India achieves 3rd place worldwide in Solar energy generation
India’s solar energy production increased more than 11 times in the past 8 years
New Delhi – In 2023, India has overtaken Japan to become the world’s third largest producer of solar energy. This has been reported by Amber, a research organisation working in the global energy sector. India ranked ninth in solar power generation in 2015. This growth in production is due to India’s emphasis on the solar sector over the past few years, the report said.
In this report titled ‘Global Electricity Review’, ‘Amber’ stated that in India till 2023, electricity generated from solar energy was 5.8% of the total electricity generation. By 2023, India’s solar power generation growth was the fourth largest in the world after China, the US and Brazil. In 2015, solar energy contributed only 0.5% to India’s electricity generation. This means that in a period of 8 years from 2016 to 2023, this ratio has increased more than 11 times.
By 2030, solar energy will account for 22% of global electricity generation
According to the estimate of ‘International Energy Agency’, by the year 2030, global electricity generation from solar energy will increase to 22% of the total electricity generation. India is one of the few countries that plans to triple this capacity in the next 8 years.