+
India Adds 30 GW of Renewable Energy in 2024
POWER & RENEWABLE ENERGY

India Adds 30 GW of Renewable Energy in 2024

India added about 30 GW (Gigawatt) of new renewable energy capacity last year, 113 percent higher compared to 13.75 GW added in 2023, according to the Ministry of New and Renewable Energy.

With the expansion, India's total renewable energy capacity has reached 218 GW.

India has set a target of developing 500 GW of renewable energy capacity by 2030. To achieve this target, the country will have to install at least 50 GW of new renewable energy capacity every year in the next six years.

In a post on the social media platform 'X', New and Renewable Energy Minister Pralhad Joshi said, "Exponential growth from 13.75 GW in 2023 to around 30 GW in 2024, resulting in achieving nearly 218 GW now underscores India's growing commitment to clean energy and its progress in building a greener future."

According to the ministry's data, India had a renewable energy capacity of 35.84 GW as of March 31, 2014. Since the financial year (FY) 2014-15, India recorded the highest renewable capacity addition of 18.48 GW in 2023-24.

According to JMK Research, India installed 4.59 GW of new rooftop solar capacity in the calendar year 2024 (January to December), 53 percent higher than in 2023. This growth is mainly attributed to the PM Surya Ghar Free Bijli Yojana, which was launched earlier this year. The scheme facilitated 7 lakh rooftop solar installations in just 10 months across the country.

The wind sector saw a new capacity addition of 3.4 GW in 2024, 21 percent higher than in 2023. 98 percent of the installed wind energy capacity in 2024 was from three states -- Gujarat (1,250 MW), Karnataka (1,135 MW), and Tamil Nadu (980 MW).

India added about 30 GW (Gigawatt) of new renewable energy capacity last year, 113 percent higher compared to 13.75 GW added in 2023, according to the Ministry of New and Renewable Energy. With the expansion, India's total renewable energy capacity has reached 218 GW. India has set a target of developing 500 GW of renewable energy capacity by 2030. To achieve this target, the country will have to install at least 50 GW of new renewable energy capacity every year in the next six years. In a post on the social media platform 'X', New and Renewable Energy Minister Pralhad Joshi said, Exponential growth from 13.75 GW in 2023 to around 30 GW in 2024, resulting in achieving nearly 218 GW now underscores India's growing commitment to clean energy and its progress in building a greener future. According to the ministry's data, India had a renewable energy capacity of 35.84 GW as of March 31, 2014. Since the financial year (FY) 2014-15, India recorded the highest renewable capacity addition of 18.48 GW in 2023-24. According to JMK Research, India installed 4.59 GW of new rooftop solar capacity in the calendar year 2024 (January to December), 53 percent higher than in 2023. This growth is mainly attributed to the PM Surya Ghar Free Bijli Yojana, which was launched earlier this year. The scheme facilitated 7 lakh rooftop solar installations in just 10 months across the country. The wind sector saw a new capacity addition of 3.4 GW in 2024, 21 percent higher than in 2023. 98 percent of the installed wind energy capacity in 2024 was from three states -- Gujarat (1,250 MW), Karnataka (1,135 MW), and Tamil Nadu (980 MW).

Next Story
Real Estate

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

Next Story
Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

Next Story
Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?