As of December 2023, solar energy accounts for more than 17% of total electricity consumption in India, with all renewable energy sources accounting for more than 31%.
The shift to cleaner energy is the outcome of the government's efforts. They have taken a variety of measures, including financial assistance, subsidies, and regulations, to stimulate the use of solar and other renewable energy sources. These steps not only attracted investments but also sparked new ideas and technologies in the energy industry.
India is dedicated to using more sustainable energy, as evidenced by the fact that renewables account for 31.26% of total power capacity. Wind power accounts for 10.45%, minor hydropower for 1.2%, and biopower for 2.5%. This percentage demonstrates India's desire to diversify its energy sources and move away from a reliance on fossil fuels.
While coal remains the major source, accounting for 48.5% of our electricity capacity, renewables such as solar, wind, and others account for 56%. This shift is critical for balancing the requirements of our rising population with the duty of lowering our environmental footprint.
Investing in renewable energy benefits the environment creates jobs, and secures our energy supply. It minimizes our reliance on imported fuels and promotes new technologies. Many renewable energy plants are spread out, allowing local communities to thrive and prosper.
Looking ahead, India intends to expand its solar and renewable energy sectors. We expect substantially greater investment in these cleaner energy sources as technology advances, regulations become more favorable, and environmental concern grows. The administration has set ambitious targets for increasing renewable energy capacity, demonstrating a strong commitment to a cleaner, more resilient energy future. So, as of December 2023, India is a leader in the use of renewable energy, with solar power accounting for a large portion of overall electricity capacity and all renewables contributing significantly.
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Technology is a useful servant, but a dangerous master, it was rightly said. Electronic devices have grown into an inevitable part of our daily lives.
