The Union Ministry of New and Renewable Energy (MNRE) has reported a significant surge in India’s renewable energy capacity, marking substantial progress between December 2023 and December 2024. The latest figures highlight the nation’s commitment to its clean energy transition, aligning with the ‘Panchamrit’ goals set by Prime Minister Shri Narendra Modi.
Record Growth in Renewable Capacity
India’s total installed renewable energy capacity has reached 209.44 GW as of December 2024, reflecting a 15.84% growth from 180.80 GW in December 2023. The country added 28.64 GW of renewable capacity in 2024, more than doubling the 13.05 GW added in 2023, recording a 119.46% year-on-year increase.
Solar and Wind Drive Expansion
Solar power led the expansion, with 24.54 GW of new capacity added in 2024, bringing the total installed solar capacity to 97.86 GW, a 33.47% rise from 73.32 GW in 2023. Wind energy also saw steady growth, with 3.42 GW added in 2024, raising total wind capacity to 48.16 GW, a 7.64% increase from the previous year.
Bioenergy and Small Hydro See Modest Growth
Bioenergy capacity grew from 10.84 GW in December 2023 to 11.35 GW in December 2024, marking a 4.70% increase. Small hydro power also recorded a slight uptick, rising from 4.99 GW in 2023 to 5.10 GW in 2024, reflecting a 2.20% increase.
Government’s Vision for 500 GW by 2030
Under the leadership of Union Minister of New and Renewable Energy Shri Pralhad Joshi, MNRE continues to implement key initiatives to drive India toward its ambitious 500 GW renewable energy target by 2030. The latest capacity additions underscore India’s commitment to accelerating clean energy deployment, enhancing energy security, and fulfilling its climate action goals.
Discover more from SolarQuarter
Subscribe to get the latest posts sent to your email.
