India's Solar Capacity Reaches 85 GW
POWER & RENEWABLE ENERGY

India's Solar Capacity Reaches 85 GW

India?s solar power capacity has reached a significant milestone, touching 85 gigawatts (GW) in the June 2024 quarter. This achievement marks a substantial step forward in the nation?s ongoing energy transition and its commitment to expanding renewable energy sources.

The growth in solar capacity is a result of sustained efforts by the government and private sector to promote and invest in renewable energy. Large-scale solar installations and numerous small-scale projects across the country have contributed to this impressive figure. The Ministry of New and Renewable Energy (MNRE) has been instrumental in driving this growth, implementing supportive policies and incentives to encourage solar energy development.

India's focus on solar energy is part of its broader strategy to meet climate goals and reduce carbon emissions. By increasing the share of renewables in its energy mix, India aims to enhance energy security, reduce dependence on fossil fuels, and contribute to global efforts to combat climate change. The 85 GW milestone underscores India?s commitment to achieving its target of 100 GW of solar power by 2025.

The expansion of solar capacity has significant economic and environmental benefits. It creates jobs, stimulates local economies, and reduces greenhouse gas emissions. Additionally, it helps in lowering the cost of electricity and provides a sustainable source of energy for millions of people.

Several states have played a pivotal role in this growth, with Gujarat, Rajasthan, and Karnataka leading in solar installations. These states have leveraged their high solar irradiance and vast land availability to develop large-scale solar projects. The participation of private companies and international investors has also been crucial, bringing in the necessary capital and technological expertise.

In conclusion, India?s solar power capacity reaching 85 GW by June 2024 is a landmark achievement in the country's renewable energy journey. It highlights the successful implementation of policies and investments aimed at sustainable energy development, positioning India as a global leader in solar energy.

India?s solar power capacity has reached a significant milestone, touching 85 gigawatts (GW) in the June 2024 quarter. This achievement marks a substantial step forward in the nation?s ongoing energy transition and its commitment to expanding renewable energy sources. The growth in solar capacity is a result of sustained efforts by the government and private sector to promote and invest in renewable energy. Large-scale solar installations and numerous small-scale projects across the country have contributed to this impressive figure. The Ministry of New and Renewable Energy (MNRE) has been instrumental in driving this growth, implementing supportive policies and incentives to encourage solar energy development. India's focus on solar energy is part of its broader strategy to meet climate goals and reduce carbon emissions. By increasing the share of renewables in its energy mix, India aims to enhance energy security, reduce dependence on fossil fuels, and contribute to global efforts to combat climate change. The 85 GW milestone underscores India?s commitment to achieving its target of 100 GW of solar power by 2025. The expansion of solar capacity has significant economic and environmental benefits. It creates jobs, stimulates local economies, and reduces greenhouse gas emissions. Additionally, it helps in lowering the cost of electricity and provides a sustainable source of energy for millions of people. Several states have played a pivotal role in this growth, with Gujarat, Rajasthan, and Karnataka leading in solar installations. These states have leveraged their high solar irradiance and vast land availability to develop large-scale solar projects. The participation of private companies and international investors has also been crucial, bringing in the necessary capital and technological expertise. In conclusion, India?s solar power capacity reaching 85 GW by June 2024 is a landmark achievement in the country's renewable energy journey. It highlights the successful implementation of policies and investments aimed at sustainable energy development, positioning India as a global leader in solar energy.

Next Story
Infrastructure Energy

Centre suggests states to list power firms

Power Minister Manohar Lal urged states and union territories to consider listing their power generation, transmission, and distribution companies on stock exchanges to attract investment and improve operational efficiency. Addressing the media, after a conference of power ministers, Lal highlighted the need for increased capital inflows to meet India’s rising power demand, which has placed added strain on the sector. “With the growing power demand, there is a growing need for investment in the sector and improving operational efficiencies. States may identify and take up utilities for lis..

Next Story
Infrastructure Transport

Metro on backburner as Tricity set to get new e-buses circuit

To boost connectivity for the commuters of the Tricity, a new circuit-cum-network of electric buses (e-buses) is all set to come up that will cover Chandigarh, Panchkula, and Mohali. The move comes days after Union Minister for Housing and Urban Affairs Manohar Lal Khattar said that in Chandigarh the ridership is not according to the criteria set for operating a Metro. He had also said that the option of a pod taxi can also be explored as it will not impact the heritage of the Union Territory (UT).Officials stated that the e-buses decision intends to provide an eco-friendly public transportati..

Next Story
Infrastructure Energy

Rajasthan government plans to develop hi-tech city near Jaipur

On the lines of Gujarat International Finance Tech (GIFT) City and Hyderabad Information Technology and Engineering Consultancy (HITEC) City, Raj govt is gearing up to develop a "hi-tech city" close to Jaipur. Recently, Boston Consulting Group – a multinational consulting firm – gave a presentation on the concept of hi-tech cities, follwing which the state govt has started looking for suitable land on outskirts of Jaipur. "We are going to construct a hi-tech city on the outskirts of Jaipur. We are trying to ascertain the amount of land required for core areas of the city and for areas wh..

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