India has witnessed rapid year wise growth in renewable energy installed capacity between 2012-13 and 2018-19. Compound annual growth rate (CAGR) of renewable installed capacity during the same period has been 18.80% which prompted a whopping 2.8 times increase in renewable installed capacity.

Solar technology has witnessed the highest CAGR (60.46%) during the period followed by biomass (18.12%), wind (11.00%), waste to energy (6.26%) and small hydro (3.99%) respectively. The solar energy installed capacity has increased the maximum. For solar energy, installed capacity in the end of 2018-19 was 20 times than that in the end of 2012-13. The share of solar technology in total installed capacity has increased from 6.01% in 2012-13 to 36.47% in 2018-19. For all other technologies, share in total renewable installed capacity has decreased between 2012-13 and 2018-19. Share of wind has decreased from 67.88% to 45.14%, share of biomass has decreased from 12.83% to 12.39%, share of SHP has decreased from 12.94% to 5.82% and the share of waste to energy has decreased from 0.34% to 0.18% between the same time interval.

Year

SHP

Wind

Biomass

WTE

Solar Total

Renewables Total

 

MW

MW

MW

MW

MW

MW

2012-13

3632.25

19051.46

3601.03

96.08

1686.44

28067.26

2013-14

3803.68

21042.58

7419.23

90.58

2631.93

34988.00

2014-15

4055.36

23354.35

7714.90

90.58

3743.97

38959.16

2015-16

4273.47

26777.40

8019.75

90.58

6762.85

45924.05

2016-17

4379.86

32279.77

8181.70

114.08

12288.83

57244.24

2017-18

4485.80

34046.00

9363.61

138.30

21651.46

69685.17

2018-19

4593.15

35625.97

9778.30

138.30

28780.66

78916.38

2019-20

4683.16

37693.75

9875.31

146.64

34627.79

87026.65

2020-21

4786.81

39247.05

10145.92

168.64

40085.37

94433.79

2021-22

4848.9

40357.58

10205.61

476.75

53996.54

109885.38

2022-23

4944.3

42633.13

10248.01

554.03

66780.34

125159.81


    Source: MNRE, CEA

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