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India’s renewable energy sector can employ 1 mn people by 2030: Study

by Economy India
January 27, 2022
Reading Time: 2 mins read
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According to a report in Business Standard, India’s renewable energy sector has the potential to employ around one million people by 2030, and most of the new jobs would be generated by small-scale renewable energy projects, according to a study.

India’s renewable energy sector could potentially employ around one million people by 2030, which would be ten times more than the existing workforce of an estimated 1.1 lakh employed by the sector, according to an independent study released on Thursday by the Council on Energy, Environment and Water (CEEW), Natural Resources Defense Council (NRDC) and Skill Council for Green Jobs (SCGJ), the report said.

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The study “India’s Expanding Clean Energy Workforce” highlighted that most of the new jobs would be generated by small-scale renewable energy projects such as rooftop solar and mini and micro-grid systems compared to utility or large-scale projects like solar parks.

The CEEW-NRDC-SCGJ analysis also highlighted the adverse impact of the pandemic on employment in the renewable energy sector. In comparison to 12,400 new workers employed in the sector in FY19, only 5,200 new workers were employed in FY20 and 6400 were employed in FY21, the report said.

In FY21, a majority of the new workers were employed in the rooftop solar segment where annual capacity additions grew by nine per cent over FY20 and accounted for 1.4 GW capacity, it added.

The study further noted that India has successfully trained 78,000 people under the Suryamitra training program, between 2015 and 2017, to improve the availability of skilled workers for clean energy projects.

“The upcoming Union Budget must especially focus on scaling up rooftop solar, mini and micro grid systems, and domestic solar manufacturing to maximise the employment opportunities in the sector,” Dr Arunabha Ghosh, CEO, CEEW said. (Business Standard)

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Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

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