Economy📖 2 min read

India's Solar Capacity Jumps 57-Fold to 162.15 GW Since 2014

India has significantly boosted its solar power generation, with installed capacity increasing dramatically over the last decade.

Source: GNews PM Scheme
Summary of News

India's installed solar capacity has seen a remarkable 57-fold increase since 2014, reaching 162.15 GW. This information was shared by the government in Parliament. The substantial growth highlights India's commitment to renewable energy and its efforts to reduce reliance on fossil fuels. This expansion includes large-scale solar parks, rooftop solar installations, and off-grid solar solutions across the country. The government's various schemes and policies have played a crucial role in driving this rapid development in the solar energy sector. This growth positions India as a major player in the global renewable energy landscape, contributing to both energy security and climate change mitigation goals.

Why It Matters

This news is important for competitive exams, especially for topics related to renewable energy, government initiatives, and economic development in India. Aspirants should focus on the growth figures, key government schemes promoting solar energy, and India's targets for renewable capacity. This falls under UPSC GS Paper III (Economy, Environment & Ecology) and SSC General Awareness (Indian Economy, Current Affairs). Understanding the policy drivers behind this growth is key.

Key Points for Exam
  • India's installed solar capacity reached 162.15 GW.
  • The solar capacity has increased 57-fold since the year 2014.
  • The government informed Parliament about this significant growth.
  • India aims for 500 GW of non-fossil fuel energy capacity by 2030.
  • The National Solar Mission was launched in 2010.
  • Solar energy is a key component of India's renewable energy strategy.
Important Keywords Explained
Installed Capacityconcept

Installed capacity refers to the maximum output that a power plant can produce under specific conditions. For solar, it is the total rated power of all solar panels connected to the grid or used in off-grid systems. It indicates the potential for electricity generation.

Renewable Energyconcept

Renewable energy is energy derived from natural processes that are replenished constantly. This includes solar, wind, hydro, geothermal, and biomass energy. It is a sustainable alternative to fossil fuels, helping reduce greenhouse gas emissions and combat climate change.

National Solar Missionscheme

Launched in January 2010, the Jawaharlal Nehru National Solar Mission (JNNSM) is a major government initiative to promote solar power in India. It aims to make India a global leader in solar energy by creating policy conditions for its widespread deployment across the country.

Additional Facts & Context
1India's total renewable energy capacity (excluding large hydro) was 134 GW as of March 2024.
2The target for renewable energy capacity by 2022 was 175 GW.
3India is the 4th largest market for solar power globally.
4The Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme aims to promote solar energy in rural areas.
Examiner's Tip

Exams frequently ask about India's renewable energy targets, specific government schemes like PM-KUSUM, and the current installed capacity figures. Be prepared for questions on the percentage increase or comparative data over different years.

🧠
Memory Trick

Remember '57-fold' for solar growth since '14'. Think 'Solar Fifty-Seven' for the big jump from 2014.

Frequently Asked Questions

What is India's current solar power capacity and its growth since 2014?

India's current installed solar capacity stands at 162.15 GW. This represents a significant 57-fold increase since 2014, demonstrating rapid expansion in the country's solar energy sector.

Which government initiatives have supported the growth of solar energy in India?

Several government initiatives have supported solar energy growth, including the National Solar Mission, PM-KUSUM scheme for farmers, and policies promoting rooftop solar installations. These schemes provide financial incentives and regulatory support.

What are India's future targets for renewable energy capacity?

India has set an ambitious target to achieve 500 GW of non-fossil fuel energy capacity by 2030. This includes a substantial contribution from solar power, alongside other renewable sources like wind and hydro.

Connected Concepts / Topics
Get direct updates on TelegramDaily current affairs + quiz + monthly PDFs — 100% freeJoin Channel →