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.
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Exciting news in the renewable energy sector! India has reached a significant milestone, achieving a renewable energy capacity of 200 GW, which now accounts for an impressive 46.3% of the nation's total power generation. This achievement reflects India's commitment to sustainable energy and its advancements in clean technology. To learn more about this pivotal development and its implications for the future of energy in India, read the full article here: https://ift.tt/EDv9p6L.
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India's Renewable Energy Capacity Hits New Milestone.Renewable energy now constitutes more than 46.3% of total capacity India has reached a significant milestone in its renewable energy journey, with the country's total renewable energy capacity crossing the 200 GW (gigawatt).This remarkable growth aligns with the country's ambitious renewable energy target of achieving 500 GW from non-fossil sources by 2030.
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India logged a record high renewable energy capacity addition of about 30 GW in 2024, more than 113% higher than 13.75 GW recorded in 2023, according to the Ministry of New and Renewable Energy (MNRE) data. #Renewable #energy #India #update
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India added added 28.64 GW of renewable energy capacity during 2024, a 119.46% rise compared to the 13.05 GW added in the previous year. Read more at: https://lnkd.in/gcYVjnjZ
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India logged a record high renewable energy capacity addition of about 30 GW in 2024, more than 113 percent higher than 13.75 GW recorded in 2023 Ministry of New and Renewable Energy (MNRE) https://lnkd.in/g5Z8Zc43
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India's installed renewable energy capacity has surged to 203.1 GW, registering a 165% increase since 2014. It is a huge jump for India as it now becomes the fourth nation in total renewable energy installed capacity. Renewable energy is the theme for decades to come.
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#GlobalLeader #India is making remarkable strides in the global energy market, especially in the renewable energy sector. With a total renewable energy capacity exceeding 200 GW, India #standsout as a key player in renewable energy #investments and #installations #worldwide. #India@2025 🌿🌍 #RenewableEnergy
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In India, while renewable energy sources make up 33% of the total power generation capacity, they currently contribute only 22% of the energy produced. To maximize the potential of renewable energy, significant investments in energy storage are needed. Sodium-ion batteries could be a game-changer, offering affordable and locally manufactured storage solutions for both grid-scale and behind-the-meter applications. This advancement has the potential to boost the efficiency of renewable energy use and strengthen energy security.
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India's renewable energy sector is expanding rapidly with advanced capacity, de-risking strategies, and innovative models to address the rising power demand, projected to reach 458GW by 2032. Despite challenges like the backlog of 55GW in unsigned PPAs and slow transmission expansion, policy improvements and market conditions are enhancing investment viability. Sharing an oped co-authored with Tanya Rana. Link in comments
De-Risking Can Boost Investment in India’s Renewable Energy Sector
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Energy Storage Systems are pivotal in achieving India’s ambitious #renewableenergy target. With the goal of reaching 50% cumulative installed capacity from non-fossil fuel by 2030, ESS addresses the challenges associated with the integration of variable renewable energy sources like #solar and #wind. CII in partnership with 6Wresearch today launched a comprehensive analysis on India’s Outlook on Clean Energy Storage” A Roadmap to Net Zero. Get your copy here https://lnkd.in/gt33KhSZ
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