ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

India's renewable energy capacity sees 15.84 per cent growth, reaches 209.44 GW by December 2024

The renewable energy sector saw a record capacity addition in 2024, with a total of 28.64 GW installed during the year, representing a significant 119.46 per cent increase over the 13.05 GW added in 2023. The total installed capacity surged from 180.80 GW in December 2023 to 209.44 GW by the end of 2024.

ANI Jan 13, 2025 18:31 IST googleads

Representative Image

New Delhi [India], January 13 (ANI): India's renewable energy sector has registered growth of 15.84 per cent year-on-year, reaching a total installed capacity of 209.44 GW by December 2024, according to the Ministry of New and Renewable Energy (MNRE).
This growth reflects India's resolute commitment to clean energy and its broader goals under the 'Panchamrit' framework, as laid out by Prime Minister Narendra Modi.
The renewable energy sector saw a record capacity addition in 2024, with a total of 28.64 GW installed during the year, representing a significant 119.46 per cent increase over the 13.05 GW added in 2023. The total installed capacity surged from 180.80 GW in December 2023 to 209.44 GW by the end of 2024.
The solar and wind sectors played a leading role in this impressive expansion. Solar power accounted for the largest share, contributing 24.54 GW to the total growth, pushing its cumulative installed capacity from 73.32 GW in 2023 to 97.86 GW in 2024, marking a 33.47 per cent increase.
Wind energy also saw significant progress, with an additional 3.42 GW added in 2024, bringing its total capacity to 48.16 GW, an increase of 7.64 per cent from the previous year.
Other renewable energy sources also contributed to the growth. Bioenergy's installed capacity rose by 4.70 per cent, increasing from 10.84 GW in December 2023 to 11.35 GW in 2024.
Small hydro power projects experienced a modest rise, with capacity growing from 4.99 GW in 2023 to 5.10 GW in 2024, reflecting a 2.20 per cent increase.
Union Minister of New and Renewable Energy, Pralhad Joshi, emphasized the government's dedication to achieving Prime Minister Modi's target of 500 GW of renewable energy by 2030.
These latest figures underscore India's strong commitment to meeting its climate goals while simultaneously enhancing energy security and contributing to the global transition towards sustainable energy solutions. (ANI)

Get the App

What to Read Next

Business

Piyush Goyal meets global industry leaders to deepen trade ties

Piyush Goyal meets global industry leaders to deepen trade ties

The meetings were inclined towards bolstering India's manufacturing capabilities and deepening its integration into global supply chains. The discussions focused on expanding investment partnerships and enhancing India's role as a critical hub in the Indo-Pacific region.

Read More
Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Adani Foundation to connect 10 lakh women nationwide

Adani Foundation to connect 10 lakh women nationwide

The Adani Foundation, today, declared that in the next one year, it will connect one lakh women in Maharashtra with the Swabhimaan initiative. For the future, Adani Foundation has announced to connect 10 lakh women in India with the same initiative and make them strong.

Read More
Business

Govt Urges Citizens to Avoid Panic Booking

Govt Urges Citizens to Avoid Panic Booking

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

Read More
Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.