India Emerges as Global Leader in Renewable Energy Growth
Key Ideas
- India has achieved a non-fossil fuel-based energy capacity of 217.62 gigawatts by January 2025, showcasing impressive growth in solar and wind installations.
- In 2024, India added 24.5 gigawatts of solar capacity and 3.4 gigawatts of wind capacity, exceeding previous year's figures and positioning the country as a global leader in renewable energy.
- The government aims to reach 500 gigawatts of non-fossil fuel energy capacity by 2030, with initiatives like PM Surya Ghar: Muft Bijli Yojana contributing towards the growth of rooftop solar installations.
- Efforts are being made to develop green hydrogen policies to reduce costs and attract investments, alongside a remarkable 182 percent increase in the off-grid solar segment in 2024.
India has made significant progress in the renewable energy sector, achieving a non-fossil fuel-based energy capacity of 217.62 gigawatts by January 2025. The country added 24.5 gigawatts of solar capacity and 3.4 gigawatts of wind capacity in 2024, surpassing previous records. This growth reinforces India's position as a global leader in renewable energy development. The government has set a target of 500 gigawatts of non-fossil fuel energy capacity by 2030 and initiatives like PM Surya Ghar: Muft Bijli Yojana have played a key role in promoting rooftop solar installations. Additionally, there has been a significant 182 percent increase in the off-grid solar segment in 2024. To further drive down costs and attract investments, green hydrogen policies are being actively developed. These efforts showcase India's commitment to clean energy and sustainable practices.