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50% of India's energy is from non-fossil fuel sources, five years ahead of target: Centre
50% of India's energy is from non-fossil fuel sources, five years ahead of target: Centre

Scroll.in

time7 days ago

  • Business
  • Scroll.in

50% of India's energy is from non-fossil fuel sources, five years ahead of target: Centre

ia has achieved 50% of its installed power capacity from non-fossil fuel sources, five years ahead of target set in the Nationally Determined Contributions, the government of India announced on July 14. As of June 30, India's total installed electricity capacity was 484.82 gigawatts, comprising 242.04 GW (49.9%) from thermal energy sources and 242.78 GW (50.1%) from non-fossil sources, including renewables, large hydro and nuclear power. At the COP26 climate conference in 2021, India had announced its goal of achieving 50% of its cumulative electricity capacity from non-fossil fuel resources by 2030, under its Nationally Determined Contributions targets. Other goals include installing 500 gigawatts of non-fossil electricity capacity, reducing projected carbon emissions by one billion tonnes, and reducing the emissions intensity of its gross domestic product by 45%, also by 2030. In response to the announcement of achieving 50% capacity through non-fossil fuel sources, Prime Minister Narendra Modi wrote on the social media platform X (formerly Twitter), 'This illustrates India's commitment and efforts towards building a green and sustainable future.' The press release announcing the achievement lists government schemes that have played a role in achieving the 50% goal. 'This achievement reflects the success of visionary policy design, bold implementation, and the country's deep commitment to equity and climate responsibility. Flagship programmes such as PM-KUSUM, PM Surya Ghar: Muft Bijli Yojana, solar park development, and the National Wind-Solar Hybrid Policy have laid a strong foundation for this transformation,' it said. The press release noted that these initiatives have not only helped in decarbonising energy sector but have also delivered widespread co-benefits which include enhanced energy access, employment generation, reduced air pollution and better public health outcomes. It also underlined India's low per capita energy consumption and its relatively limited contribution to global emissions. 'Despite having one of the lowest per capita emissions globally, India remains among the few G20 countries that are on track to meet – or even exceed – their NDC commitments,' the release said. 'The next phase of India's energy transition must prioritise quality, equity, and resilience in clean energy access. Key focus areas include doubling per capita clean electricity consumption,' according to the press release. India is supposed to submit its new and more ambitious Nationally Determined Contributions in 2025.

India's energy milestone: Half of power capacity now from non-fossil sources; clean energy capacity driven by developers
India's energy milestone: Half of power capacity now from non-fossil sources; clean energy capacity driven by developers

Time of India

time18-07-2025

  • Business
  • Time of India

India's energy milestone: Half of power capacity now from non-fossil sources; clean energy capacity driven by developers

