Union Minister for New and Renewable Energy Pralhad Joshi has made a high-decibel pitch for India’s clean energy sector at the World Economic Forum (WEF) in Davos. Highlighting India’s leadership in solar, wind, and green hydrogen, the minister urged global financial giants to tap into a potential climate action investment pool of $400 billion by 2030. This move signals India’s intent to become the primary global hub for sustainable infrastructure and resilient energy transitions.
The $400 Billion Opportunity: Discussion with La Caisse
At the heart of the Pralhad Joshi Davos Clean Energy pitch were focused discussions with the leadership of Canada-based La Caisse, including President and CEO Charles Emond and COO Sarah Bouchard. The minister strongly recommended upscaling the “Partner with India” initiative, highlighting an alignment between India’s green ambitions and the group’s committed $400 billion in climate action investments.
The conversation centered on:
- Hybrid Renewable Projects: Scaling integrated solar-wind systems.
- Transmission Infrastructure: Strengthening the national grid for seamless power flow.
- Energy Storage: Investing in large-scale battery and pumped storage solutions.
India-Oman Partnership: Green Hydrogen in Arid Conditions
In another significant diplomatic move, Joshi met with Dr. Said Mohammed Ahmed Al Saqri, Economic Advisor to the Deputy PM of Oman. The Pralhad Joshi Davos Clean Energy brief highlighted India’s proven ability to scale renewables even in arid and desert conditions—a expertise that offers immense value to Middle Eastern partners.
The two nations discussed deeper cooperation in Green Hydrogen and leveraging India’s manufacturing prowess to support Oman’s energy transition goals.
Manufacturing & Infrastructure: Solar Modules and Electrolysers
India is no longer just a consumer of green energy; it aims to be a top exporter. The Davos discussions emphasized:
- Renewable-Powered Hydrogen Hubs: Creating dedicated zones for cost-effective hydrogen production.
- Port-Based Infrastructure: Setting up export-oriented facilities for green energy components.
- Innovation in Electrolysers: Joint collaboration in the manufacturing of high-efficiency electrolysers and solar modules.
Global Green Energy Grid: The OSOWOG Initiative
A key highlight was the promotion of the “One Sun, One World, One Grid” (OSOWOG) initiative through the International Solar Alliance (ISA). Minister Joshi encouraged global participation in upcoming solar and wind tenders, aiming to unlock the benefits of a global green energy grid that transcends national borders.
Conclusion: Why Global Investors are Looking at India
The Pralhad Joshi Davos Clean Energy pitch underscores India’s position as a stable, scalable, and impact-driven destination for capital. With the India–Oman CEPA and a growing Joint Investment Fund, the roadmap to Viksit Bharat 2047 is increasingly being paved with green energy. For global investors, the message from Davos is clear: India is the future of sustainable growth.