Trade Analytics
Renewable Energy

Growth of Renewable Energy Industry in India - Infographic

Latest update: November, 2017

  • India accounts for approximately 4% of the total global electricity generation and contributes 4.43 per cent to the global renewable generation capacity amounting to 2,011 GW in 2016
  • The International Energy Agency’s World Energy Outlook projects a growth of renewable energy supply to 4,550 GW in 2040 on a global basis.
  • As of July 2017, total renewable power generation installed capacity in the country stood at 103.92 GW, which is 31.2 per cent of the total installed capacity
  • Hydro power forms the largest source of energy constituting over 43 per cent of the total renewable power generation installed capacity
  • A hydro power revival policy is in underway which amongst others is likely to include the classification of all hydro power projects as renewable energy

Note: GW - Gigawatt
Source: CEA, International Renewable Energy Agency (IRENA)

  • Among the different sources of renewable power in India, the CAGR in installed capacity over FY07–*FY18 was
  • 2.32 per cent for hydro power
  • 20.12 per cent for other renewable energy sources, supported by the commencement of solar capacity addition since 2012
  • The Government of India is projecting a rapid 17.04% CAGR increase in other RES installed capacity to 275 GW by 2027 supported by a surge in solar power capacity addition.

Notes: CAGR - Compound Annual Growth Rate, GW - Gigawatt
Source: CEA, India Solar Handbook 2017



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