India Surpasses Germany to Become World’s 3rd Largest Wind and Solar Energy Producer in 2024

India has made a significant leap in renewable energy, becoming the world’s third-largest producer of wind and solar electricity in 2024, as per the sixth edition of Ember’s Global Electricity Review. This milestone places India ahead of Germany, a long-standing leader in clean energy, marking a pivotal moment in the global shift towards sustainable electricity generation.

Clean Energy’s Growing Share in India’s Power Mix

In 2024, clean energy sources accounted for 22% of India’s electricity generation. Of this, hydropower led with 8%, while wind and solar energy together contributed 10%. Notably, solar energy alone comprised 7% of India’s electricity output — a remarkable rise from 3.5% in 2021. This growth highlights the increasing role of renewables in reducing dependence on fossil fuels.

Solar Power Sees a Surge in Capacity Addition

India added a record 24 gigawatts (GW) of solar capacity in 2024 — more than double the addition seen in 2023. This makes India the 3rd largest solar market globally, following China and the United States. In terms of generation, India ranked fourth globally, contributing an additional 20 terawatt hours (TWh) of solar electricity.

Globally, solar energy remained the fastest-growing and largest source of new electricity for the twentieth consecutive year, with a record 474 TWh added in 2024.

Global Context: Renewables Set a New Record

Ember’s report revealed that wind and solar energy combined accounted for 15% of global electricity generation in 2024. Total clean sources — including renewables and nuclear — provided 40.9% of global electricity, the highest share since the 1940s. Overall, renewables generated a record 858 TWh, emphasising the global momentum toward decarbonisation.

India’s Climate Goals and the Funding Gap

India has set ambitious climate targets, aiming to achieve 50% of its installed capacity from non-fossil sources and build 500 GW of non-fossil energy capacity by 2030. While the country’s current pace is commendable, Ember’s analysts caution that without a 20% annual increase in clean energy funding, India may fall short of its long-term targets.

Conclusion

India’s rise to the 3rd spot in global wind and solar electricity production — surpassing Germany — is a significant milestone that reflects both policy commitment and market momentum. However, continued investment and policy support will be essential to keep pace with rising energy demand and meet climate goals effectively.

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