India’s renewable energy sector has achieved the highest-ever capacity addition in the last financial year by installing 25 gigawatts. New and Renewable Energy Minister, Pralhad Joshi informed this while addressing a press conference in New Delhi yesterday. He said the sector witnessed an increase of almost 35 per cent in the last financial year compared to 18.57 gigawatts achieved in the financial year 2023-24.
The Minister highlighted that the country’s journey in renewable energy was led by solar, which soared from 15 to nearly 21 gigawatts in the last financial year. He said it recorded an impressive growth of around 38 per cent. Mr. Joshi said that to decarbonize the transportation sector and domestic households, the introduction of bioCNG will be mandated for the blending of compressed biogas with compressed natural gas and piped natural
gas.
He added that India’s solar PV cell manufacturing capacity also increased nearly three times, from 9 gigawatts during this period. He mentioned that the PM KUSUM Scheme has also seen good progress both in terms of physical and financial aspects. Mr. Joshi further emphasized that since the launch of PM Surya Ghar Muft Bijli Yojana, more than 1.1 lakh households have benefited, and nearly 7 lakh employments were generated in the previous financial year.
Prime Minister Narendra Modi has lauded the growth of India’s renewable energy sector. Responding to a social media post of Union Minister Parlhad Joshi, the Prime Minister called the achievements of the renewable energy sector a great development. The Prime Minister stated that these achievements illustrate the commitment of the citizens of the country towards sustainability.