In 2024, India recorded a substantial increase in renewable energy capacity, with 28.64 GW added during the year. This represents an impressive 119.46% rise compared to the 13.05 GW added in 2023. The total installed capacity jumped from 180.80 GW in December 2023 to 209.44 GW by the end of 2024.

The solar and wind energy sectors have been the driving forces behind this significant growth. Solar power alone accounted for the lion’s share, contributing 24.54 GW to the overall capacity. This boosted its cumulative installed capacity from 73.32 GW in 2023 to 97.86 GW in 2024, marking a 33.47% increase.

Wind energy also saw substantial progress, with an additional 3.42 GW added in 2024. This brought its total capacity to 48.16 GW, reflecting a 7.64% rise from the previous year.

Other renewable energy sources have also played a role in this expansion. Bioenergy’s installed capacity increased by 4.70%, rising from 10.84 GW in December 2023 to 11.35 GW in 2024. Small hydro power projects saw a modest growth, with capacity increasing from 4.99 GW in 2023 to 5.10 GW in 2024, reflecting a 2.20% rise.

Union Minister of New and Renewable Energy, Pralhad Joshi, reiterated the government’s commitment to achieving Prime Minister Modi’s ambitious target of 500 GW of renewable energy by 2030. These figures underline India’s ongoing efforts to meet its climate goals, while enhancing energy security and contributing to the global shift towards sustainable energy solutions.

The post India Achieves 15.84% Growth in Renewable Energy Capacity, Reaching 209.44 GW appeared first on FolksTimes.