Renewable growth in India expected to fall short of PM Modi target
Thu, Feb 29, 2024 3:03 PM

Renewable growth in India expected to fall short of PM Modi target

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India’s solar and wind deployment is forecast to jump more than 30% in 2024, a pace still not fast enough to meet its clean energy goal of 500 gigawatts by the end of this decade. Capacity in 2024 is expected to rise by a record 16.7 gigawatts from nearly 13 gigawatts last year, driven by falling solar module prices and increasing clean energy procurement by industries, BloombergNEF said.

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