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India’s Renewable Energy Sector Soars: Crosses 129,642.55 MW in Installed Capacity by June 2023

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Representational image. Credit: Canva

As of June 2023, the Ministry of New and Renewable Energy (MNRE) has made significant progress in various renewable energy sectors in India. The cumulative achievements in installed renewable energy capacities as of June 30, 2023, are as follows:

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Solar Power: The solar power sector has shown remarkable growth, with the cumulative installed capacity reaching 70,096.83 MW. In the current financial year, an impressive 3,316.47 MW has been added to the grid.

Wind Power: The installed capacity for wind power stands at 43,773.08 MW, with an additional 1,139.95 MW added in the current fiscal year 2023-24.

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Small Hydro Power: The small hydro power sector has contributed 4,959.05 MW in cumulative capacity, with a modest addition of 14.75 MW in FY 2023-24.

Biomass Cogeneration: Biomass-based cogeneration, both from bagasse and non-bagasse sources, has made a significant impact. While bagasse cogeneration stands at 9,433.56 MW, non-bagasse cogeneration has reached 814.45 MW. No additional capacity has been added in FY 2023-24.

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Waste to Power: The waste to power sector has made progress, with a cumulative capacity of 249.74 MW, including 1.60 MW added in the current fiscal year.

Waste to Energy (off-grid): The off-grid waste to energy sector has achieved a cumulative capacity of 315.84 MW, with an addition of 9.94 MW in FY 2023-24.

Overall, India’s total installed renewable energy capacity has reached an impressive 129,642.55 MW, with the MNRE focusing on further expanding these sectors to achieve its renewable energy goals.

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