India ranks third, added 15.4 GW renewable capacity in 2021

According to a report, India will add about 15.4 GW of renewable energy capacity in 2021, the third highest after China with 136 GW and the US with 43 GW.

According to the REN21 Renewable Energy 2022 Global Status Report, India is now the third largest market for new photovoltaic (PV) capacity and fourth in the world for total solar installations at 60.4 GW, overtaking Germany at 59.2 GW, China with 305.9 GW, US with 121.4 GW and Japan with 78 GW.

The Covid-19 pandemic and a rise in commodity prices have led to the disruption of renewable energy supply chains and delayed renewable energy projects.

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