According to figures released by The Ministry of New and
Renewable Energy (MNRE), 45,916 MW of renewable energy has been installed as of
September 2016. Wind still accounts for the largest portion of the cumulative renewable
energy capacity with 28 GW, but solar is catching up fast. Solar installations were ahead of other
renewable sources in the current fiscal year, until September.
In the current financial year, solar is the most
installed renewable energy source with 1.8 GW installed so far, followed by wind with 1.3 GW. Bio-power
trailed with 51 MW installed, followed by nearly 50 MW in small hydro power and
waste-to-power with 7.5 MW.
Mercom expects solar installations in India to reach
approximately 4.5 GW in calendar year 2016.