New Delhi, Oct. 29 -- India will require USD 220 billion in investment over the next four to four-and-a-half years to achieve its 500 GW renewable energy capacity target by 2030, Ministry of New and Renewable Energy (MNRE) Secretary Santosh Kumar Sarangi said on Wednesday.

The investment will cover renewable energy deployment, manufacturing, transmission infrastructure, green hydrogen and energy storage. The Bharat Renewable Energy Summit & Expo 2026, scheduled for November 2-5 at Bharat Mandapam in New Delhi, will focus on identifying ways to mobilise the required funding, PTI reported.

Of the projected investment, around USD 70 billion is expected to go into solar energy and USD 40-45 billion into transmission infrastructure. Wind ene...