How solar cables will help India meet its renewable energy goals

Nowadays cable manufacturers are using high-tech mechanisms, technologies such as e-beam cross-linking, and halogen-free materials.

- HEMANT K MEHTA

During the 2021 United Nations Climate Change Conference, otherwise known as COP26, Prime Minister Narendra Modi pledged to achieve a net zero target by 2070 and enhanced objectives to tackle climate change. India is focused on generating 50% of the total energy from renewable resources by the year 2030 and slashing carbon emissions by a billion tonnes in the same year. It goes without saying, solar power is among the most popular renewable energy sources today. In fact, according to the International Energy Agency (IEA), solar power is the fastest-growing renewable energy source, and adopting it could be critical in meeting global climate goals.

In this regard, solar cables are a crucial component of the renewable power system as the specialized cables help connect the solar panels to the electrical grid. The shift towards sustainable practices and products is helping lower the impact on the environment and fostering innovations and investment in the solar cable sector. The industry provides infrastructure to power up households, businesses, and communities.

In 2020, the global Solar Cables market’s valuation stood at $694.76 million and is projected to achieve the $1686.91 million target by 2028. By 2021, the installed capacity for renewable energy in India stood at 151.4GW, out of which solar energy accounted for 49.34GW.