India has reached a major climate milestone by achieving 50 % of its installed power generation capacity from non-fossil fuel sources, five years ahead of its 2030 target under the Paris Agreement, signed in December 2015. As per official sources cited by PTI, non-fossil fuel sources now make up half of India's total power generation capacity of 484.8 gigawatts (GW). This includes 234 GW from clean energy, such as solar, wind and large hydropower projects, and 8.7 GW from nuclear energy. In comparison, the country's thermal power capacity stands at 242 GW. Officials said the early achievement reflects India's strong climate commitment and the effective coordination between policy direction and private sector execution. While India continues to have one of the world's lowest per capita emissions, its rapidly expanding population and rising energy consumption make timely climate action essential. Peak power demand is expected to surge from 250 GW in FY2024–25 to 388 GW by FY2032, driven by fast-paced urbanisation and digital growth. The rapid expansion of renewables is credited to two main factors: sustained policy support and swift implementation by independent power producers (IPPs). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Is it legal? How to get Internet without paying a subscription? Techno Mag Learn More Undo Since 2014, India's solar capacity has grown from just 2.82 GW to 116 GW by June 2025, an extraordinary 41-fold jump. Wind capacity too has seen a strong rise, more than doubling from 21 GW to 51.6 GW in the same period. Government schemes such as the Production-Linked Incentive (PLI), the National Wind-Solar Hybrid Policy, and updates to the Approved List of Models and Manufacturers (ALMM) have boosted domestic manufacturing, eased capital inflow, and simplified project execution, officials said. Leading the private sector charge is Adani Green Energy Ltd (AGEL), India's largest renewable energy firm by operational capacity. AGEL currently accounts for 8.66 % of India's total renewable energy base of 184.62 GW, with a commissioned capacity of over 15,815.5 MW. In FY25 alone, AGEL added 3.3 GW of solar, wind, and hybrid capacity—the highest by any company in India that year. The company has set its sights on building 50 GW of renewable capacity by 2030. Central to this vision is its massive 30 GW Khavda project in Gujarat, spread over 538 square kilometres, five times the size of Paris. As of mid-2025, 5.5 GW is already operational, with full commissioning targeted for 2029. AGEL has prioritised Energy Storage Systems (ESS), including both Hydro Pumped Storage Projects (PSPs) and Battery Energy Storage Systems (BESS), in its growth strategy. One key project is a 500 MW PSP at Chitravathi in Andhra Pradesh, expected to deliver more than 1 terawatt hour (TWh) annually by 2027. The company has also signed a Power Purchase Agreement (PPA) with Uttar Pradesh Power Corporation Ltd to develop a 1,250 MW PSP. In total, AGEL is working with five states to push its PSP capacity beyond 5 GW by 2030. On the battery front, AGEL is preparing for large-scale deployment, with falling battery costs and increased variability in renewable output making storage integration vital for grid reliability. According to a 2025 report by Blackridge Research, AGEL leads India's renewable energy space, followed by ReNew Power, Greenko Power, and Tata Power. ReNew Power, the second-largest player, plans to add over 10 GW in the next five years and is expanding its decarbonisation and distributed solar services. Greenko, too, is working towards scaling its portfolio to 50 GW. The International Energy Agency (IEA) predicts India's energy demand will grow 1.5 times faster than the global average over the next three decades. Between FY25 and FY30 alone, commercial, residential, and industrial energy demand is expected to increase by up to 35 %. India's goal of installing 500 GW of non-fossil capacity by 2030 now appears well within reach. With the halfway mark already crossed, attention will shift to expanding energy storage, upgrading grid infrastructure, and adopting AI-driven load management. AGEL's proven ability to deliver large-scale projects, attract global investment, and innovate in hybrid and storage systems will be critical. Backed by stable policy and growing interest in green infrastructure, the company is poised to lead the next phase of India's energy transition. Officials said India's early achievement of its 50 % clean energy target is a testament to visionary policy and entrepreneurial spirit. As private players like AGEL and ReNew continue to scale investments in technology and infrastructure, India is not just on track to meet its Paris commitments but may well exceed them. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

India's early surge to 50% clean energy capacity driven by developers
India's early surge to 50% clean energy capacity driven by developers

