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EnvironmentPIB21 July 2026
India's Renewable Energy Installed Capacity Surges Nearly Fourfold to 288.58 GW Since 2014
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📌 Summary:
- India's renewable energy installed capacity rose from 76.38 GW (2014) to 288.58 GW as on 30.06.2026 — nearly fourfold
- Source-wise: solar 162.15 GW, wind 57.44 GW, hydro 57.24 GW, bio-power 11.75 GW
- Total non-fossil-fuel capacity = 297.36 GW (288.58 GW renewables + 8.78 GW nuclear)
- Sector attracted FDI of ~USD 45.72 billion (FY2014–FY2026)
- Domestic financial institutions (12 public sector banks, IREDA, PFC, REC, IIFCL, NaBFID, SIDBI) deployed ₹12.32 lakh crore to the RE sector
- Data given by MoS (New & Renewable Energy) Shripad Yesso Naik in a written reply in the Rajya Sabha
🎯 UPSC Relevance: GS3 environment/economy — renewable energy transition, energy security, climate commitments, green finance
📝 Prelims Facts:
- Renewable capacity 288.58 GW; total non-fossil 297.36 GW (as on 30.06.2026)
- Solar is the largest source (162.15 GW)
- RE sector FDI ~USD 45.72 billion (FY2014–FY2026); IREDA finances RE projects
🔑 Key Term: Non-fossil fuel capacity — power generation capacity from renewables plus nuclear, tracked against India's clean-energy targets
renewable energysolarIREDAnon-fossil fuel
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