GS III-Energy
The Global Electricity Review 2025 by Ember reveals that India surpassed Germany in 2024, becoming the world’s third-largest producer of electricity from wind and solar sources.
Global Renewable Energy Trends (2024)
- Unprecedented Growth: Global renewable electricity generation rose by 858 TWh in 2024, a 49% increase over the previous record in 2022.
- Solar Leads for the Third Year: Solar power remained the leading contributor among new sources of electricity, marking its fastest expansion in two decades.
- Doubling of Solar’s Share: Solar energy accounted for 6.9% of global electricity, having doubled its share over the last three years.
- Low-Carbon Electricity Milestone: Renewables and nuclear together generated 40.9% of the world’s electricity, the highest level since the 1940s.
- Wind and Solar Combined: These two sources contributed 15% to global electricity generation.
India’s Clean Energy Performance
- Clean Energy Contribution: In 2024, 22% of India’s electricity came from non-fossil fuel sources — with 8% from hydropower and 10% from wind and solar combined.
- Surge in Solar Power:
- Solar alone provided 7% of the nation’s electricity, doubling its share since 2021.
- India installed 24 GW of solar capacity in 2024 — more than twice the addition in 2023.
- Global Rankings:
- India became the third-largest solar power market, following China and the United States.
- It ranked fourth globally in terms of growth in solar generation, contributing an additional 20 TWh in 2024.
India’s Renewable Energy Commitments
- 50% Non-Fossil Capacity by 2030: As per India’s updated Nationally Determined Contributions (NDCs) to the UNFCCC (2022).
- 500 GW Non-Fossil Fuel Capacity Target by 2030: Though not part of official NDCs, this target announced in 2021 guides national planning and has been incorporated into energy blueprints like the 14th National Electricity Plan.
Key Challenges
- Financing Deficit: Achieving the 500 GW target by 2030 demands a 20% annual increase in clean energy funding. Without this, India may miss its long-term goals.
- Mismatch Between Demand and Green Supply: The pace of electricity demand growth must be matched by clean energy deployment to ensure sustainable development.
Significance of India’s Solar Growth
- Pillar of Energy Transition: Solar energy, especially when paired with battery storage, is crucial to decarbonising India’s power sector.
- Regional & Strategic Implications: Expansion of clean power bolsters energy security, promotes resilience, and positions India as a clean energy leader among emerging economies.
- Economic Catalyst: The UN Climate Chief hailed India as a “solar superpower“, linking the solar boom to job creation, industrial growth, and broader economic development.