By October 2024, India achieved significant growth in renewable energy, reaching a capacity of 203.18 GW. This marks a notable 13.5% increase, or an additional 24.2 GW, from the 178.98 GW recorded a year prior in October 2023. The Ministry of New and Renewable Energy attributed this rise to India’s ambitious targets in the renewable sector. Solar power emerged as a leading area, with a remarkable 20.1% growth rate, expanding from 72.02 GW in October 2023 to 92.12 GW in October 2024. Including ongoing and tendered projects, India’s total solar capacity has surged to 250.57 GW, a sharp increase from the 166.49 GW reported last year. Wind energy has also demonstrated steady progress, growing 7.8% from 44.29 GW in October 2023 to 47.72 GW in 2024. Additionally, there is a promising pipeline of 72.35 GW for future wind projects, reflecting India’s commitment to renewable expansion.
Between April and October 2024, India added 12.6 GW to its renewable energy portfolio, with 1.72 GW installed in October alone, underscoring the rapid shift toward green energy solutions. As of October, India has 143.94 GW of renewable capacity under construction and 89.69 GW in the tendering phase, compared to last year’s 99.08 GW under implementation and 55.13 GW tendered. The country’s renewable portfolio has been further strengthened by hydroelectric projects, which contribute 46.93 GW, and nuclear power, adding 8.18 GW. Altogether, India’s non-fossil fuel capacity now stands at 211.36 GW in 2024, up from 186.46 GW in 2023. This comprehensive development across solar, wind, hydro, and nuclear highlights India’s determination to transition to sustainable energy and achieve its clean energy objectives.
