Union Minister Suresh Prabhu has said that India has set a target to generate 100 GW solar energy by 2022 for increasing share of carbon-free energy in the energy mix. While speaking at a function of International Solar Alliance (ISA) Innovation and Investment Forum here today Prabhu stressed on joint efforts required to reduce the cost of finance and technology for massive production of solar energy.

"Many firms of Australia and Japan are keen to invest in India in the solar energy sector. The Minister emphasized on the need for sending market signals so that more funds are invested in R&D in solar energy. India has set a target to generate 100 GW solar energy by 2022 for increasing share of carbon-free energy in the energy mix," he said.