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“India’s energy infrastructure requires a $3 trillion investment in the coming decades, and our study finds that prioritizing new energy assets that are cost-effective and clean is crucial for long-term financial sustainability.” – Amol Phadke, Berkeley Lab staff scientist “The case for clean energy has never been stronger. India has achieved the world’s lowest renewable energy prices and has found some of the world’s largest lithium reserves,” said Nikit Abhyankar, Berkeley Lab scientist and the lead author of the study. “This can propel India towards cost-effective energy independence in a way that is economically and environmentally advantageous.”
“India’s energy infrastructure requires a $3 trillion investment in the coming decades, and our study finds that prioritizing new energy assets that are cost-effective and clean is crucial for long-term financial sustainability,” said Amol Phadke, Berkeley Lab scientist and a co-author. “India can leverage the existing policy framework it has laid out to expand the clean energy deployment.”since the bulk of its energy infrastructure has yet to be built.
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