In FY 22-23,  India Produced Significantly More Clean, Renewable Energy

By Outlook Planet Desk May 05, 2023

The majority of this renewable energy was made up of wind and solar

In FY 22-23,  India Produced Significantly More Clean, Renewable Energy
Use of renewable energy has gained significance in view of Indias ambitious target of having 500GW of renewable energy . DepositPhotos

According to figures from the Central Electricity Authority (CEA) for FY23, India generated much more clean, renewable energy in the last financial year. At the end of March 31, 2023, the generation of renewable energy, which includes wind, solar, hydro, biomass, bagasse, and other sources, increased by 19.09%. In comparison to 1,70,912 million units in FY22, the total amount of green power generated in FY23 was 2,03,552.17 million units.

The majority of this renewable energy was made up of wind and solar. Solar energy generation climbed by 38.82% and wind power generation increased by 4.62%.

Although the amount of renewable energy has increased over the past fiscal year, it still falls short of thermal power generation, which accounts for about 74.25% of all power generation. Since there are more states with access to solar energy than wind, solar power generation has increased significantly more than wind power generation.

The report states that hydro power generation climbed by 6.57%, with the majority of it occurring in the Himalayan states and a few other places.

The overall capacity of renewable energy sources reached 168.96 gigawatts throughout the year, including 64.38 GW of solar power, 51.79 GW of hydropower, 42.02 GW of wind energy, and 10.77 GW of biopower. A further 82.62 GW of green energy capacity is being implemented, and a procurement procedure is currently underway for 40.89 GW. By 2030, the Centre wants to have 500 GW of renewable energy capacity.

Rajasthan and Gujarat lead the nation in the adoption of renewable energy, followed by Tamil Nadu, Karnataka, and Maharashtra, which together account for 70% of all green energy use in the nation. Manipur, Tripura, and Goa are the three states that have adopted renewable energy the least quickly. 

The capacity of rooftop solar energy systems also rose previous fiscal year. Rooftop solar power capacity increased by 8,877 megawatts in the most recent fiscal year as a result of rising consumer awareness among residential customers and government subsidies for residential segments. 

Although battery storage is becoming more and more popular around the world, India's ability to quickly deploy it is constrained by a number of issues.

With a total installed capacity of 8,739.015 MW, Tamil Nadu is the nation's wind power centre. In the most recent fiscal year, the state's production of renewable energy climbed by 14.81%. Karnataka witnessed an increase of 3.21%, a state that also produces more renewable energy.