Data from the Central Electricity Authority reveals that renewable power now accounts for 43% of India’s total installed power capacity, up from 31% in 2014-15.
The country’s total renewable energy capacity has reached 180 GW in 2023, up from 75.5 GW in 2014.
Furthermore, the government has set a target to triple its renewable energy share to 500 GW by 2030, with plans to add 50 GW of renewable energy capacity each year.
The government agencies are actively tendering contracts for solar, wind, and hydro capacity to achieve this target. However, experts believe that meeting this target may be challenging due to the increasing demand for power and the intermittency of renewables-based generation.
As a result, India has decided to continue using fossil fuels to meet its rising power demand. The country aims to increase its non-fossil based capacity to 57.4% by 2026-27 and 68.4% by the end of 2031-32.
For more information visit at https://happenrecently.com/zepto/?amp=1
