India’s total installed renewable energy generation capacity crossed 100 GW mark on Thursday and the country is fourth in the world in terms of installed renewable energy capacity. The country has set an ambitious target to have 175 GW or 1,75,000 MW of renewable energy capacity by 2022.
The total installed renewable energy capacity in India, excluding large hydro, has crossed the mile-stone of 100 GW. Today, India stands at 4th position in the world in terms of installed RE capacity, 5th in solar and 4th in wind in terms of installed capacity,” an official release said.
Investors’ interest in India’s green economy continues unabated in the backdrop of a growing demand for electricity. India is running the world’s largest clean energy programme. In a reaffirmation of India’s push for green energy sources, solar and wind generation recorded an all-time high of 43.1GW on 27 July.
This comes at a time when the UN’s Intergovernmental Panel on Climate Change (IPCC) said that the extreme weather events will impact lives, livelihoods and businesses in India and South Asia.