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NewsIndia Crosses 150 GW Of Renewable Energy Capacity

India Crosses 150 GW Of Renewable Energy Capacity

On November 29, the Ministry of New and Renewable Energy (MNRE), declared that the nation’s total established renewable energy capacity, which includes energy generated from hydro, has surpassed the 150 gigawatts (GW) milestone.

Growatt

“A remarkable moment of celebration for the people of India as the total installed capacity crosses the mark of 150 GW (including hydro)”, they said in their tweet.

The administration is now on track to meet the ambitious aim of installing 175 GW of renewable energy capacity in less than a year, that is, by 2022.

According to the Ministry, the 175 GW will include 100 GW of solar power, 10 GW of small hydro, 60 GW of wind power, and 5 GW of biomass-based power plants.

The ministry also reported earlier this month that the country added 1,522.35 MW of renewable energy capacity in October 2021, totalling 103.05 GW of renewable energy capacity across the country.

The 103.05 GW includes 4.82 GW of small hydro capacity, 10.58 GW of biomass-based capacity, 39.99 GW of wind power, and 47.66 GW of power generated from solar energy, according to them.

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As per MNRE, projects with a total capacity of 50.98 GW were in different stages of production, while projects with a total capacity of 32.06 GW were in various phases of bidding. Furthermore, an investment of Rs 2,265.99 crore was incurred till October 31, 2021, representing 39.39 per cent of the ministry’s overall budget projection (FY 2021-22).


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