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Home»Solar News»With 17.4 GW of solar power in the first nine months of 2024, India sets a new record
Solar News

With 17.4 GW of solar power in the first nine months of 2024, India sets a new record

Battery BusinessBy Battery BusinessNovember 7, 2024No Comments2 Mins Read6 Views
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Between January and September of 2024, India installed roughly 17.4 GW of solar capacity. According to JMK Research, this comprised roughly 13.2 GW of utility-scale PV installations, 3.2 GW of rooftop projects, and 1 GW of distributed offgrid PV capacity.  India set a new annual record for solar capacity additions in the first nine months of 2024. As of September, these installations had increased the country’s total renewable energy capacity to 201.46 GW, with solar accounting for roughly 45% of the total and being the largest contributor among renewable sources.

The country installed about 13.2 GW of new utility-scale solar capacity from January to September 2024, marking a 160.9% increase compared to the same period in 2023. This surge aligns with the government’s plan to bid for 50 GW of renewable capacity each year over the next five years.

Rajasthan led states with 4.96 GW, followed by Gujarat with 3.13 GW, and Tamil Nadu with 1.57 GW.

The country also installed about 3.2 GW of new rooftop solar capacity, a 7.3% increase from the first nine months of 2023, boosted by the PM Surya Ghar: Muft Bijli Yojana program.

Off-grid and distributed solar capacity rose to 1,035 MW in the first nine months of 2024, about 2.5 times higher than installations during the same period last year.

Source : pv-magazine.com

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