The All Ireland Renewable Electricity Conference was hosted by the Irish Wind Energy Association (IWEA) and RenewableNI.
Giving the keynote address at an online conference, Minister Dodds said: "When I published the roadmap for rebuilding a stronger economy in June 2020, I highlighted that clean energy was one of the main sectors which could drive a green economic recovery.
"We have already led the way in developing renewable electricity, with 48% of our electricity coming from renewable sources.
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"This success has helped to support a low carbon and renewable energy economy made up of 3,500 business, 5,400 jobs and £269million of exports."
The Minister spoke to delegates about her plans for "an ambitious but achievable renewable electricity target which can be delivered in a cost-effective way for consumers".
"Whilst work is ongoing to gather the evidence needed to set a new target for Northern Ireland, I am already on the record in stating that I firmly believe that this target should not be below 70%."
Onshore wind currently provides more than 80% of Northern Ireland's renewables capacity.
Minister Dodds said she also sees great potential for offshore wind and marine renewables as well as a role for renewables in delivering her hydrogen ambitions.
"I am very excited by the potential opportunities to lead the development of a hydrogen economy, and I see the renewables sector as playing a key role in supporting this by providing clean electricity for hydrogen production."
