New Delhi: India used the World Economic Forum (WEF) Annual Meeting 2026 at Davos to position itself as one of the world’s most attractive destinations for long-term clean energy investments, as Union Minister for New and Renewable Energy Pralhad Joshi concluded a series of high-level engagements with global leaders, investors and industry executives.
Addressing multiple sessions and bilateral meetings, the minister said India would require investments of about $300–350 billion to achieve its target of 500 GW of non-fossil fuel capacity by 2030, inviting global capital to participate in the country’s energy transition. India has already achieved 267 GW of non-fossil installed electricity capacity and reached 50% non-fossil capacity five years ahead of its 2030 Paris Agreement target.
Joshi highlighted India’s policy stability, predictable regulatory framework and long-term transition roadmap as key factors driving investor confidence.
Global stakeholders expressed interest in India’s investible renewable energy pipeline and acknowledged the impact of flagship schemes such as PM-Surya Ghar and PM-KUSUM, the government said.
On the sidelines of the forum, the minister held bilateral meetings with counterparts from Oman, Belgium, Kuwait, Paraguay, Zimbabwe and Jordan to explore cooperation in solar, wind, green hydrogen, storage and clean energy manufacturing.
Discussions also focused on expanding collaboration under the National Green Hydrogen Mission and leveraging India’s domestic manufacturing capabilities across the solar PV value chain.
The minister also met CEOs and senior executives from global energy majors and investors, including TotalEnergies, ENGIE, EDF, Acciona, Mercuria, Ingka Group and La Caisse, to encourage investments in solar, wind, hybrid projects, hydrogen hubs and climate finance.
India also highlighted the growing role of artificial intelligence in energy systems, outlining plans to move from pilot projects to platform-based deployment using digital public infrastructure to improve forecasting, reduce losses and strengthen grid reliability.
The engagements at Davos reinforced India’s position as a key driver of the global energy transition, with government officials noting rising interest from global companies to partner with Indian firms through greenfield and brownfield investments.