India’s Renewable Energy Capacity Rises 15.84% In 2024
POWER & RENEWABLE ENERGY

India’s Renewable Energy Capacity Rises 15.84% In 2024

India’s total renewable energy installed capacity reached 209.44 GW by December 2024, recording a 15.84% increase from 180.80 GW in December 2023, according to the union ministry of new and renewable energy (MNRE). 

The country added 28.64 GW of renewable energy capacity during 2024, a 119.46% rise compared to the 13.05 GW added in the previous year. 

Solar power led the growth, with 24.54 GW added in 2024, raising its cumulative installed capacity by 33.47% from 73.32 GW in December 2023 to 97.86 GW in December 2024. Wind energy contributed an additional 3.42 GW, increasing total wind capacity by 7.64% to 48.16 GW from 44.74 GW in 2023. 

Bioenergy capacity rose by 4.70%, from 10.84 GW in December 2023 to 11.35 GW in December 2024. Small hydro power projects saw a 2.20% growth, with installed capacity increasing to 5.10 GW from 4.99 GW during the same period. 

The MNRE, led by Union Minister Pralhad Joshi, attributed the growth to ongoing efforts to achieve the target of 500 GW renewable energy capacity by 2030, as outlined under India’s ‘Panchamrit’ goals. 
Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

India’s total renewable energy installed capacity reached 209.44 GW by December 2024, recording a 15.84% increase from 180.80 GW in December 2023, according to the union ministry of new and renewable energy (MNRE). The country added 28.64 GW of renewable energy capacity during 2024, a 119.46% rise compared to the 13.05 GW added in the previous year. Solar power led the growth, with 24.54 GW added in 2024, raising its cumulative installed capacity by 33.47% from 73.32 GW in December 2023 to 97.86 GW in December 2024. Wind energy contributed an additional 3.42 GW, increasing total wind capacity by 7.64% to 48.16 GW from 44.74 GW in 2023. Bioenergy capacity rose by 4.70%, from 10.84 GW in December 2023 to 11.35 GW in December 2024. Small hydro power projects saw a 2.20% growth, with installed capacity increasing to 5.10 GW from 4.99 GW during the same period. The MNRE, led by Union Minister Pralhad Joshi, attributed the growth to ongoing efforts to achieve the target of 500 GW renewable energy capacity by 2030, as outlined under India’s ‘Panchamrit’ goals. 

Next Story
Infrastructure Energy

Orb Energy Achieves Rs 3 Bn Milestone in Solar Financing Success

Orb Energy, a vertically integrated solar energy solutions provider, has achieved a significant milestone by surpassing Rs 3 billion in financing disbursements through its in-house finance facility that requires no collateral or down payment. This accomplishment underscores its dedication to supporting small and medium enterprises (SMEs) and micro, small, and medium enterprises (MSMEs) in India in transitioning to cost-effective solar energy solutions. The company has installed approximately 350 MW of solar photovoltaic systems nationwide, with a strong foothold in southern and western India...

Next Story
Infrastructure Energy

90% Defaulters Yet to Settle Rs 3.17 Bn Power Dues in Noida

Out of a total of 1.31 lakh defaulters in Noida, only 13,500 consumers availed of the one-time settlement (OTS) scheme during its first phase. The Uttar Pradesh Power Corporation (UPPCL) launched the scheme in three phases, from December 15, 2024, to January 31, 2025. These consumers cleared dues amounting to Rs 300.40 million out of a total Rs 3.47 billion owed. Officials emphasized that stricter enforcement of the scheme would be implemented in the coming phases. During a recent weekend meeting with the technical team of the power department, the Noida zone's chief engineer instructed that..

Next Story
Infrastructure Energy

NER Invites Bids for 10 MW Rooftop Solar Projects in Uttar Pradesh

The Varanasi division (electrical) of Northeastern Railway has recently issued four tenders for a total of 10.4 MW on-grid rooftop solar systems to be installed at various buildings in Gorakhpur, Uttar Pradesh. The tenders include different project capacities, with submission deadlines set between January 31 and February 3, 2025. Bidders are required to submit earnest money deposits (EMDs) ranging from Rs 0.89 million to Rs 1.2 million depending on the tender, with the expected project costs varying between Rs 148 million and Rs 174.08 million. The selected contractors will be tasked with sup..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000