Renewable Energy Capacity: The Ministry of New and Renewable Energy in a report has said India added about 30 GW (Gigawatt) of new clean energy capacity last year. This is data for the year 2024 says the ministry. Additionally, the report says the growth is 113 per cent higher. This is compared to 13.75 GW that has been added in the year 2023.

The government says that with this expansion, India’s total renewable energy capacity has reached 218 GW. This is a major milestone in India’s aim of reaching net zero carbon emissions.

The wind sector saw a new capacity addition of 3.4 GW in 2024, 21 per cent higher than in 2023.
Additionally, 98 per cent of the installed wind energy capacity in 2024 was from three states Gujarat (1,250 MW), Karnataka (1,135 MW) and Tamil Nadu.

Renewable Energy-Targets

Additionally, India has set a target of developing 500 GW of new energy capacity by 2030 says the government. However, to achieve this target the country will have to install at least 50 GW of new sustainable energy capacity every year in the next six years. To achieve this ambitious target the country needs to install and invest heavily in clean energy capacity.

Renewable Energy- Official Stance

Moreover in a post on the social media platform ‘X’, New and Renewable Energy Minister Pralhad Joshi said. “Exponential growth from 13.75 GW in 2023 to around 30 GW in 2024, resulting in achieving nearly 218 GW now underscores India’s growing commitment to clean energy and its progress in building a greener future.”

Powering Sustainable Future

The need for clean energy has never been more critical as the world grapples with climate change, depleting fossil fuel reserves, and escalating energy demands. New energy sources like solar, wind, and hydropower offer a sustainable alternative, reducing greenhouse gas emissions and fostering energy independence. Moreover, sustainable energy drives economic growth, creating green jobs and fostering innovation. Embracing clean energy is not just an environmental imperative but a cornerstone for building a resilient, sustainable future.

ALSO READ: Laxmi Dental IPO: Issue Opens Today; Should You Subscribe? – Details Inside