India Surpasses Japan as 3rd Largest Solar Power Generator in 2023

• India’s remarkable surge in solar energy deployment propelled it past Japan, securing its position as the world’s third-largest solar power generator in 2023. Solar energy continued its unprecedented growth streak, outpacing coal in global electricity generation for the 19th consecutive year.
• In 2015, India ranked ninth in solar energy deployment, but by 2023, it produced 5.8% of its electricity from solar, up from 0.5% in 2015. This significant increase underscores India’s commitment to clean energy and its pivotal role in mitigating climate change.
• India’s ambitious national plan to combat climate change aims to achieve 50% cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030.
• At the COP28 climate change conference, world leaders committed to tripling global renewable energy capacity by 2030, aligning with the imperative to limit the average temperature rise to 1.5 degrees Celsius.

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