India's renewable energy capacity reaches 168.96 GW till Feb 2023: Minister R K Singh (2024)

FAQs

What is the renewable capacity of India in 2023? ›

New Delhi: India has added a record renewable energy capacity of 18.48 GW in 2023-24, which is over 21 per cent higher than 15.27 GW a year ago, according to the latest data of the Ministry of New & Renewable Energy.

The hydropower capacity in the south Asian country of India was 52,117 megawatts in 2023, an increase compared to the capacity of the previous year wherein the value was 52,005 megawatts.

India's renewable energy potential is primarily held by four states, with Rajasthan having the highest share at 20.3%. The country has only used 8% of its total potential in FY23, with a quarter of small hydro and biomass energy in place.

Rajasthan — 17.8 GW

Rajasthan has the highest solar power generation potential of any state in the country. The state recently surpassed Karnataka as the leading state in solar installations. As of August 2023 Rajasthan's operational solar power projects produced roughly 17.8 GW of solar energy.

India's renewable energy capacity reaches 188 GW, aims for 50% non-fossil fuel power by 2030: President Murmu, ET EnergyWorld.

India is the world's 4th largest consumer of electricity and the world's 3rd largest renewable energy producer with 40% of energy capacity installed in the year 2022 (160 GW of 400 GW) coming from renewable sources.

In 2023, China's total installed electric generation capacity was 2.92 TW, of which 1.26 TW renewable, including 376 GW from wind power and 425 GW from solar power. The rest was mostly coal capacity, with 1040 GW in 2019. Nuclear also plays an increasing role in the national electricity sector.

Gujarat is the Highest Hydroelectricity Producing State in India 2022. As per the data of 31st July 2022, Gujarat has the highest power generating capacity of 43.6 GW, followed by Maharashtra (42.3 GW) and Tamil Nadu (36.3 GW).

Thermal power is the "largest" source of power in India. There are different types of thermal power plants based on the fuel used to generate the steam such as coal, gas, and Diesel, natural gas. About 71% of electricity consumed in India is generated by thermal power plants.

Which state consumes the most electricity in India? ›

West Bengal is the top region by peak electricity demand in India. As of March 2024, peak electricity demand in West Bengal was 70,528 megawatts that accounts for 23.70% of India's peak electricity demand. The top 5 regions (others are Maharashtra, Gujarat, Uttar Pradesh, and Tamil Nadu) account for 54.24% of it.

Adani being the largest renewable power producer in India, with its strong execution ability and superior track record, is in an extremely sweet spot. This has made Adani the largest solar power producer in India as well as one of the lowest cost renewable power producers in the world.

Here's a more practical measurement, though: One gigawatt is enough energy to power about 750,000 homes.

Sanchi, the historic home of the Stupa, has become India's first 'solar city'. The project aims to reduce carbon dioxide emissions by 14,324 tonnes annually and currently includes a 3 MW solar plant that caters to the city's energy needs.

Rajasthan: 17.8 GW

Thanks to its strategic location Rajasthan is now the state with highest solar capacity in India. As of 2023, it has a total generating capacity of 17.8 GW of solar power. The government is trying to expand this capacity by installing 30,000 MW of energy by 2025.

In 2023, the U.S. electric power sector produced 4,017 billion kilowatthours (kWh) of electric power. Renewable sources—wind, solar, hydro, biomass, and geothermal—accounted for 22% of generation, or 874 billion kWh, last year.

India's mixed approach led its energy subsidies to increase to INR 3.2 lakh crore (USD 39.3 billion) in FY 2023—the highest amount in 9 years. Both clean energy and fossil fuel subsidies grew by around 40% from FY 2022. Fossil fuels subsidies remained five times the subsidies for clean energy in FY 2023.

Led by solar PV, renewable power growth is surging – driven by the global energy crisis and policy momentum. Global renewable capacity additions are set to soar by 107 gigawatts (GW), the largest absolute increase ever, to more than 440 GW in 2023.

Renewable electricity capacity additions reached an estimated 507 GW in 2023, almost 50% higher than in 2022, with continuous policy support in more than 130 countries spurring a significant change in the global growth trend.