While world struggles, India achieve 40% non-fossil fuel capacity in Nov 2021, 9 yrs ahead of target
Asia news by NRI Herald Australia 04 Dec 2021
The country's installed renewable energy (RE) capacity stands at 150.05 GW, while its nuclear energy-based installed electricity capacity is 6.78 GW.
India has achieved the target of 40% of its installed electricity generation capacity being from non-fossil energy sources, an official statement said on Thursday.
"At COP 21, as part of its Nationally Determined Contributions (NDCs), India had committed to achieving 40 per cent of its installed electricity capacity from non-fossil energy sources by 2030.
"The country has achieved this target in November 2021 itself," the Ministry of New and Renewable Energy said.
According to the statement, the country's installed renewable energy (RE) capacity stands at 150.05 GW, while its nuclear energy-based installed electricity capacity is 6.78 GW.
This brings the total non-fossil fuels based installed energy capacity to 156.83 GW -- which is 40.1 per cent of the total installed electricity capacity of 390.8 GW, in line with the Prime Minister's announcement at the recently concluded COP26 climate change conference.The government is committed to achieving 500 GW of installed electricity capacity from non-fossil fuel sources by 2030, the statement added.
While talking to NRI Herald one of the senior energy industry official said:
That’s called OUTSTANDING performance in Corporate appraisal process. 5 years back PM Modi promised the World that India will achieve 40% of Non-Fossil electricity Generation by year 2030. India has achieved the target of 40% Non-Fossil Electricity installed capacity in Nov 2021 itself, 9 years ahead of target.
According to The International Renewable Energy Agency (IRENA), Despite COVID-19 pandemic, more than 260 GW of renewable energy capacity added globally in 2020, beating previous record by almost 50%.