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India Renewable Map | June 2024


18 October 2024 | BRIDGE TO INDIA

India Renewable Map | June 2024

This info-graphic report provides a complete overview of the renewable sector including solar and wind installed capacity, leading players and their market shares, tariff trends and other market trends. India’s total solar and wind capacity reached 117,085 MW by 30 June 2024. New capacity addition in the last 12 months was 14,238 MW, increased by 32% y-o-y.

Figure: Total utility scale solar and wind capacity as on 30 June 2024

Key highlights from the report:

  1. Rajasthan, Gujarat and Tamil Nadu are the top three states for capacity commissioned om last 12 months with a combined market share of 46%.
  2. Adani, Jinko, Sungrow, Adani and Siemens Gamesa were the leading players across project developers, module supply, inverter supply, solar EPC and turbine manufacturers respectively for projects commissioned.
  3. Avaada, Acme, NTPC and ReNew have the highest awarded capacity in Firm, Peak, PV-Wind hybrid and RTC tenders auctioned in last 12 months.
  4. Andhra Pradesh, Uttar Pradesh and Madhya Pradesh are the top three offtakers for ISTS projects awarded over the 5 years.
  5. 64% of the PV-wind hybrid tenders were oversubscribed.

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