India's Renewable Energy Capacity Surges by 113% in 2024: Government Report
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New Delhi, Jan 12 (NationPress) India has successfully added around 30 GW (Gigawatt) of new renewable energy capacity in the previous year, marking an impressive 113% increase from the 13.75 GW added in 2023, as reported by the Ministry of New and Renewable Energy.
With this growth, India's total renewable energy capacity has now reached 218 GW.
The nation has ambitious plans, targeting 500 GW of renewable energy capacity by 2030. To meet this goal, India needs to install at least 50 GW of new renewable energy capacity each year over the next six years.
New and Renewable Energy Minister Pralhad Joshi highlighted on the social media platform 'X', "The remarkable growth from 13.75 GW in 2023 to approximately 30 GW in 2024, leading to nearly 218 GW now, exemplifies India's commitment to clean energy and progress towards a sustainable future."
According to the ministry's records, India had a renewable energy capacity of 35.84 GW as of March 31, 2014.
Since the fiscal year (FY) 2014-15, India achieved its highest renewable capacity addition of 18.48 GW in 2023-24.
As per JMK Research, India installed 4.59 GW of new rooftop solar capacity during the calendar year 2024 (January to December), which is 53% higher than in 2023. This growth can largely be attributed to the PM Surya Ghar Free Bijli Yojana, launched earlier this year, which enabled 700,000 rooftop solar installations in just 10 months across the nation.
The wind energy sector saw a capacity addition of 3.4 GW in 2024, a 21% increase compared to 2023. Notably, 98% of the installed wind energy capacity in 2024 came from three states: Gujarat (1,250 MW), Karnataka (1,135 MW), and Tamil Nadu (980 MW).