Time of India

time18-07-2025

  • Business
  • Time of India

India's early surge to 50% clean energy capacity driven by developers

India has achieved a significant climate milestone, with 50 per cent of its installed power generation capacity now coming from non-fossil fuel sources - five years ahead of its 2030 target under the Paris Agreement signed in December 2015. Non-fossil fuel sources now account for half of India's total power generation capacity of 484.8 gigawatts (GW), a milestone reached five years ahead of schedule, according to official sources. India's clean energy capacity, including large hydropower projects, stands at 234 GW, while nuclear energy contributes an additional 8.7 GW. Combined, they make up slightly more than 50 per cent of the country's total installed power generation capacity of 484.8 GW. In comparison, thermal power capacity accounts for 242 GW. This milestone underscores India's impressive ability to combine strong policy direction with effective private sector execution, officials said. Although India has one of the world's lowest per capita emissions, its rapidly growing population and rising energy demand make climate action crucial. Peak power demand is projected to rise sharply - from 250 GW in FY2024-25 to 388 GW by FY2032 - driven by accelerating urbanisation and digital transformation. Sources attribute the rapid growth in renewable capacity to two key drivers: strong government policy support and the swift deployment of projects by independent power producers (IPPs). Since 2014, India's solar power capacity has risen from a modest 2.82 GW to 116 GW in June 2025 - a staggering 41 times growth, data shows. Wind energy capacity has more than doubled from 21 GW to 51.6 GW during the same period. The government policies such as the Production-Linked Incentive (PLI) scheme, the National Wind-Solar Hybrid Policy, and revisions to the Approved List of Models and Manufacturers (ALMM) have incentivised domestic manufacturing, eased investment and streamlined execution, they said. Adani Green Energy Ltd (AGEL), India's largest renewable energy company by operational capacity, is at the forefront of the country's capacity addition drive. With over 15,815.5 MW of commissioned capacity, AGEL contributes approximately 8.66 per cent to India's total renewable energy base of 184.62 GW. AGEL added 3.3 GW of solar, wind, and hybrid capacity in FY25 alone - the largest annual addition by any player in India. The company's ambition is equally bold - to build 50 GW of renewable capacity by 2030. Key to this is the 30 GW Khavda project in Gujarat, a mega installation spread across 538 square kilometres, five times the size of Paris. As of mid-2025, 5.5 GW is already operational with full capacity expected by 2029. And storage is the next frontier. Recognising that the future of clean energy hinges on reliable storage, AGEL has placed Energy Storage Systems (ESS) at the centre of its strategy. The company is pursuing both Hydro Pumped Storage Projects (PSPs) and Battery Energy Storage Systems (BESS), industry sources said. Its 500 MW PSP at Chitravathi in Andhra Pradesh is expected to generate 1-plus TWh (terawatt hour) annually by 2027. Additionally, AGEL secured a Power Purchase Agreement (PPA) with the Uttar Pradesh Power Corporation Ltd to develop a 1,250 MW PSP. The company is working with five states to push its total PSP capacity beyond 5 GW by 2030. On the BESS front, AGEL is laying the groundwork for large-scale battery deployment. With falling battery prices and rising intermittency in renewable output, storage integration will be critical to ensure grid stability. According to a 2025 Blackridge Research report, AGEL tops the list of India's top renewable energy developers, followed by ReNew Power, Greenko Power, and Tata Power. ReNew Power, the second-largest player, has outlined plans to add over 10 GW in the next five years. The company is also expanding its decarbonisation services portfolio, while deepening its presence in distributed solar and industrial power solutions Greenko aims to expand its portfolio to 50 GW. The International Energy Agency (IEA) projects India's energy demand will grow 1.5 times faster than the global average over the next 30 years. Between FY25 and FY30 alone, energy demand across commercial, residential, and industrial sectors is expected to rise up to 35 per cent. India's target to install 500 GW of non-fossil capacity by 2030 now appears within reach, sources said adding having already crossed the halfway mark in 2025, the focus will shift to scaling storage, upgrading grid infrastructure, and integrating artificial intelligence (AI)-driven load management. AGEL's ability to execute mega-scale projects, attract capital, and innovate with hybrid and storage solutions will be critical. The company is poised to lead the next wave of India's clean energy journey, backed by policy certainty and rising global investor interest in green infrastructure. India's early achievement of its 50 per cent clean energy target is a testament to visionary policy and entrepreneurial drive, they said. As private players like AGEL and ReNew continue to invest in technology, infrastructure, and innovation, India is well positioned not only to meet its Paris Agreement goals but to exceed them, sources added.

Indias early surge to 50% clean energy capacity driven by developers
Indias early surge to 50% clean energy capacity driven by developers

