NewsIndia's Renewable Energy Triumph: A Comprehensive Overview of Sector-Wise Progress as of...

India’s Renewable Energy Triumph: A Comprehensive Overview of Sector-Wise Progress as of December 2023

As of December 2023, India has made significant strides in enhancing its renewable energy (RE) capacity across various sectors. The installed RE capacity has seen a substantial boost, with a cumulative achievement of 133,886.18 MW by the end of the period.

Growatt

In the wind power sector, 2,103.11 MW has been added during the fiscal year 2023-24, contributing to a cumulative capacity of 44,736.24 MW. Solar power has experienced remarkable growth, with an addition of 6,538.15 MW during the same period. The cumulative solar power capacity now stands at an impressive 73.32 GW, comprising 56.92 GW from ground-mounted solar plants, 11.08 GW from grid-connected solar rooftops, 2.57 GW from hybrid projects with solar components, and 2.75 GW from off-grid solar installations.

Small hydro power has contributed an additional 42.45 MW, reaching a cumulative capacity of 4,986.75 MW. Biomass cogeneration from bagasse remains constant at 9,433.56 MW, while non-bagasse biomass cogeneration has seen an increase of 13.80 MW, reaching 828.25 MW. Waste to power and waste to energy (off-grid) have added 1.60 MW and 27.24 MW, respectively, resulting in cumulative capacities of 249.74 MW and 333.15 MW.

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These achievements underscore India’s commitment to sustainable energy practices, emphasizing the country’s progress in diversifying its energy mix and reducing dependence on conventional sources. The growth in renewable energy capacity aligns with global efforts to mitigate climate change and transition towards a greener, more sustainable future.


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