Wire · operational-macro
India's Energy Transition Is Complicated, But Progressing
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Fusion42 · 10 October 2026 · Fusion42 review
India continues to rely heavily on coal for about 70% of its electricity, contributing to the world's largest absolute rise in emissions in 2024. However, India is also rapidly expanding its clean energy capacity, surpassing its Paris Agreement targets for non-fossil fuel power capacity ahead of schedule.
This Wire brief sits within Fusion42's coverage of Climate Tech.
◆ ◆ The Wire takeaway
India’s rapid renewables build opens new markets despite coal’s dominance. If you develop clean energy tech or services, you face a faster race to deliver on climate goals amid mixed signals on fossil use.
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1 source · 10 Oct 2026
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