India Achieves Record 24.54 GW Solar Capacity in 2024

In a recent report, JMK said: India added 24.54 GW of solar power capacity between January and December 2024, compared to 10 GW in 2023

India witnessed a groundbreaking year for renewable energy in 2024, with an unprecedented addition of 24.5 GW of solar power capacity, alongside 3.4 GW of wind capacity. This marks more than double the solar installations and a 21% increase in wind installations compared to 2023. The solar sector's remarkable growth reaffirms its position as the leader in India’s renewable energy landscape.

By the end of December 2024, India’s total installed renewable energy (RE) capacity reached an impressive 209.44 GW. Solar energy alone accounts for 47% of this capacity, solidifying its role as the most significant contributor among renewable sources.

Source: CEA, MNRE, JMK Research
Note: Solar capacity includes utility-scale solar, rooftop solar, and off-grid/distributed solar capacity

Utility-Scale Solar: Dominating the Solar Landscape

In 2024, utility-scale solar projects contributed 18.5 GW of new capacity, a staggering 2.8x increase compared to 2023. Rajasthan emerged as the frontrunner, adding 7.09 GW, followed by Gujarat with 4.32 GW and Tamil Nadu with 1.73 GW. These three states accounted for 71% of the total utility-scale solar installations in the country, showcasing their leadership in harnessing solar power.

Rooftop Solar: Accelerating Adoption

Rooftop solar installations saw robust growth, with 4.59 GW of new capacity added in 2024—an impressive 53% rise from 2023. This surge was driven by the success of the PM Surya Ghar: Muft Bijli Yojana, which encouraged widespread adoption of rooftop solar. Within just 10 months of the scheme’s launch, over 7 lakh installations were completed, underlining the growing popularity of decentralized solar solutions.

Off-Grid Solar: Gaining Momentum

The off-grid solar segment recorded a significant boost, with 1.48 GW added in 2024—a 197% increase from the previous year. This reflects the rising demand for distributed solar systems, particularly in remote and underserved areas, further driving India’s solar transition.

Wind Energy: Steady Growth

In addition to solar, the wind sector contributed 3.4 GW of new capacity, representing a 21% increase over 2023. Gujarat led the way with 1,250 MW, followed by Karnataka (1,135 MW) and Tamil Nadu (980 MW). These states accounted for 98% of the total wind installations in 2024.

Solar and Wind capacity addition trends in India

Source: JMK Research

A Bright Future for Renewable Energy

India’s record-breaking solar capacity addition in 2024 underscores its commitment to accelerating the clean energy transition. With solar energy leading the charge, backed by ambitious policies and widespread adoption, the country is well on its way to achieving its renewable energy targets.

At Bluebird Solar, we are proud to contribute to India’s renewable energy revolution by delivering high-quality, efficient, and reliable solar modules. Join us as we power the future with solar energy!

Source: JMK Research