HomeBusiness ›India’s Installed RE Capacity Surges to 213.70 GW, Solar Grows by 30.2 Percent to 94.17 GW

India’s Installed RE Capacity Surges to 213.70 GW, Solar Grows by 30.2 Percent to 94.17 GW

India's non-fossil fuel installed capacity reached 213.70 GW in November 2024, a 14.2 percent increase from 187.05 GW last year, with total capacity including pipeline projects surging 28.5 percent to 472.90 GW. Solar power leads with installed capacity growing 30.2 percent from 72.31 GW in 2023 to 94.17 GW in 2024, according to MNRE data.

December 12, 2024. By Mrinmoy Dey

India’s total non-fossil fuel installed capacity has reached 213.70 GW as of November 2024, marking an impressive 14.2 percent increase from last year’s 187.05 GW, according to the data shared by the Ministry of New and Renewable Energy (MNRE).

The Ministry in a statement further shared that the total non-fossil fuel capacity, which includes both installed and pipeline projects, surged to 472.90 GW, a substantial 28.5 percent increase from the previous year’s 368.15 GW.

During FY 24-25, a total of 14.94 GW of new RE capacity was added till November 2024, nearly doubling the 7.54 GW added during the same period in FY 23-24. In November 2024 alone, 2.3 GW of new capacity was added— marking a fourfold increase from the 566.06 MW added in November 2023.

Solar power continues to lead, with installed capacity rising from 72.31 GW in 2023 to 94.17 GW in 2024, a robust growth of 30.2 percent. Including pipeline projects, total solar capacity surged by 52.7 percent, reaching 261.15 GW in 2024, compared to 171.10 GW in 2023.

Wind power also made notable contributions, with installed capacity rising from 44.56 GW in 2023 to 47.96 GW in 2024, reflecting a growth of 7.6 percent. Total wind capacity, including pipeline projects, increased by 17.4 percent, from 63.41 GW in 2023 to 74.44 GW in 2024.

Bioenergy and hydroelectric projects also made steady contributions to the renewable energy mix. Bioenergy capacity rose from 10.84 GW in 2023 to 11.34 GW in 2024, reflecting a growth of 4.6 percent.

Small hydro projects saw a slight increase, from 4.99 GW in 2023 to 5.08 GW in 2024, with total capacity, including pipeline projects, reaching 5.54 GW. Large hydroelectric projects grew incrementally, with installed capacity rising from 46.88 GW in 2023 to 46.97 GW in 2024, and total capacity, including pipeline projects, increasing to 67.02 GW from 64.85 GW in the previous year.

In nuclear energy, installed nuclear capacity grew from 7.48 GW in 2023 to 8.18 GW in 2024, while the total capacity, including pipeline projects, remained steady at 22.48GW.

“These progresses underscore India’s commitment to achieving its clean energy targets in line with the ‘Panchamrit’ goals set by Prime Minister Narendra Modi,” noted the statement.

“MNRE under Union Minister of New and Renewable Energy Pralhad Joshi has been taking various key initiatives reflecting India’s dedication to fulfilling its climate commitments while strengthening energy security,” it further added.
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