New Delhi: India has crossed a significant milestone in its renewable energy journey, with its total installed capacity surpassing 200 gigawatts (GW) in September 2024. This achievement marks a 14 percent increase in capacity compared to the previous year, showcasing the country’s rapid progress in transforming its energy landscape.
This milestone is part of India’s broader commitment to achieving 500 GW of non-fossil fuel energy capacity, as outlined in the Panchamrit goals set by Prime Minister Narendra Modi. The government’s continued focus on renewable energy is propelling the nation towards a cleaner, more sustainable energy future.
In February 2024, the government launched the PM Surya Ghar: Muft Bijli Yojana, a groundbreaking initiative aimed at installing rooftop solar panels in one crore (10 million) households across the country. This initiative is expected to play a pivotal role in meeting India’s renewable energy targets. Meanwhile, India’s cumulative installed solar energy capacity has already reached over 94 GW.
Further cementing India’s position in the global renewable energy arena, the National Green Hydrogen Mission was launched with an investment of 600 crore rupees. This mission is expected to reduce fossil fuel imports by one lakh crore rupees and cut carbon emissions by 5 million metric tonnes by 2030. Additionally, it aims to position India as a global hub for green hydrogen production and export, generating over 6 lakh jobs and attracting investments worth 8 lakh crore rupees by 2030.
These initiatives reflect India’s unwavering commitment to sustainable development and energy transformation, aligning with its long-term goals for a greener future.
