Renewable energy capacity in India to increase by 113 percent by 2024: Center
NEW DELHI New Delhi: India added about 30 gigawatts (GW) of new renewable energy capacity last year, 113 per cent more than the 13.75 GW added in 2023, according to the Ministry of New and Renewable Energy. With the expansion, India's total renewable energy capacity reaches 218 GW.
India has set a target of developing 500 GW of renewable energy capacity by 2030. To achieve this target, the country will need to install at least 50 gigawatts of new renewable energy capacity every year over the next six years.
In a post on social media platform “underscores PAC's growing commitment and its progress in building a greener future.”
According to ministry data, India's renewable energy capacity as of March 31, 2014 was 35.84 gigawatts.
Since FY 2014-15, India recorded the highest renewable capacity addition of 18.48 GW in 2023-24.
According to JMK Research, India installed 4.59 GW of new rooftop solar capacity in calendar year 2024 (January to December), 53 percent more than in 2023. This increase is mainly due to the PM Surya Ghar Free Electricity Scheme, which was launched earlier this year. The scheme facilitated 7 lakh rooftop solar installations across the country in just 10 months.
The wind power sector sees new capacity addition of 3.4 GW in 2024, 21 percent more than in 2023. 98 per cent of the installed wind power capacity in 2024 will be from three states – Gujarat (1,250 MW), Karnataka (1,135 MW) and Tamil Nadu (980 MW).
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