India’s renewable energy capacity surges to 213.70 GW
Author: PPD Team Date: December 12, 2024
Author: PPD Team Date: December 12, 2024
India’s total non-fossil fuel installed capacity reached 213.70 GW as of November 2024, a 14.2% increase from the previous year. Including pipeline projects, the total non-fossil fuel capacity surged to 472.90 GW, up 28.5% year-on-year.
From April to November 2024, 14.94 GW of new renewable energy capacity was added, nearly doubling the 7.54 GW added during the same period in FY 2023-24. November 2024 alone saw 2.3 GW of new capacity, a fourfold increase compared to November 2023.
Solar and wind power growth
Solar power led the expansion, with installed capacity rising from 72.31 GW in 2023 to 94.17 GW in 2024, a 30.2% increase. Including pipeline projects, total solar capacity soared by 52.7% to 261.15 GW. Wind power followed, growing from 44.56 GW in 2023 to 47.96 GW in 2024, a 7.6% rise, with total capacity reaching 74.44 GW.
Steady progress in bioenergy, hydro, and nuclear sectors
Bioenergy capacity grew 4.6%, reaching 11.34 GW, while small hydro projects saw a modest increase to 5.08 GW. Large hydro projects rose marginally to 46.97 GW, with pipeline capacity at 67.02 GW. Nuclear power capacity expanded from 7.48 GW in 2023 to 8.18 GW in 2024.
Author: PPD Team Date: October 24, 2024 GreenLine Mobility Solutions Ltd, a key entity in Essar’s green mobility initiative, plans to expand its fleet by adding 1,000 Liquefied Natural Gas (LNG)-powered trucks by March 2025. This move aligns with India’s strategy to decarbonise the logistics sector and reduce emissions in its journey towards net zero by 2070. GreenLine’s CEO, Anand Mimani, emphasized the company’s commitment to sustainable logistics, aiming to meet the rising demand for…
Author: PPD Team Date: December 11, 2025 Sterling and Wilson Renewable Energy Limited has formed a new step-down subsidiary in Romania as part of its international project development strategy. The company said its Dubai-based subsidiary, Sterling and Wilson International Solar FZCO, incorporated Sterling and Wilson Renewable Energy S.R.L on 08 December 2025. The company stated that the Romanian subsidiary will focus on the construction of utility projects for electricity. It has an authorised and subscribed…
Author: PPD Team Date: October 15, 2024 The UK government has secured over £24 billion ($31.39 billion) in private investments for innovative energy projects ahead of the International Investment Summit on 14 October 2024. These investments are expected to create thousands of jobs and drive growth in the UK’s clean energy sector, spanning from Yorkshire to Suffolk, Aberdeen, and Stow. Key companies involved include Iberdrola, Ørsted, SeAh Wind, Macquarie, BW Group, and Holtec, with substantial…
Author: PPD Team Date: November 13, 2024 Kalpataru Projects International Limited (KPIL) has announced new orders totalling Rs 22.73 billion across domestic and international markets. The orders, awarded to KPIL along with its joint ventures and subsidiaries, cover Transmission & Distribution (T&D) projects globally and residential building projects within India. According to MD & CEO Manish Mohnot, these new contracts strengthen KPIL’s standing in the T&D sector, with year-to-date order inflows amounting to approximately Rs…
Author: PPD Team Date: October 24, 2024 PFC Consulting Ltd (PFCCL) has formed a wholly-owned subsidiary named “Gadag II and Koppal II Transmission Ltd” on October 21, 2024, as a special purpose vehicle (SPV) for an interstate transmission system (ISTS) scheme in Karnataka. The project, titled “System strengthening at Koppal-II and Gadag-II for integration of RE generation projects,” is aimed at enhancing capacity at the Koppal-II and Gadag-II pooling stations to support growing renewable energy…
Author: PPD Team Date: January 20, 2025 Vikram Solar has received a 1,000 MW order to supply solar photovoltaic modules for renewable energy projects in Karnataka, Gujarat, and Rajasthan under JSW Neo Energy Limited’s renewable energy initiative. The order includes Hypersol N-Type TOPCon Glass-to-Glass Modules with power outputs of 580 Wp or higher, designed for high efficiency and large-scale solar installations. Manufacturing will take place at Vikram Solar’s facilities in Falta, West Bengal, and Oragadam,…