India’s Renewable Energy Surge: MNRE Reports Record 209.44 GW Capacity in 2024, Doubling Year-on-Year Growth

Representational image. Credit: Canva

The Union Ministry of New and Renewable Energy (MNRE) has reported a significant surge in India’s renewable energy capacity, marking substantial progress between December 2023 and December 2024. The latest figures highlight the nation’s commitment to its clean energy transition, aligning with the ‘Panchamrit’ goals set by Prime Minister Shri Narendra Modi.

India’s total installed renewable energy capacity has reached 209.44 GW as of December 2024, reflecting a 15.84% growth from 180.80 GW in December 2023. The country added 28.64 GW of renewable capacity in 2024, more than doubling the 13.05 GW added in 2023, recording a 119.46% year-on-year increase.

Solar power led the expansion, with 24.54 GW of new capacity added in 2024, bringing the total installed solar capacity to 97.86 GW, a 33.47% rise from 73.32 GW in 2023. Wind energy also saw steady growth, with 3.42 GW added in 2024, raising total wind capacity to 48.16 GW, a 7.64% increase from the previous year.

Bioenergy capacity grew from 10.84 GW in December 2023 to 11.35 GW in December 2024, marking a 4.70% increase. Small hydro power also recorded a slight uptick, rising from 4.99 GW in 2023 to 5.10 GW in 2024, reflecting a 2.20% increase.

Under the leadership of Union Minister of New and Renewable Energy Shri Pralhad Joshi, MNRE continues to implement key initiatives to drive India toward its ambitious 500 GW renewable energy target by 2030. The latest capacity additions underscore India’s commitment to accelerating clean energy deployment, enhancing energy security, and fulfilling its climate action goals.

 

  • Related Posts

    Philippines Clean Energy Week 2026 Sets New Momentum for the Country’s Energy Transition  

    Philippines Clean Energy Week 2026 marked a grand success on 9 October at Sheraton Manila Bay, bringing the country’s clean-energy community together for a high-impact day of leadership, knowledge exchange…

    Indian Stock Markets Rally 1.54% As Green Energy Stocks Deliver Mixed Performance On October 13

    Indian stock markets ended the trading session on October 13, 2026, with strong gains across benchmark indices, supported by buying activity in green energy, power infrastructure, and industrial stocks. The…

    Have You Seen?

    IMF Warns Middle East War Could Derail Global Economic Growth

    • October 13, 2026
    IMF Warns Middle East War Could Derail Global Economic Growth

    Saudi Arabia Plans Massive Expansion of Oil Pipeline to Bypass Hormuz

    • October 13, 2026
    Saudi Arabia Plans Massive Expansion of Oil Pipeline to Bypass Hormuz

    Saudi Arabia Shoots Down Houthi Missiles as Regional Conflict Escalates

    • October 13, 2026
    Saudi Arabia Shoots Down Houthi Missiles as Regional Conflict Escalates

    Philippines Clean Energy Week 2026 Sets New Momentum for the Country’s Energy Transition  

    • October 13, 2026
    Philippines Clean Energy Week 2026 Sets New Momentum for the Country’s Energy Transition  

    GasBuddy Flags Fragile Calm at the Pump

    • October 13, 2026
    GasBuddy Flags Fragile Calm at the Pump

    Indian Stock Markets Rally 1.54% As Green Energy Stocks Deliver Mixed Performance On October 13

    • October 13, 2026
    Indian Stock Markets Rally 1.54% As Green Energy Stocks Deliver Mixed Performance On October 13

    Sungrow to Introduce Latest SG510HX Grid-Forming Utility-Scale Inverter in India at REI 2026

    • October 13, 2026

    SARCO And Go Energy Sign MoU To Explore Green Hydrogen And Ammonia Facility In Saudi Arabia

    • October 13, 2026
    SARCO And Go Energy Sign MoU To Explore Green Hydrogen And Ammonia Facility In Saudi Arabia

    Japan strengthens LNG security as Middle East conflict disrupts supplies

    • October 13, 2026
    Japan strengthens LNG security as Middle East conflict disrupts supplies

    CK Supply opens first Kansas branch in Topeka

    • October 13, 2026
    CK Supply opens first Kansas branch in Topeka