THEBUSINESSBYTES BUREAU

NEW DELHI, JANUARY 25, 2026

Union Minister for New and Renewable Energy Pralhad Joshi on Saturday said that India’s engagements at the World Economic Forum (WEF) Annual Meeting 2026 in Davos have significantly strengthened global partnerships and reinforced international confidence in the country’s renewable energy transition. Returning from Davos after a series of high-level interactions, the Minister described the visit as a decisive step in positioning India as one of the world’s most attractive destinations for long-term clean energy investments.

The Union Minister noted that the discussions at WEF 2026 yielded valuable insights, deepened strategic partnerships and renewed global trust in India’s clean energy journey. He underlined that India’s commitment to stable policies, predictable regulations and sustained global collaboration is accelerating the nation’s transition to a low-carbon future while ensuring inclusive socio-economic growth. According to him, the interactions at Davos further strengthened India’s resolve to emerge as a key driver of the global energy transition.

At the World Economic Forum, Minister Joshi showcased India’s long-term investment story anchored in policy stability, transparent governance and coordinated action at both the Central and State levels. Global leaders and investors reaffirmed their confidence in India’s ability to rapidly scale renewable energy capacity, supported by strong institutional frameworks and people-centric programmes that balance growth with inclusivity.

Highlighting India’s clean energy progress during multiple sessions and media interactions, the Minister pointed to the success of flagship initiatives such as PM-Surya Ghar and PM-KUSUM, which have demonstrated India’s capacity to implement large-scale renewable programmes efficiently and at speed. International stakeholders expressed strong interest in India’s robust and investible project pipeline, acknowledging the country’s execution capabilities and the clarity of its policy direction.

India’s efforts to strengthen domestic manufacturing across the solar photovoltaic value chain received widespread appreciation from global corporate leaders, reinforcing the country’s emergence as a resilient and competitive clean energy manufacturing hub. The Minister also highlighted the export potential of green hydrogen derivatives, positioning India as a reliable partner capable of supporting the energy transition of other countries through technology, supply chains and clean fuel solutions.

Outlining India’s broader vision for the global energy transition, Minister Joshi emphasised the transformative role of artificial intelligence in the energy sector. He noted that AI-driven solutions can improve forecasting, reduce losses, lower costs and enhance grid reliability. He explained India’s strategic shift from pilot-based initiatives to platform-based deployment through Digital Public Infrastructure for Energy, enabling scalable and impactful adoption of advanced technologies.

India’s milestone achievements were also showcased at Davos, including the installation of 267 GW of non-fossil fuel-based electricity capacity and the attainment of 50 per cent non-fossil capacity five years ahead of its 2030 target under the Paris Agreement. The Minister underlined that achieving 500 GW of non-fossil capacity by 2030 would require investments of about USD 300–350 billion, or nearly ₹30 lakh crore, and invited global investors to partner in this transformative journey.

On the sidelines of WEF 2026, the Union Minister held a series of high-level bilateral and institutional meetings aimed at deepening cooperation and mobilising long-term capital. Discussions with leaders from Oman, Belgium, Kuwait and Paraguay explored collaboration in solar, wind, green hydrogen, storage technologies, research and development, and capacity-building, while leveraging multilateral platforms such as the International Solar Alliance and initiatives like One Sun One World One Grid.

Engagements with leaders from Zimbabwe and Jordan focused on replicable renewable energy models for the Global South, with India committing to share its experience in developing solar parks, hydrogen hubs and storage solutions to support inclusive and sustainable energy transitions. Meetings with the International Energy Agency and the International Atomic Energy Agency further reinforced cooperation with multilateral institutions to accelerate the deployment of clean energy technologies.

Industry engagements formed a key pillar of India’s Davos outreach, with discussions held with leading global companies including Mercuria, TotalEnergies, La Caisse, Ingka Group, ENGIE, EDF and Acciona. These interactions focused on expanding investments in solar, wind, storage, green hydrogen, climate finance and energy innovation, with global majors expressing strong interest in India’s stable and investor-friendly ecosystem.

The Minister also held targeted discussions on advancing the National Green Hydrogen Mission, including next-generation electrolyser technologies, fuel cell solutions for industrial clusters and data centres, and the development of robust frameworks for ESG standards, credit assessment and price discovery in renewables.

The engagements at Davos 2026 reaffirmed India’s position as a central focus for global clean energy investments, driven by scale, policy certainty and strong execution. With global companies increasingly looking to partner with Indian firms through greenfield and brownfield projects, India’s renewable energy transition is set to gain fresh momentum through strengthened international collaboration and long-term capital inflows.