What’s Driving India’s Historic Renewable Energy Expansion?

Date:

India added a record 22 gigawatts (GW) of renewable energy capacity in the first half of 2025 – a 57% jump from the 14.2 GW installed during the same period last year. The new capacity includes 18.4 GW of solar, 3.5 GW of wind and 250 megawatts (MW) of bioenergy, which is generated from plant and animal waste. This marks the country’s highest-ever addition in any six-month period. The surge was largely driven by developers moving quickly to take advantage of the government’s Interstate Transmission System charge waiver, which begins at 25% and increases annually until full implementation by June 2028, significantly lowering project costs and incentivizing developers to act now.

India is now inching closer to its goal of sourcing 50% of its installed power capacity from clean energy sources, with a total of 234 GW in place, including large hydropower projects. While this growth is positive from a strict emissions…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...