India, Feb. 25 -- New Delhi (India) February 25 (ANI) India may fail to achieve its 2030 ambitious target of 500 GW renewable energy if annual financing does not grow by 20 per cent annually, according to a new report by UK-based energy think-tank Ember.

As per the report, a total capital flow of USD 300 billion will be needed to keep India on track to meet its renewable energy commitments.

The report also highlighted that project commissioning delays driven by land acquisition challenges, grid connectivity issues, and regulatory hurdles could significantly impact India's renewable energy growth. This will potentially cause a 100 GW shortfall in India's 2030 renewable energy target, the report noted.

India has an ambitious renewable en...