“Renewable energy sector is experiencing significant growth”
- ndia's renewable energy sector is experiencing significant growth, driven by both government initiatives and private sector investments. In 2024, the country added a record 28.64 GW of renewable energy capacity, marking a 119% increase from the previous year . Solar power led this expansion, contributing 24.54 GW, while wind energy added 3.42 GW . This surge aligns with India's ambitious target of achieving 500 GW of renewable energy capacity by 2030 . The growth is supported by policies like the PM Surya Ghar Yojana, which facilitated 700,000 rooftop solar installations in just 10 months .
- However, challenges remain, including infrastructure limitations and the need for increased energy storage solutions.
- For instance, In January 2025, India's renewable energy capacity reached 217.62 GW, with solar energy accounting for 47% of the total . This milestone underscores the country's commitment to a sustainable energy future.
