Union Ministry of New and Renewable Energy has reported remarkable progress in India’s renewable energy sector, highlighting significant achievements between December 2023 and December 2024. This growth reflects India’s steadfast commitment to achieving its clean energy targets and broader vision under the ‘Panchamrit’ goals.
As of December 2024, India’s total renewable energy installed capacity had reached 209.44 GW, an impressive 15.84 percent increase from 180.80 GW in December 2023. The total capacity added during 2024 amounted to 28.64 GW, representing a significant year-on-year increase of 119.46 percent compared to the 13.05 GW added in 2023.
In 2024, solar power spearheaded this growth with the addition of 24.54 GW, reflecting a 33.47 per cent rise in its cumulative installed capacity from 73.32 GW in 2023 to 97.86 GW in 2024. Wind energy also contributed to this expansion, with an additional 3.42 GW installed in 2024, increasing the total wind capacity to 48.16 GW, a growth of 7.64 per cent from 2023.
Bioenergy has shown remarkable growth, with its installed capacity rising from 10.84 GW in December 2023 to 11.35 GW in December 2024, a 4.70 percent increase. Small hydro power projects saw incremental growth, with installed capacity increasing from 4.99 GW in 2023 to 5.10 GW in 2024, a 2.20 percent rise.
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