Renewable Energy Innovations and Sustainable Development in South Asia

South Asia is rapidly transitioning towards renewable energy, driven by substantial investments and ambitious targets set by various governments in the region.

Renewable Energy Innovations and Sustainable Development in South Asia

India is spearheading this movement, expected to dominate the renewable energy market in South Asia due to its significant investments and supportive government policies. The focus has been primarily on solar energy, which is projected to witness significant growth. India alone added approximately 49,684 MW of solar energy capacity in recent years, and the government has robust plans to continue expanding solar installations, aiming for 280 GW by 2030.

In Tamil Nadu, India, the implementation of climate-smart villages is a pioneering initiative aimed at integrating renewable energy solutions into daily life to promote sustainable agricultural practices and improve rural livelihoods. This is part of a broader strategy to employ clean energy in enhancing the resilience of the agricultural sector against climate change.

Sri Lanka is also making strides with innovative projects like the first-ever semi-transparent solar PV powered agrivoltaic pilot in Kandy. This project represents a significant step in using agrivoltaics, combining agriculture with solar photovoltaics to maximise land use and increase the efficiency of solar energy production.

The Sustainable Apparel Forum held in Dhaka, Bangladesh, recently highlighted the importance of integrating ethical and environmentally friendly practices into the apparel industry. This sector is crucial for the economy of Bangladesh and has a significant environmental footprint. The forum brought together leaders to discuss sustainable practices.

These initiatives across South Asia highlight the region's commitment to renewable energy and indicate a promising outlook for the sector.



Annual Review 2022