NamasteREinvest2024 in India
The RenewableEnergy milestones and capacity additions 2023 and Forecast 2024
1. Current Renewable Energy Capacity (March 31, 2024):
India’s total renewable energy (RE) capacity stands at 144 GW, including large hydro capacity (about191 MW).
Within this capacity:
Solar power accounts for 82 GW, including:
64 GW of
ground-mounted
12 GW of rooftop
3 GW of hybrid
3 GW of off-grid
2. COP26 Targets (Announced by India):
India aims to achieve the following by2030:
500 GW of non-fossil.
50 percent of it
energy requirements
from renewable energy.
Reduction of One billion ₹tonnes of projected carbon emissions.
Reduction45% reduction in the carbon intensity of the economy (comparedTo2005 levels).
Net zero emissions By2070.
3. Till May2024 Renewable Energy Generation: 61.84 billion units (BU), constituting thatis19.19% of the total generation mix.
India’s commitment to renewable energy and climate action is commendable. Achieving these targets will contribute significantly to a cleaner and more sustainable future!
Originally published on LinkedIn on 2024-08-28 15:13:34: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A7234578867011653633
