
Summary:
India added a record 30 GW of renewable energy capacity in 2024, a 113% increase from 13.75 GW in 2023. This growth supports India’s goal of achieving 500 GW of renewable energy by 2030. To meet this target, the country needs to add 50 GW annually. The total capacity now stands at 218 GW, showcasing India’s dedication to clean energy and sustainability.
Since 2014, India has significantly increased its renewable energy capacity, with 18.48 GW added in FY24, the highest so far. The government aims to add 50 GW annually to reach its 2030 target of 500 GW. This progress highlights India’s commitment to a greener future, making it a global leader in renewable energy and sustainable development.
Source: IBEF
Disclaimer: The information on this website comes from the India Brand Equity Foundation (IBEF), a reliable source for thorough insights into numerous areas of the Indian economy. While we aim to offer accurate and up-to-date information, the views, opinions, and analyses stated herein are solely those of the authors and contributors and do not necessarily represent IBEF’s official stance or position. Readers should check information from credible sources and use their own discretion when relying on content provided on this site. We assume no responsibility or liability for the supplied content, including its accuracy, completeness, and usefulness