According to JMK Research & Analytics, in H12024, India added 12,156 MW of solar capacity, a 78.9% increase from H12023, and 1,920 MW of wind capacity. This brought the total renewable energy (RE) capacity to 195 GW by June 2024, with solar energy contributing 44%. Utility-scale solar saw 9.6 GW added, driven by the ALMM exemption and lower module prices, with Rajasthan, Gujarat, and Tamil Nadu leading in capacity. Rooftop solar added 1.8 GW, a 19.6% decrease, but the PM Surya Ghar: Muft Bijli Yojana expected to add 2 GW more in H22024. Off-grid solar grew with 688 MW added, a 2.3-fold increase.
India’s RE capacity hits 192 GW with 12.2 GW solar added in H12024
India’s renewable energy capacity reached 195 GW in H1 2024, with solar installations increasing by 78.9%. (Photo Source: CEA, MNRE, JMK Research)
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