Prime Minister Narendra Modi inaugurated the 4th Global Renewable Energy Investor’s Meet and Expo (RE-INVEST) in Gandhinagar, Gujarat, marking a significant step forward in India’s renewable energy journey. The event, aimed at attracting global investments in the renewable energy sector, brought together key stakeholders from around the world, including investors, policymakers, and industry leaders.

In his inaugural speech, PM Modi emphasized India’s commitment to achieving its ambitious renewable energy targets, highlighting the nation’s progress in transitioning to clean energy sources. He reiterated India’s goal of reaching 500 GW of non-fossil fuel energy capacity by 2030 and achieving net-zero emissions by 2070. He also pointed out that India has already become one of the world’s largest producers of solar energy.

The RE-INVEST Expo featured exhibits on cutting-edge technologies, sustainable energy solutions, and future innovations in wind, solar, and other renewable sources. It provided a platform for investors to explore new opportunities and for Indian companies to showcase their advancements in renewable energy infrastructure.

The Prime Minister also emphasized the importance of global cooperation in tackling climate change and urged international investors to take advantage of India’s renewable energy potential, particularly in the areas of solar, wind, and hydrogen energy. He stressed that India’s favorable policies and large consumer market present an excellent opportunity for global renewable energy companies to invest and thrive.

Re Invest 2024: India’s Renewable Energy Push

Over the past decade, India has emerged as a leader in renewable energy production, thanks to initiatives like the International Solar Alliance (ISA), founded by PM Modi, and government schemes promoting solar rooftops, wind farms, and hybrid energy solutions. With growing investments and a supportive policy environment, the country is on track to become a global renewable energy hub.

The 4th RE-INVEST Expo is part of India’s broader mission to accelerate the growth of green energy while reducing dependency on fossil fuels. The event is expected to pave the way for substantial foreign investments and collaborative projects, positioning India as a key player in the global green energy transition.

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