Report Summary Examining installed capacity of renewable energy, policy support, investment opportunity & development track in India
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As of January 2025, India has a total installed renewable energy capacity of approx. 213 GW, with a target of reaching 500 GW by 2030. This means India needs to nearly double its renewable energy capacity within the next five years, a monumental task that requires an aggressive and sustained effort. To achieve this, the country must significantly scale up its capacity on a monthly basis, making it crucial to accelerate the development and deployment of renewable energy projects, particularly in solar and wind power. The need for rapid expansion emphasizes the importance of improving project execution speeds, enhancing grid infrastructure, increasing investments, and streamlining regulatory processes. This ambitious scaling will be vital in not only meeting the 500 GW target but also in positioning India as a global leader in renewable energy and contributing significantly to its climate goals.
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