2023
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Question
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Detailed explanation-1: -India plans to add 250GW of renewable energy capacity in the next five years to achieve 500GW of installed renewable capacity by 2030, in a move that could aid its transition away from fossil fuels like coal.
Detailed explanation-2: -The installed solar energy capacity has increased by 24.4 times in the last 9 years, and stands at 66.7 GW as of May 2023. The installed Renewable energy capacity (including large hydro) has seen an increase of around 128 % since 2014.
Detailed explanation-3: -So finds a new report from Wood Mackenzie analyzing the investments and policy changes needed for the U.S. grid to reach 50 percent renewables by 2030.
Detailed explanation-4: -According to the power ministry, the country’s electricity generation capacity will reach 820 GW by 2030, including more than 500 GW from non-fossil fuel sources.