India Crossed 400 GW of Total Installed Power Capacity, Renewable Accounts for 28% – EQ Mag Pro
Solar Contributes ~51% of the Total Installed Renewable Capacity as of July 2022
India’s installed total power capacity stood at 404.13 GW, Renewable capacity additions continue to increase at a rapid pace in India, accounting for approximately 28.32 percent of India’s power capacity mix at the end of July 2022.
The share of renewable energy increased marginally from the previous year (December 2021) when the total installations were 104.88 GW, accounting for 26.66% of the overall power capacity mix.
The total installed energy capacity from conventional power sources stood at approximately 242.845 GW at the end of July 2022, accounting for 60.09% of the total Power installations. In 2022, around 846.7 MW (coal 890 MW, while around 43.3 MW of gas plant closed) of conventional power capacity being added in the first seven months as of July. The segment covered electricity generated from thermal-based sources, which included 50.5% of coal, gas (6.15%), nuclear (1.68%), lignite (1.64%), and diesel (0.13%). Coal continued to lead the mix with 204.08 GW of installed capacity at the end of July 2022. The market share of coal reduced from 51.65% in December 2022 to 50.5% now.
Among the renewables, Solar continued to dominate the non-conventional source of energy and accounted for 50.66% and 14.35% of the total installed power capacity at the end of July 2022. Wind accounted for 10.12 percent of the total installed power capacity and 35.73 percent of the renewable mix capacity as of July 2022.
With a total installed power capacity of around 46.85 GW, large hydro accounted for 11.59% of the total installed power capacity as of July 2022. India had approximately 40.89 GW of wind installations, representing the second largest installed capacity of the total installed (excluding Hydro) Renewable power capacity at the end of July 2022. While biomass and small hydro accounted for 2.64% and 1.21% of the cumulative installed power capacity.
