According to the latest data released by India's Ministry of New and Renewable Energy (MNRE), the cumulative installed capacity of PV systems installed in India so far has exceeded 85 GW. The department said that with the rapid growth of installed capacity of PV systems in June this year, the total cumulative installed capacity of renewable energy in India (excluding large hydroelectric facilities) reached 148 GW.
India's Ministry of New and Renewable Energy (MNRE) released its monthly progress report showing that India added 1,197 MW of PV systems in June 2024 and 237 MW of wind power facilities during the period. The cumulative total installed capacity of photovoltaic systems installed in India so far has reached 85,474 MW, while the cumulative total installed capacity of wind power facilities has reached 46,656 MW.
Cumulatively, the total installed capacity of PV systems and wind facilities installed in India amounted to 131 GW, which is about 88% of the total installed renewable energy capacity in India (excluding large hydroelectric facilities).
India appears to have added installed capacity of PV systems and wind facilities at a faster rate in the first half of 2024 than in 2023, adding about 14 GW of PV systems and wind facilities.
Progress and expectations
India added 12,156 MW of PV systems in the first half of 2024. This is significantly higher than the 6,794 MW of PV systems that India added in the first half of 2023, according to a comparison of annual data from India's Ministry of New and Renewable Energy (MNRE).
In the wind power sector, India added 1,920 MW of wind power facilities in the first half of 2024. While in H1 2023, India added 1,844 MW of wind power facilities.
Rapid growth of installed capacity
If the installed capacity of PV systems and wind power facilities installed in India this year continues to grow at this rate, it could increase by about 30 GW per year.At the same time, India has set a target of 500 GW of non-fossil-fueled power generation facilities (including large hydropower facilities) to be developed by 2030.
Regional disparity
Although the installed renewable energy capacity in India continues to grow, the growth in installed capacity of photovoltaic systems and wind power facilities has been concentrated in the southern and western states of India. In North India, only Rajasthan has seen an increase in the installed capacity of PV systems and wind power facilities.
Gujarat currently leads the pack across India with 28,405.9 MW of installed capacity, and the state's pro-renewable energy policies have led to significant growth in installed capacity of PV systems and wind power facilities. The state's rooftop PV market has also made significant progress, with 3,818 MW of new installed capacity, making the state a leader in the sector.
However, the eastern Indian states of Bihar, Jharkhand and Chhattisgarh still seem to be lagging behind in terms of growth in installed capacity of PV systems and wind power facilities.
Source：https://news.solarbe.com/202407/15/380287.html
