India invites global investors to scale clean energy partnerships at WEF 2026

At the World Economic Forum (WEF) Annual Meeting 2026 in Davos, Pralhad Joshi, India’s Union Minister for New and Renewable Energy, called on global investors and financial institutions to partner with India in scaling clean energy infrastructure that is resilient, investment-ready and capable of supporting long-term growth.

Speaking at the session “Resilient Infrastructure for Growth”, Joshi said the central challenge of the global energy transition lies not only in deploying technology, but in building infrastructure that can scale reliably while remaining financially viable. He outlined India’s experience in combining rapid capacity expansion with system resilience, noting that the country had reached 267 GW of non-fossil fuel power capacity as of December 2025 and remains on track to meet its 2030 targets.

According to Joshi, India’s progress has been underpinned by supportive policy frameworks, domestic manufacturing capacity, grid modernisation, energy storage deployment and emerging pathways for geothermal and nuclear energy. He emphasised the role of patient capital, blended finance structures and stronger coordination between governments, the private sector and multilateral development banks in enabling an inclusive global energy transition.

Sustainability and growth

The minister also delivered the keynote address at the roundtable “Delivering Sustainability at Scale: Pathways for Global Transformation”, where he said sustainability has moved to the core of economic growth strategies. He argued that the defining question for this decade is no longer whether economies should transition, but how sustainability can be delivered at scale, at speed and in a way that strengthens economic competitiveness and resilience.

Reiterating India’s commitment to achieving net-zero emissions by 2070, Joshi said the country’s approach is guided by the principle of Vasudhaiva Kutumbakam—One Earth, One Family, One Future. He described India’s energy transition as a structural transformation of the economy rather than a narrow technological shift, with renewables positioned as a reliable and cost-effective growth pathway.

Bilateral engagements

On the sidelines of the WEF meeting, Joshi held a series of bilateral discussions with government representatives and industry leaders to explore cooperation in clean energy and related infrastructure.

In a meeting with Said Mohammed Ahmed Al Saqri, Economic Advisor at the Office of the Deputy Prime Minister for Economic Affairs, Oman, discussions focused on collaboration across solar, wind, green hydrogen and energy storage, including applications suited to arid and desert conditions. Potential areas of cooperation included joint manufacturing of solar modules and electrolysers, renewable-powered hydrogen hubs, port-based export infrastructure and collaboration under the International Solar Alliance and the One Sun One World One Grid initiative.

Joshi also met Maxime Prévot, Belgium’s Deputy Prime Minister and Minister of Foreign Affairs, European Affairs and Development Cooperation, where discussions centred on strengthening India–Belgium cooperation in energy and sustainability. A separate meeting with Subaih Abdul Aziz Al-Mukhaizeem, Kuwait’s Minister of Electricity, Water and Renewable Energy, focused on investment opportunities in India’s renewable energy sector.

Engagement with global investors

The Union Minister held discussions with Charles Emond, President and CEO of La Caisse, and Sarah Bouchard, Chief Operating Officer, on scaling long-term climate and clean energy investments in India. Joshi encouraged the expansion of the “Partner with India” initiative to align with La Caisse’s plan to deploy up to USD 400 billion toward climate action by 2030.

In another meeting, Joshi met Juvencio Maeztu, CEO and President of Ingka Group, which operates IKEA’s retail business. The group expressed interest in entering India’s renewable energy market, particularly in solar, wind and hybrid solutions.

India Pavilion at Davos

Joshi also attended the inauguration of the India Pavilion at WEF 2026 alongside senior political leaders, including N. Chandrababu Naidu, Himanta Biswa Sarma, Ram Mohan Naidu, and M. B. Patil. During the event, Joshi launched a Green Investment Handbook titled “The India Story”.

The pavilion highlights India’s policy stability, regulatory predictability and opportunities across manufacturing, infrastructure, renewable energy and technology, aligned with the country’s Viksit Bharat 2047 vision.

Positioning India in the global transition

Joshi said India has continued to expand its capabilities despite global economic uncertainty and supply-chain disruptions by focusing on long-term resilience and capacity building. He added that India aims to position itself as a stable and predictable destination for clean energy investment as global capital seeks scalable and commercially viable decarbonisation opportunities.