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India s renewable energy sector saw significant growth in 2022, with an estimated 988,000 jobs created, according to a report by IRENA. Hydropower was the top employer, followed by solar photovoltaic (PV). India s solar capacity increased, with 13.5 GW of solar PV added, surpassing the previous year s figure. Domestic solar module production capacity also soared, although production rates did not match the capacity. ....
The fossil fuel price crisis has accelerated the competitiveness of renewable power. Around 86 per cent (187GW) of all the newly commissioned renewable capacity in 2022 had lower costs than fossil fuel-fired electricity. The report, Renewable Power ....