Installed renewable energy capacity in India reached 74.79 GW by the end of 2018. The country has a total installed power generation capacity of 74.024 GW, which is an increase of 1.28 percent over 2017. The cultivation of a strong renewables sector has been made possible by INR35.8bn ($507m) worth of government subsidies to green projects in the financial year so far. The sector's growth is expected to continue in 2019, with a predicted YoY installation rate increase of 50%, or 15,860 MW of capacity.
Installed renewable energy capacity in India reached 74.79 GW by the end of 2018. The green energy push has led to the installation of 25.21 GW of solar, 35.14 GW of wind, 9.92 GW of bio power, and 4.52 GW of small hydro power. The cultivation of a strong renewables sector has been made possible by INR35.8bn ($507m) worth of government subsidies to green projects in the financial year so far. The sector's growth is expected to continue in 2019, with a predicted YoY installation rate increase of 50%, or 15,860 MW of capacity.