In May 2024, India reached a major milestone in its renewable energy sector. With that solar power is the leading source of energy contributing 52.02% to the total renewable energy output. These achievements show India’s determination towards sustainable energy and an important step towards a cleaner future. The country’s total renewable energy capacity is 146.55 GW excluding hydropower.
Solar Energy is leading the clean energy race in India with an installation capacity of 84.277 GW. The government’s initiatives and policies are also a great advantage in boosting the nation’s renewable energy. Wind energy contributes 39.19% to generating India’s renewable energy, producing a total of 8,119 billion units.
Biomass, bagasse, and small hydroelectric projects contributed 8.78% in May 2024. Total renewable generation excluding hydropower has reached 20,713.42 million units.
The targets attained by solar and wind power in May 2024 show the efforts of the nation’s awareness regarding renewable energy. The government policy framework has incentivized investments, making clean energy more affordable and enhancing access to clean energy. Technology has also advanced and developed the conventional sources used to generate power.
India’s renewable energy sector is all set for growth and innovation keeping an ultimate target of 500 GW of renewable energy capacity by 2030. However, to maintain this growth, countries need to pay attention to some challenges which include grid integration and financing need solutions. Collaborations between governments, industries, academia, and civil society play a vital role in India’s renewable potential.
The current dominance of solar and wind power is marking a sustainable future for India. These transitions expand renewable energy capacity, specifically solar, continues to expand, and can make leaders in this industry.
