India Overtakes Japan To Become World’s Third Largest Solar Power Generator: Report

India Overtakes Japan To Become World’s Third Largest Solar Power Generator: Report

Daily Current Affairs / India Overtakes Japan To Become World’s Third Largest Solar Power Generator: Report

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Category : Miscellaneous Published on: May 11 2024

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India has overtaken Japan to become the world’s third-largest solar power generator in 2023, according to a report by the global energy think tank, Ember.
The Global Electricity Review 2024, released on 8th May 2024, offers a detailed analysis of power generation systems worldwide in 2023.
It was published alongside the world’s first open dataset on electricity generation in 2023, covering 80 countries representing 92% of global electricity demand.
The report shows that solar power’s share in global electricity production surged to a record 5.5 percent in 2023.
The International Energy Agency (IEA) forecasts that solar power will constitute 22 percent of global electricity generation by 2030.
The report suggests that the goal set at COP28 to triple global renewables capacity by 2030 holds the potential to steer the world toward this trajectory.
India is one of the few countries aiming to triple renewable capacity by 2030.

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