In an interview, Vice President of Wärtsilä Energy, Anders Lindberg, discussed the global energy landscape and India's role in the clean energy transition. Wärtsilä, a Finnish company, is a leader in energy solutions.
Lindberg acknowledged uncertainties from U.S. policy changes but emphasized the continued momentum of clean energy. The falling costs of solar, wind, and battery storage are driving this shift.
India is seen as a key player in clean tech manufacturing, with Wärtsilä expanding its operations there. India's focus is on clean energy manufacturing and its potential to become a global leader in the sector.
India aims to add 500 GW of renewables by 2030, and balancing capacity is crucial for grid stability. Engine plants and battery storage complement each other for a resilient grid.
Policy clarity and a strong domestic market are key to attracting investment from Nordic and European firms. Wärtsilä has a long-standing commitment to India's energy transition.
In February 2025, India announced a new manufacturing mission to boost domestic production of solar cells, electrolyzers, and batteries. Clean energy companies saw gains following the announcement.
The Accelerating Clean Energy (ACE) event at IIT Madras focused on clean energy solutions, including carbon capture and industrial decarbonization. These developments highlight India's proactive approach to clean energy.