News18

time18-07-2025

  • Business
  • News18

Indias early surge to 50% clean energy capacity driven by developers

New Delhi, Jul 18 (PTI) India has achieved a significant climate milestone, with 50 per cent of its installed power generation capacity now coming from non-fossil fuel sources – five years ahead of its 2030 target under the Paris Agreement signed in December 2015. Non-fossil fuel sources now account for half of India's total power generation capacity of 484.8 gigawatts (GW), a milestone reached five years ahead of schedule, according to official sources. India's clean energy capacity, including large hydropower projects, stands at 234 GW, while nuclear energy contributes an additional 8.7 GW. Combined, they make up slightly more than 50 per cent of the country's total installed power generation capacity of 484.8 GW. In comparison, thermal power capacity accounts for 242 GW. This milestone underscores India's impressive ability to combine strong policy direction with effective private sector execution, officials said. Although India has one of the world's lowest per capita emissions, its rapidly growing population and rising energy demand make climate action crucial. Peak power demand is projected to rise sharply – from 250 GW in FY2024-25 to 388 GW by FY2032 – driven by accelerating urbanisation and digital transformation. Since 2014, India's solar power capacity has risen from a modest 2.82 GW to 116 GW in June 2025 – a staggering 41 times growth, data shows. Wind energy capacity has more than doubled from 21 GW to 51.6 GW during the same period. The government policies such as the Production-Linked Incentive (PLI) scheme, the National Wind-Solar Hybrid Policy, and revisions to the Approved List of Models and Manufacturers (ALMM) have incentivised domestic manufacturing, eased investment and streamlined execution, they said. Adani Green Energy Ltd (AGEL), India's largest renewable energy company by operational capacity, is at the forefront of the country's capacity addition drive. With over 15,815.5 MW of commissioned capacity, AGEL contributes approximately 8.66 per cent to India's total renewable energy base of 184.62 GW. AGEL added 3.3 GW of solar, wind, and hybrid capacity in FY25 alone – the largest annual addition by any player in India. The company's ambition is equally bold – to build 50 GW of renewable capacity by 2030. Key to this is the 30 GW Khavda project in Gujarat, a mega installation spread across 538 square kilometres, five times the size of Paris. As of mid-2025, 5.5 GW is already operational with full capacity expected by 2029. And storage is the next frontier. Recognising that the future of clean energy hinges on reliable storage, AGEL has placed Energy Storage Systems (ESS) at the centre of its strategy. The company is pursuing both Hydro Pumped Storage Projects (PSPs) and Battery Energy Storage Systems (BESS), industry sources said. Its 500 MW PSP at Chitravathi in Andhra Pradesh is expected to generate 1-plus TWh (terawatt hour) annually by 2027. Additionally, AGEL secured a Power Purchase Agreement (PPA) with the Uttar Pradesh Power Corporation Ltd to develop a 1,250 MW PSP. The company is working with five states to push its total PSP capacity beyond 5 GW by 2030. On the BESS front, AGEL is laying the groundwork for large-scale battery deployment. With falling battery prices and rising intermittency in renewable output, storage integration will be critical to ensure grid stability. According to a 2025 Blackridge Research report, AGEL tops the list of India's top renewable energy developers, followed by ReNew Power, Greenko Power, and Tata Power. ReNew Power, the second-largest player, has outlined plans to add over 10 GW in the next five years. The company is also expanding its decarbonisation services portfolio, while deepening its presence in distributed solar and industrial power solutions Greenko aims to expand its portfolio to 50 GW. The International Energy Agency (IEA) projects India's energy demand will grow 1.5 times faster than the global average over the next 30 years. Between FY25 and FY30 alone, energy demand across commercial, residential, and industrial sectors is expected to rise up to 35 per cent. India's target to install 500 GW of non-fossil capacity by 2030 now appears within reach, sources said adding having already crossed the halfway mark in 2025, the focus will shift to scaling storage, upgrading grid infrastructure, and integrating artificial intelligence (AI)-driven load management. AGEL's ability to execute mega-scale projects, attract capital, and innovate with hybrid and storage solutions will be critical. The company is poised to lead the next wave of India's clean energy journey, backed by policy certainty and rising global investor interest in green infrastructure. India's early achievement of its 50 per cent clean energy target is a testament to visionary policy and entrepreneurial drive, they said. As private players like AGEL and ReNew continue to invest in technology, infrastructure, and innovation, India is well positioned not only to meet its Paris Agreement goals but to exceed them, sources added. PTI ANU view comments First Published: July 18, 2025, 13:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

India achieves 50% non-fossil fuel power capacity, 5 years ahead of target
India achieves 50% non-fossil fuel power capacity, 5 years ahead of target

Time of India

time14-07-2025

  • Business
  • Time of India

India achieves 50% non-fossil fuel power capacity, 5 years ahead of target

India has made a significant leap in its clean energy transition, achieving 50 per cent non-fossil fuel-based power generation capacity, five years ahead of its ambitious 2030 target under the Nationally Determined Contribution (NDCs). Union New & Renewable Energy Minister Pralhad Joshi announced this achievement on Monday, highlighting the nation's accelerated progress towards a sustainable energy future. Minister Joshi took the social media platform X and said, "Under the visionary leadership of Prime Minister Narendra Modi, a major climate commitment has been fulfilled.' India's total installed power capacity currently stands at 484.8 GW, with 242.8 GW now sourced from non-fossil fuels. This is particularly significant given India's international commitments to increase its non-fossil fuel-based power generation and its ambitious national target of establishing 500 GW of renewable energy-based electricity generation by 2030. Over the years, the government has launched a number of flagship programmes such as PM-KUSUM, PM Surya Ghar: Muft Bijli Yojana, solar park development, and the National Wind-Solar Hybrid Policy , which have laid a strong foundation for this transformation.

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