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India's carbon-free generation capacity rose by 72% over 2014-2020

25 Mar 2020

According to the Indian government, the installed carbon-free capacity in the country increased by 72% between late March 2014 and the end of February 2020, from 81 GW to 139 GW. Around 55% of new installations between 2014 and 2020 (58 GW) were solar power plants (32 GW), followed by wind (17 GW, 29%) and large hydro (5 GW, 8%). In addition, 2.8 GW of other renewable sources (biomass, small-hydropower and waste-to-energy) and 2 GW of nuclear were added. Total investment in the Indian carbon-free energy sector reached US$75bn over the 2014-2020 period, with foreign direct investments accounting for 8% of it (US$6bn).

India has set a target of 175 GW of renewable power capacity by 2022, including 100 GW from solar, 60 GW from wind, 10 GW from biomass and 5 GW from small hydro power. This corresponds to a cumulative power capacity of 40% from non-fossil fuel energy sources, in line with its Intended Nationally Determined Contribution (INDC). India has also pledged to cut the CO2 emission intensity of GDP by 33-35 % from 2005 level.

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