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In 2023, India surpassed Japan to secure the third-largest position as a producer of solar power

9 May 2024

According to recent research, India's rapid deployment of solar energy propelled the nation over Japan to rank third globally in terms of solar power generation in 2023.

According to recent research, India's rapid deployment of solar energy propelled the nation over Japan to rank third globally in terms of solar power generation in 2023.


According to a 2015 assessment by the international energy think group Ember, India came in tenth place for the use of solar energy.


In 2023, solar energy generated a record 5.5% of the world's power. Ember's "Global Electricity Review" states that, in keeping with the global trend, 5.8% of India's electricity was produced by solar energy last year. Solar energy continues to be the fastest-growing source of electricity in the world, adding more than twice as much new electricity globally as coal by 2023.


According to Ember, the world's solar generation increased by more than six times between 2015 and 2023. India's share of solar energy in the country's electrical output grew from 0.5% in 2015 to 5.8% in 2023.


The "Net Zero Emissions" scenario from the International Energy Agency (IEA) predicts that by 2030, solar energy would account for 22% of the world's power production.


Accelerating the switch to cleaner generating sources is essential for India to accomplish its development and climate goals, since electricity generation accounts for about half of the nation's yearly carbon dioxide emissions (1.18 gigatonnes in 2023).


By 2030, India aims to generate half of its installed capacity for electricity from non-fossil fuel-based energy sources.


The detailed article published by www.manufacturingtodayindia.com can be accessed from https://www.business-standard.com/industry/news/india-overtook-japan-to-become-3rd-largest-solar-power-generator-in-2023-124050801061_1.html



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