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Home - Solar Industry - India sets a new record with 17.4 GW of solar energy in the first nine months of 2024
Solar Industry

India sets a new record with 17.4 GW of solar energy in the first nine months of 2024

solarenergyBy solarenergyNovember 8, 2024No Comments2 Mins Read
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India installed approximately 17.4 GW of solar capacity from January to September 2024. This included approximately 13.2 GW from utility-scale PV installations, 3.2 GW rooftop projects and 1 GW of distributed off-grid PV capacity.

November 7, 2024
Uma Gupta

Image: Michael Wilson, Unsplash

By pv magazine India

India installed approximately 17.4 GW of solar capacity between January and September 2024. This included approximately 13.2 GW of utility-scale PV installations, 3.2 GW of rooftop projects and 1 GW of distributed off-grid PV capacity, according to JMK Research.

The expansion of solar capacity in the first nine months of 2024 set a new annual record for India. These installations brought the country’s total renewable energy capacity to 201.46 GW as of September, with solar now accounting for around 45% of the total – making it the largest contributor among renewable sources.

The country installed approximately 13.2 GW of new utility-scale solar capacity from January to September 2024, an increase of 160.9% compared to the same period in 2023. This increase is in line with the government’s plan to bid for 50 each year GW of renewable capacity. 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, up 7.3% from the first nine months of 2023, boosted by Prime Minister Surya Ghar’s program: Muft Bijli Yojana.

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

See also  Demand for silver from the PV industry is expected to decline by 19% this year

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