13 November 2024 : PIB Summary For UPSC
1. India’s Renewable Energy Sector Achieves Significant Growth
(Source – https://pib.gov.in/PressReleseDetail.aspx?PRID=2072828®=3&lang=1 )
Context |
India’s renewable energy sector has experienced significant growth, with a 24.2 GW increase in capacity between October 2023 and October 2024.This expansion aligns with the country’s commitment to meeting its clean energy targets under the ‘Panchamrit’ goals. |
Growth in Renewable Energy Capacity
- From October 2023 to October 2024, India’s total renewable energy installed capacity increased by 24.2 GW (13.5%), reaching 203.18 GW.
- Including nuclear energy, the total non-fossil fuel capacity rose to 211.36 GW in 2024, up from 186.46 GW in 2023.
Solar Power Surge
- India’s solar energy capacity grew by 20.1 GW (27.9%), increasing from 72.02 GW in 2023 to 92.12 GW in 2024.
- The total solar capacity, including projects under implementation and tendered, reached 250.57 GW, up from 166.49 GW in the previous year.
Wind Power Growth
- Wind energy capacity increased by 7.8%, from 44.29 GW in 2023 to 47.72 GW in 2024.
- The total capacity in the pipeline for wind projects reached 72.35 GW as of October 2024.
Hydro and Nuclear Contributions
- Large hydro projects contributed 46.93 GW, and nuclear energy contributed 8.18 GW to India’s renewable energy mix by October 2024.
- These contributions enhance the diversity and resilience of India’s renewable energy landscape, supporting its clean energy goal