July I 2021

RENEWABLE ENERGY

Installed Renewable Energy Capacity^ (in GW)

As of July 2021, India had
97.0 96.96 GW of renewable
energy capacity, and
represents 25.2% of the
94.4
overall installed power
MARKET FY21 FY22* capacity, providing a great
SIZE opportunity for the expansion
of green data centres.
Note: ^ - includes wind, solar, bio power and small hydro; *Until June 2021

Installed Capacity for Different RES (as of May 2021) (GW)

4.95%
10.51% Solar Power

Wind Power
43.74%

Bio-Power
SECTOR
40.80%
COMPOSITION Small Hydro

Electricity Generation from RES (billion unit)

126.8 127.0
101.8
81.5
65.8

KEY
TRENDS FY16 FY17 FY18 FY19 FY20

Green Energy Corridor Wind-Solar Hybrid Solar Parks and Ultra

GOVERNMENT Policy Mega Solar Power
INITIATIVES Projects

• Robust demand: In June 2021, Prime Minister Mr. Narendra Modi stated that renewable energy capacity in India
increased by 250% between 2014 and 2021 and the country ranks among the top five globally in terms of installed
renewable energy capacity.

• Competitive advantage: India ranked third on the EY Renewable Energy Country Attractive Index. As per the British
Business Energy, India ranks third on renewable energy investments and plans.

• Policy support: In June 2021, Indian Renewable Energy Development Agency Ltd. (IREDA) has invited bids from
ADVANTAGE solar module manufacturers for setting up solar manufacturing units under the central government’s Rs. 4,500
crore (US$ 616.76 million) Production Linked Incentive (PLI) scheme.
INDIA • Increasing Investments: Non-conventional energy sector received FDI inflow of US$ 10.02 billion between April
2000 and March 2021.

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