India comes third in Renewable Energy Installations in 2021

Highlights

• According to the Global Status Report ,India ranked third globally for total renewable power capacity additions in 2021 with 15.4 GW, behind only China (136 GW) and the US (43 GW).
• The world is unlikely to be able to achieve important climate goals this decade, according to REN21’s Renewables 2022 Global Status Report (GSR 2022).
• This is because the global clean energy transition is not taking place.
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• The largest energy crisis in modern history started in the second half of 2021, and it was made worse by the Russian Federation’s invasion of Ukraine in early 2022 and an unprecedented global commodities shock.
• The research states that India increased its hydroelectric capacity by 843 MW in 2021, bringing the total to 45.3 GW.
• India was the third-largest market globally and the second-largest market in Asia for new solar PV capacity (13 GW of additions in 2021).
• In terms of overall installations, it came in at number four (60.4 GW), passing Germany (59.2 GW) for the first time.
• India was in third place overall for installed wind power (40.1 GW), trailing only China, the US, and Germany.
• In the energy industry, historic increases in generation (7,793 terawatt hours) and capacity (314.5 gigawatts, up 17% from 2020) were unable to keep up with the six percent growth in global electricity demand.

• A renewable energy source means energy that is sustainable - something that can't run out, or is endless, like the sun. 
• When you hear the term 'alternative energy' it's usually referring to renewable energy sources too. 
• It means sources of energy that are alternative to the most commonly used non-sustainable sources - like coal.
• Renewable energy sources now account for 11.2% of the total energy used for heating and cooling, up from 8.9% in 2009.
• The lack of development is especially concerning in the transportation sector, which accounts for close to a third of worldwide energy consumption, where the renewable share increased from 2.4% in 2009 to 3.7% in 2019.
• A record 135 nations vowed to attain net zero greenhouse gas emissions by 2050 in the run-up to the United Nations Climate Change Conference (COP26), which will take place in November 2021.
• The COP26 declaration included reference to the need to limit coal usage for the first time in the history of UN climate summits, but it did not call for targeted cuts in either coal or fossil fuel consumption.