India Showcases Renewable Energy Leadership at WEF Davos 2026

India has emerged as a global leader in driving a just, affordable and inclusive renewable energy transition, Union Minister for New and Renewable Energy Pralhad Joshi said during a series of high-level engagements at the World Economic Forum (WEF) Annual Meeting 2026 in Davos.

Addressing multiple sessions and roundtables, Joshi highlighted that India’s clean energy journey proves that rapid economic growth, affordability and sustainability can progress simultaneously. Guided by the vision of Prime Minister Narendra Modi, he said India’s transition model offers scalable, practical solutions, particularly for developing nations and the Global South.

In a meeting with WEF President and CEO Borge Brende, Joshi, along with Union Minister Ashwini Vaishnaw, discussed the importance of global cooperation in addressing shared economic and developmental challenges. The talks emphasised the role of multilateral platforms like the WEF in fostering dialogue among governments, industry and stakeholders to promote inclusive and resilient growth.

At a WEF roundtable on decentralised renewable energy, Joshi shared India’s experience in rapidly scaling rooftop, agricultural and decentralised clean energy solutions. Highlighting initiatives such as PM Surya Ghar Muft Bijli Yojana and PM-KUSUM, he said these programmes are expanding clean energy access for households and farmers while reducing costs. He also underscored the role of mini-grids and decentralised systems in improving energy reliability in remote and weak-grid regions. Maharashtra Chief Minister Devendra Fadnavis praised India’s progress in the renewable sector under Prime Minister Modi’s leadership.

Speaking at a session on de-risking utility-scale energy transition, Joshi said India is globally recognised for its renewable push, with states playing a critical role in execution. He cited Madhya Pradesh for its low solar and storage costs and competitive green hydrogen prices, noting that execution, not ambition or capital, remains the key global challenge.

On the sidelines, Joshi met Mercuria Group CFO Guillaume Vermersch to discuss collaboration in clean energy, carbon markets, climate finance, green hydrogen, biofuels and energy storage. He welcomed Mercuria’s plan to invest nearly 50 per cent in green energy.

Joshi also highlighted India’s falling solar tariffs, expanded renewable manufacturing capacity of 144 GW, and the transformative role of AI in energy, reaffirming India’s commitment to a collaborative, technology-driven global clean energy transition.