India has, thus far, failed to leverage the scale of its energy demand and its need for advanced technologies to promote research and development (R&D) geared to the market. If energy security, renewable energy, and Make in India are serious goals, a bold vision is needed: India must become the world’s laboratory for energy technologies.
The transition in India’s – and the global – energy system depends on a tripod of policies, finance, and technology. There has been a push on the policy front (175 gigawatts target for renewables; 270 million LED bulbs distributed; industrial energy efficiency); and some incremental progress
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