India's Renewable Energy Capacity Sees 14.2% Surge, Reaching 213.7 GW

New Delhi, Dec 11 (NationPress) India's cumulative non-fossil fuel installed capacity hit 213.70 GW in November, reflecting an impressive 14.2% growth from 187.05 GW during the same month the previous year, as reported by the government on Wednesday.

The Ministry of New and Renewable Energy (MNRE) highlighted substantial advancements in India's renewable energy landscape from November 2023 to November 2024, emphasizing the nation’s dedication to fulfilling its clean energy objectives as envisioned by Prime Minister Narendra Modi.

Furthermore, the total non-fossil fuel capacity, which encompasses both installed and pipeline projects, soared to 472.90 GW, marking a significant 28.5% increase compared to 368.15 GW in the previous year.

In the fiscal year 2024-25, a total of 14.94 GW of new renewable energy capacity was introduced by November 2024, nearly doubling the 7.54 GW added during the same timeframe in FY23-24, according to the MNRE.

In November 2024, alone, 2.3 GW of new capacity was incorporated— a remarkable fourfold rise from the 566.06 MW added in November 2023.

India's renewable energy sector has experienced extensive growth across all principal categories.

Solar energy continues to dominate, with installed capacity increasing from 72.31 GW in 2023 to 94.17 GW in 2024, showcasing a solid 30.2% growth.

When including pipeline projects, total solar capacity surged by 52.7%, reaching 261.15 GW in 2024, up from 171.10 GW in 2023. Wind energy also contributed significantly, with installed capacity growing from 44.56 GW in 2023 to 47.96 GW in 2024, reflecting a growth of 7.6%.

The ministry reported that total wind capacity, factoring in pipeline projects, rose by 17.4%, from 63.41 GW in 2023 to 74.44 GW in 2024.

Additionally, bioenergy and hydroelectric initiatives have consistently contributed to the renewable energy mix. Bioenergy capacity increased from 10.84 GW in 2023 to 11.34 GW in 2024, indicating a growth of 4.6%. Small hydro projects saw a minor rise, from 4.99 GW in 2023 to 5.08 GW in 2024, with total capacity, including pipeline projects, climbing to 5.54 GW.

Large hydroelectric projects witnessed a slight increase, with installed capacity growing from 46.88 GW in 2023 to 46.97 GW in 2024, while total capacity, including pipeline projects, expanded to 67.02 GW from 64.85 GW the prior year.

In the realm of nuclear energy, installed nuclear capacity rose from 7.48 GW in 2023 to 8.18 GW in 2024, while total capacity, including pipeline projects, remained stable at 22.48 GW.