a climate-aligned asset class.
Officials highlighted that non-fossil fuel sources now account for nearly half of India’s installed electricity capacity, underscoring rapid deployment momentum even as global clean energy financing slows in some advanced markets. India’s growing domestic market, competitive tariffs and stable regulatory framework were flagged as compelling differentiators amid a backdrop of global geopolitical and macroeconomic uncertainty.
The Davos push also coincided with ancillary dialogues on energy partnerships and export opportunities, including discussions with Gulf partners on leveraging joint investment funds and building renewable manufacturing and green hydrogen export hubs — further signalling India’s intent to be both a consumer and exporter of clean energy technologies.
Investment themes at the forum aligned with broader national goals, such as achieving 500 GW of non-fossil generation capacity by 2030, expanding grid modernisation and fostering sustainable energy ecosystems that support manufacturing and industrial growth. These pitches aimed to attract not only traditional climate finance but also patient, long-term capital from sovereign wealth funds, global asset managers and strategic investors looking for stable, high-impact opportunities in emerging markets.