India Becomes 3rd-Largest Wind, Solar Power Generator, Surpasses Germany
POWER & RENEWABLE ENERGY

India Becomes 3rd-Largest Wind, Solar Power Generator, Surpasses Germany

In 2024, India emerged as the world’s third-largest producer of electricity from wind and solar energy, surpassing Germany, according to the latest ‘Global Electricity Review’ by Ember, a global energy think tank. Wind and solar together contributed 10 per cent of India's electricity generation, while globally, these sources accounted for 15 per cent of total power produced.

The report highlighted that low-carbon sources — including renewables and nuclear — supplied 40.9 per cent of global electricity in 2024, marking the first time since the 1940s that this threshold was crossed. In India, clean energy sources generated 22 per cent of the electricity, with hydropower contributing 8 per cent, and wind and solar making up 10 per cent.

India witnessed significant growth in solar energy, which alone accounted for 7 per cent of the country’s electricity, doubling its share since 2021. The nation added 24 gigawatts (GW) of solar capacity in 2024 — more than twice the capacity added in 2023 — making it the third-largest solar market after China and the US. This expansion resulted in a 20 terawatt-hour (TWh) increase in solar electricity, the fourth-largest increase globally.

Globally, solar remained the leading source of new electricity generation for the third consecutive year, contributing 474 TWh, and continued to be the fastest-growing energy source for the 20th year in a row. In just three years, solar power's global share doubled to 6.9 per cent of electricity generation.

The Ember report also underlined the importance of accelerating clean energy deployment in India to meet growing electricity demand. India aims to derive 50 per cent of its installed electricity capacity from non-fossil fuel sources by 2030. It has also set an aspirational target of achieving 500 GW of non-fossil capacity by that year. However, reaching this goal will require a 20 per cent annual increase in funding.

News source: The Hindu

Image Source:www.saurenergy.com/

In 2024, India emerged as the world’s third-largest producer of electricity from wind and solar energy, surpassing Germany, according to the latest ‘Global Electricity Review’ by Ember, a global energy think tank. Wind and solar together contributed 10 per cent of India's electricity generation, while globally, these sources accounted for 15 per cent of total power produced. The report highlighted that low-carbon sources — including renewables and nuclear — supplied 40.9 per cent of global electricity in 2024, marking the first time since the 1940s that this threshold was crossed. In India, clean energy sources generated 22 per cent of the electricity, with hydropower contributing 8 per cent, and wind and solar making up 10 per cent. India witnessed significant growth in solar energy, which alone accounted for 7 per cent of the country’s electricity, doubling its share since 2021. The nation added 24 gigawatts (GW) of solar capacity in 2024 — more than twice the capacity added in 2023 — making it the third-largest solar market after China and the US. This expansion resulted in a 20 terawatt-hour (TWh) increase in solar electricity, the fourth-largest increase globally. Globally, solar remained the leading source of new electricity generation for the third consecutive year, contributing 474 TWh, and continued to be the fastest-growing energy source for the 20th year in a row. In just three years, solar power's global share doubled to 6.9 per cent of electricity generation. The Ember report also underlined the importance of accelerating clean energy deployment in India to meet growing electricity demand. India aims to derive 50 per cent of its installed electricity capacity from non-fossil fuel sources by 2030. It has also set an aspirational target of achieving 500 GW of non-fossil capacity by that year. However, reaching this goal will require a 20 per cent annual increase in funding. News source: The HinduImage Source:www.saurenergy.com/

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement