India's minister of new and renewable energy declared at the World Economic Forum that the future of energy lies in renewables, highlighting the country's success in making solar power more affordable than fossil fuels. He pointed to India's large-scale rooftop solar initiative, which is helping millions save and even earn money, while acknowledging ongoing efforts to improve reliability and storage. Other industry leaders at the panel echoed the sentiment, noting that renewables are rapidly scaling up worldwide, with significant advances in technology, cost, and project size. While challenges remain, experts agreed that renewables are now the default choice for new energy projects and are the most cost-effective option globally.
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