Solar Installed Capacity Surges Over 25 Times: Economic Survey

23 Jul 2024 CW Team

According to the Economic Survey, India's solar installed capacity has increased more than 25 times from 2014 to 2023. This dramatic growth underscores the country's commitment to enhancing its renewable energy infrastructure and reducing dependence on fossil fuels.

In 2014, India's solar capacity was relatively modest, but significant policy support and investments have fueled a rapid expansion. The surge in installations reflects India's strategic push towards meeting its ambitious renewable energy targets and addressing climate change challenges.

The expansion of solar power capacity is a key component of India's broader energy transition strategy, aimed at increasing the share of clean energy in the national grid and improving environmental sustainability. This growth is expected to continue as India accelerates its efforts to meet both domestic and international climate commitments.

The Economic Survey highlights this achievement as a testament to India's progress in renewable energy and its ongoing efforts to build a more sustainable and resilient energy system. The increase in solar capacity not only supports India's green energy goals but also contributes to global efforts to combat climate change.

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