In 2024 (January to December), India added about 24.5 GW of solar and ~3.4 GW of wind capacity. This represents a more than twofold rise in solar installations and a nearly 1.21 times increase in wind installations compared to 2023. Notably, the total solar capacity added in 2024 is the highest recorded capacity in any previous year.
With these additions, India's total installed renewable energy (RE) capacity reached 209.44 GW as of December 2024. Solar energy accounts for approximately 47% of the total RE segment, making it the most significant contributor among renewable sources.
Figure 1: RE installation trends in India
Source: CEA, MNRE, JMK Research Note: Solar capacity includes utility-scale solar, rooftop solar, and off-grid/distributed solar capacity
Utility-Scale Solar: India added about 18.5 GW of new utility-scale solar capacity in 2024, marking an increase of ~2.8 times compared to the installations in 2023.
In 2024, Rajasthan leads with 7.09 GW capacity, followed by Gujarat with 4.32 GW and Tamil Nadu with 1.73 GW. These top 3 states account for 71% of India's total solar utility-scale solar installation.
Rooftop Solar: India added about 4.59 GW of new rooftop solar capacity in 2024, a 53% increase compared to 2023. This growth can be attributed to the launch of the PM Surya Ghar: Muft Bijli Yojana. Notably, within just 10 months of the scheme's launch, there have been 7 lakh rooftop solar installations across the country.
Off-grid Solar: In the off grid/distributed solar segment, about 1.48 GW was added in 2024, which is about 197% higher than the installations in the same period last year.
Figure 2: Solar and Wind capacity addition trends in India
Source: JMK Research
Wind: In the wind sector, about 3.4 GW of new capacity was added in 2024, up by 21% as compared to 2023. Gujarat (1250 MW), Karnataka (1135 MW), and Tamil Nadu (980 MW) accounted for about 98% of the new wind capacity added in 2024.
