The potential
India is the world's third-largest energy consumer. While demand has doubled since 2000, it is expected to continue to rise, given the country's ambition of becoming Viksit Bharat or developed India by 2047. But fossil fuels currently dominate the country's energy mix, with around 80% of electricity needs being met by coal, oil, and solid biomass.
The need for reliable and sustainable energy sources has become urgent to serve India's thriving economy. The rapid decrease in renewable energy costs means that a shift towards clean energy is already in progress, offering India a significant opportunity. We're collaborating with governments and leading companies to tap into this opportunity and speed up the transition to renewable energy.
Our work
Corporate leadership on renewable energy
Through RE100, influential businesses are committing to procuring 100% renewable electricity by 2050. Initiated by us in collaboration with CDP, the goal is to accelerate the transition to zero carbon grids.
In 2023, 190 of over 400+ RE100 member companies had operations in India, including 13 major India headquartered businesses.
Net zero begins with energy efficiency
Energy efficiency is the most cost-effective method for reducing costs and decreasing global fossil fuel demand. EP100 brings together forward-thinking businesses dedicated to enhancing their energy practices.
EP100 members are committed to doubling their energy productivity, implementing energy management systems, or achieving net zero carbon buildings.
Increasing policy ambition on renewables
We're identifying policy and regulatory barriers for businesses in India that prevent them from adopting and scaling-up their renewable energy portfolios.
Read more about our policy engagement work in India.
Our footprint
The total electricity demand of RE100 member companies in the Indian market in 2022
RE100 network's impact on renewable electricity demand.
Number of RE100 member companies with operations in India
We're work with leading businesses as they have the profile and means to demand change and influence their value chains.
RE100 member companies are also among the largest cement manufacturers in India
The hardest decarbonisation challenges are in sectors such as cement.
Why join RE100
RE100 is the leading global initiative for corporates looking to switch to renewables.
Profiling
Our national and global events are attended by industry leaders. We also facilitate other high-visibility opportunities for our member companies.
Peer learning
Connect with our broad network of climate leaders and participate in stakeholder dialogue opportunities. Member companies have an opportunity to interact with and learn from peers from international markets.
Our Publications
Reports on the role of increasing corporate renewable electricity (RE) demand
The three reports emphasise the role of commercial & industrial (C&I) consumers in the uptake of RE in India. They delve into the necessary enabling environment to support Indian companies to achieve 100% RE and become RE100 members.
Read here
Financing the Energy Transition: How Governments Can Maximise Corporate Investment
This report looks at common policy barriers that are hampering the rollout of renewables in some of the world’s biggest economies, including India. It also provides recommendations that would break down barriers, enabling countries to seize the economic opportunities of the energy transition and speed up the race to net zero.
Read here
