India Achieves 214 GW Green Energy Capacity, Eyes 500 GW by 2030
Key Ideas
  • India concluded 2024 with 214 GW of green energy capacity, making significant progress towards its goal of reaching 500 GW from non-fossil fuels by 2030.
  • The country added nearly 15 GW of renewable energy capacity between April and November 2024, demonstrating a substantial increase compared to the previous year.
  • 'PM Surya Ghar: Muft Bijli Yojana' saw 7 lakh solar installations in just 10 months, showcasing a ten-fold rise in monthly installations post-scheme launch.
  • The government's initiatives like PM KUSUM scheme and National Green Hydrogen Mission aim to further boost renewable energy development and establish India as a global green hydrogen hub.
India closed off 2024 with a commendable achievement of 214 GW of installed green energy capacity, as reported by the Ministry of New and Renewable Energy. The country is on a promising trajectory to meet its target of attaining 500 GW energy capacity from non-fossil sources by 2030. Minister Pralhad Joshi highlighted the transformative leadership of PM Narendra Modi in propelling India's renewable energy journey, emphasizing the nation's dedication to this ambitious goal. Significant milestones were reached in the solar and wind energy sectors, with India's solar energy capacity hitting 94.17 GW and wind energy capacity standing at 47.96 GW. Initiatives like 'PM Surya Ghar: Muft Bijli Yojana' and PM KUSUM scheme have played pivotal roles in accelerating solar installations and supporting farmers with solar pumps and decentralized plants. Additionally, the government's focus on green hydrogen through the National Green Hydrogen Mission, allocated Rs 19,744 crore, showcases India's commitment to becoming a global hub for green hydrogen production and export. States like Gujarat, Maharashtra, Kerala, and Uttar Pradesh have shown remarkable progress in renewable energy infrastructure, reflecting robust collaboration and development. With a growing pipeline of solar projects and continuous advancements in wind energy, India's renewable energy landscape is poised for further expansion and growth. The government's financial incentives and guidelines aim to facilitate the transition towards cleaner and sustainable energy sources.
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