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India’s Solar Power Surge: A 106% Growth Boom in 2024!

December 11, 2024
in Green Technology
Home Green Technology

Our mission is to provide unbiased product reviews and timely reporting of technological advancements. Covering all latest reviews and advances in the technology industry, our editorial team strives to make every click count. We aim to provide fair and unbiased information about the latest technological advances.
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India’s Impressive ⁣Growth in Solar⁢ and Wind Energy for 2024

Subscribe to our daily​ newsletter from CleanTechnica for the latest updates​ in⁤ renewable energy or follow us on Google ⁢News!

A Surge in Renewable Energy Installations

This year has witnessed an exceptional rise in India’s renewable energy sector, particularly in solar and wind power. ⁤Recent data reveals ​that the ‌installation of​ solar power capacity doubled, showing a remarkable increase of 106% during the initial three quarters of 2024 compared ⁤to the same period last year. Additionally, wind energy installations saw a growth of 15%.

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Specifically, India added‍ an impressive total of 17,444 megawatts⁤ (MW) or approximately 17.44 gigawatts (GW) of new⁣ solar capacity and contributed another 2,627 MW to its​ wind power​ infrastructure—marking an ⁣unprecedented achievement for solar installations over‌ any nine-month timeframe.

As ​of September this year, India’s cumulative renewable energy capacity reached a staggering total of 201.46 gigawatts (GW), with ​solar accounting for about 45% of this figure.

Distribution Among Solar and Wind Power Sources

The breakdown for new additions ‍over the first nine months is categorized as follows:

  • Utility-scale Solar: ‌A staggering addition ⁤of 13.2 GW, indicating a striking 160.9% increase compared to January–September 2023.
  • Sustainable ⁢Policy⁣ Initiatives: This robust rise can be linked directly to⁢ government efforts promoting bids for 50 GW worth of renewable capacity each year over⁣ the next five years—a move ⁤that enhances market stability across both public enterprises and private sectors as reported by JMK Research.‍ For instance, Rajasthan emerged at the forefront ‌with 4.96 GW, while Gujarat added 3.13 GW and Tamil Nadu contributed 1.57 GW.
  • Rooftop Solar Installations: Accounts for 3.2 ‍GW, which marks a⁢ minor uptick at 7.3% higher than last year’s figures due largely to schemes such as PM Surya Ghar: ‌Muft Bijli Yojana aimed at increasing rooftops setting throughout commercial​ buildings and government facilities.
  • Pioneering Off-grid Solutions: Saw substantial growth with contributions totaling 1.035 GW, representing⁤ a notable increase more than‍ two-fold since early last⁤ year.
  • Total Wind Capacity Added: Reached‍ around 2.

    6 GW,‌ reflecting an advancement⁤ greater than previous expectations by about 14½%. Major contributors included Gujarat (985 MW),‍ Karnataka (968 MW) ,and Tamil Nadu (613 MW) which collectively account ⁢for nearly ​all ⁢newly established wind power capacities ‍during this time frame.

Paving The Way Forward

The significant progress made ⁤therefore exemplifies not just advancements towards ⁣cleaner⁤ energy but also reflects well-planned governmental​ initiatives ⁤designed actively drive forward ‌India’s sustainable development goals⁤ through enhanced​ innovation⁤ within ‍its burgeoning renewables sector⁤ going ahead into future ⁢project phases!

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Tags: 2024 Growthclean energyCleanTechnicaclimate changeEnergy Sectorgreen technologygrowingIndiaInstallationspowerRenewable EnergysolarSolar Energysolar powerSustainable Development

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