Short Article
13:03:06
Renewable Energy 2022: Global Status Report
-
India ranked third globally for total renewable power capacity additions with 15.4 GW in 2021, following only China (136 GW) and the US (43 GW).
-
The report was titled Renewable Energy 2022: Global Status Report published by REN21.
Renewable status in India in 2021
-
It ranked fourth in total solar installations (60.4 GW) for the year 2021, overtaking Germany (59.2 GW) for the first time.
-
India ranked third globally for the total installed capacity of wind power (40.1 GW), behind China, the US and Germany.
-
India was the second-largest market in Asia for new solar PV capacity, and third globally.
Renewable Investment in India
-
India investment in renewables for the year 2021 increased by 70% to $11.3 billion.
-
India also extended its national Rs 18,100 crore ($24.3 billion) solar production programme.
-
In 2021, after India increased its cap on solar PV installations under its net metering scheme, the country’s rooftop PV market hit a record high.
Global Status
-
The world, overall, added around 3,146 GW of total installed renewable power capacity in 2021.
-
It is a spike of 11% from the previous year.
About REN21
-
Renewable Energy Policy Network for the 21st Century (REN21) is a global renewable energy community of actors from science, governments, NGOs and industry.
-
It provides up-to-date and peer-reviewed facts, figures and analysis of global developments in technology, policies and markets.
-
More than 650 experts have contributed to the outcome of the report.
