India's energy transition

Abstract

India has an ambitious renewable energy target for the decades ahead. However, the targets are faced with two critical impediments: (1) the lack of an internationally competitive renewable equipment manufacturing industry domestically and (2) the overdependency on external supply sources for equipment and machinery. The chapter finds that, despite the significant role China can play in giving momentum to India’s energy transition, the divergences in political, economic, and strategic interests continue to be critical hurdles in their bilateral engagement. The chapter then evaluates the opportunities and obstacles of China’s role in India’s energy transition and introduces a renewed approach for technology collaboration – co-innovation – for guiding bilateral engagement on the energy transition front.