Renewable Vitality Capability Addition In India Will increase By 113% In 2024: Centre | Economic system Information

Renewable Vitality Capability Addition In India Will increase By 113% In 2024: Centre | Economic system Information

New Delhi: India added about 30 GW (Gigawatt) of latest renewable vitality capability final yr, 113 per cent greater in comparison with 13.75 GW added in 2023, in line with the Ministry of New and Renewable Vitality. With the growth, India’s whole renewable vitality capability has reached 218 GW.

India has set a goal of creating 500 GW of renewable vitality capability by 2030. To realize this goal, the nation must set up a minimum of 50 GW of latest renewable vitality capability yearly within the subsequent six years. In a submit on the social media platform ‘X’, New and Renewable Vitality Minister Pralhad Joshi mentioned, “Exponential development from 13.75 GW in 2023 to round 30 GW in 2024, leading to reaching almost 218 GW now underscores India’s rising dedication to scrub vitality and its progress in constructing a greener future.”

Based on the ministry’s information, India had a renewable vitality capability of 35.84 GW as of March 31, 2014. Because the monetary yr (FY) 2014-15, India recorded the best renewable capability addition of 18.48 GW in 2023-24.

Based on JMK Analysis, India put in 4.59 GW of latest rooftop photo voltaic capability within the calendar yr 2024 (January to December), 53 per cent greater than in 2023. This development is principally attributed to the PM Surya Ghar Free Bijli Yojana, which was launched earlier this yr. The scheme facilitated 7 lakh rooftop photo voltaic installations in simply 10 months throughout the nation.

The wind sector noticed a brand new capability addition of three.4 GW in 2024, 21 per cent greater than in 2023. 98 per cent of the put in wind vitality capability in 2024 was from three states — Gujarat (1,250 MW), Karnataka (1,135 MW) and Tamil Nadu (980 MW).

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