5 Most Advanced Countries in Renewable Energy

4. India

Average Annual Renewable Energy Generation: 484.2 terawatt-hours 

India has made remarkable progress in the field of renewable energy, marked by a significant expansion in its capacity and the implementation of strategic policy initiatives. Between 2014 and 2021, the nation’s renewable energy capacity surged by 250%, catapulting it to the fourth position globally in terms of renewable energy installations, as reported by the Asian Development Bank. India’s ambitious goals for 2030 include achieving a renewable energy capacity of 500 GW, meeting half of its energy requirements from renewable sources, and reducing carbon emissions by one billion tonnes.

In a major development in 2023, the Indian government allocated a substantial budget of Rs. 35,000 crore (approximately $4.2 billion) for critical capital investments, with a focus on transitioning to energy sustainability and working towards achieving net-zero objectives by 2070.