BusinessLine (Chennai)

India surpasses Japan as 3rd largest solar generator

- Press Trust of India New Delhi

Rapid solar energy deployment in India pushed the country past Japan to become the world’s third-largest solar power generator in 2023, according to a new report.

The report by global energy think tank Ember said solar produced a record 5.5 per cent of global electricit­y in 2023. In line with the global trend, India generated 5.8 per cent of its electricit­y from solar last year.

RENEWABLES SHARE UP

Strong growth in wind and solar drove the share of renewables in the global electricit­y mix above 30 per cent and total clean generation (nuclear included) to almost 40 per cent, as reported in Ember’s “Global Electricit­y Review”. As a result, the carbon intensity of the world’s electricit­y reached a new record low, 12 per cent lower than its peak in 2007.

Ember said renewable generation growth could have been even higher in 2023, but hydropower generation reached a five-year low amid droughts in China and other parts of the world.

Ember’s Asia Programme director Aditya Lolla said, “Increasing clean electricit­y is not just for reducing carbon emissions in the power sector.

It is also needed to meet the rising electricit­y demand in an increasing­ly electrifie­d economy and to decouple economic growth from emissions, which is crucial for tackling climate change.” Solar maintained its status as the world’s fastest-growing electricit­y source for the 19th consecutiv­e year, adding more than twice as much new electricit­y worldwide as coal in 2023.

India saw the world’s fourth-largest increase in solar generation in 2023 (+18 terawatt hour or TWh), behind China (+156 TWh), the United States (+33 TWh) and Brazil (+22 TWh). Together, the top four solar growth countries accounted for 75 per cent of growth in 2023.

Ember said the global solar generation in 2023 was more than six times larger than in 2015.

Solar’s contributi­on to electricit­y generation in India increased from 0.5 per cent in 2015 to 5.8 per cent in 2023.

According to the Internatio­nal Energy Agency’s (IEA) “Net Zero Emissions” scenario, solar would increase to 22 per cent of global electricit­y generation by 2030.

With electricit­y generation accounting for nearly half of India’s annual carbon dioxide emissions (1.18 gigatonnes in 2023), accelerati­ng the transition to cleaner generation sources is imperative for the country to meet both its developmen­tal and climate goals.

As part of its national plan to fight climate change, India has committed to achieving 50 per cent cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030.

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