India added 24.5 GW of photovoltaic (PV) capacity and 3.4 GW of wind power in 2024

India added 24.5 GW of photovoltaic (PV) capacity and 3.4 GW of wind power in 2024, doubling solar installations and increasing wind capacity by 21% from 2023, according to JMK Research & Analytics. These additions brought India’s total renewable energy capacity to 209.44 GW, of which solar PV accounts for 47% of the total.

India added about 24.5 GW of new solar and 3.4 GW of new wind capacity in the twelve months ending Dec. 2024. This represents a more than twofold rise in solar installations and a nearly 1.21 times increase in wind installations compared to 2023. The total solar capacity addition in 2024 is the highest recorded capacity in any previous year, according to a new report by JMK Research & Analytics,

With these additions, India’s total installed renewable energy (RE) capacity reached 209.44 GW as of Dec. 2024. Solar energy is the biggest contributor with around 47% share of the total RE segment (comprising solar, wind. hydro (large and small) and bio power).

The 24.5 GW solar addition in 2024 includes about 18.5 GW from utility-scale PV, 4.59 GW rooftop and about 1.48 GW off-grid installations.

Utility-scale solar installations (18.5 GW) were up 2.8 times compared to the installations in 2023. Rooftop solar installations (4.59 GW) were up 53% year-on-year. “This growth can be attributed to the launch of the PM Surya Ghar: Muft Bijli Yojana. Notably, within just 10 months of the scheme’s launch, there have been 7 lakh rooftop solar installations across the country,” stated JMK Report. Off-grid/distributed solar installations (about 1.48 GW) were about 197% higher than the installations in the same period last year.

Uma Gupta

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