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India’s solar capacity is expected to exceed 12GW in 2023

India added a total of 12,784 megawatts of solar capacity and 2,276MW of wind capacity between April 2022 and March 2023.

This reflected an 8% year-on-year decrease in solar installations and a significant 105%YoY jump in wind capacity, JMK Research & Analytics reported.

Data from the Ministry of New and Renewable Energy showed renewable energy cumulative installation capacity reached 125.2 gigawatts with solar power contributing 53% of the total renewables segment.

This is followed by wind energy (34%). Bio Power (9%), and small hydro (4%).

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