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Daily News Wrap-Up: India’s Solar Share in Installed Power Capacity Up 20%

MNRE unveils a new program to promote green hydrogen production

November 12, 2024

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India’s installed power capacity was 450.7 GW as of September 2024. Renewable energy accounted for 44.3% of the country’s power capacity mix, with 199.5 GW installed at the end of Q3 2024, according to data from the Central Electricity Authority, Ministry of New and Renewable Energy, and Mercom’s India Solar Project Tracker. In the third quarter of the calendar year 2024, solar energy accounted for 19.6% of the country’s total installed power capacity and 44.3% of the installed renewable capacity. During the same quarter last year, solar energy was 16.5% of the total installed power capacity and 39.4% of renewable energy. The installations in the first half of the year have already surpassed all previous half-yearly and annual installations.

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