Azadi ka Amrit Mahotsav: India has 4th largest installed capacity of renewable energy globally

NEW DELHI: The renewable energy space in India has grown multifold. India ranks 3rd in renewable energy country attractive index in 2021 and 3rd largest energy consuming country in the world, according to Invest India website.


In the last six years, India witnessed the fastest rate of growth in renewable capacity addition among all large economies in last 6 years.

The renewable energy sector was not this progressive at the time of independence. As the chart below shows, power generation from renewable sources was 0 in 1947.


Electricity generation from renewable sources was over 1.3 lakh GWh in 2020.

In addition, over 40% of India's installed electricity capacity in 2021 came from non-fossil energy sources.

The installed solar energy capacity has increased by 19.3 times in the last 8 years, and stood at 56.6 GW as of June 1, 2022.

India's renewable space assumes significance as the government has set targets to reduce India’s total projected carbon emission by 1 billion tonnes by 2030.

The Centre also plans to reduce the carbon intensity of the nation by less than 45% by the end of the decade, achieve net-zero carbon emissions by 2070 and expand India’s renewable energy installed capacity to 500 GW by 2030.