Daily Current Affairs : 10-April-2024

In 2023, India made a splendid leap in solar energy production, surpassing Japan to become the arena’s third-largest solar electricity generator. This achievement highlights India’s commitment to renewable strength and its speedy deployment of solar era.

Global Context

Top Solar Producers:
  • China: Leads the sector in solar electricity era.
  • USA: Second inside the ratings.
  • India: Now holds the third position.
  • Japan: Drops to fourth place with an hooked up ability of 83 GW.

According to the Global Electricity Review (GER) 2024 document through Ember, solar energy changed into a sizeable contributor to international electricity increase in 2023, reflecting the increasing reliance on renewable assets.

India’s Growth in Solar Energy

India’s development in solar power has been surprising, contributing to the world’s fourth-largest increase in solar generation. This surge accounted for 5.9% of global boom, showcasing the u . s .’s capacity in renewable electricity.

Key Factors for Success

  • Rapid Deployment: India has applied solar initiatives at an unparalleled pace.
  • Government Initiatives: Strong policies and incentives have supported solar energy investments.
  • Technological Advancements: Improvements in solar era have made installations extra green and lower priced.

Challenges Ahead

Despite those advancements, India faces demanding situations:

  • Drought Conditions: These have negatively impacted hydropower era.
  • Increased Coal Use: A rise in coal era complicates the transition to renewables.

Future Goals

India is dedicated to decarbonizing its energy area. The u . s . has set bold goals:

  • 50% Renewable Energy by 2030: This purpose emphasizes the shift towards cleanser power resources.
  • Net-Zero Emissions by 2070: India targets to noticeably reduce its carbon footprint.
  • 500 GW of Renewable Energy Capacity by 2030: This target highlights the point of interest on increasing solar and other renewable assets.

Important Points:

  • India’s Solar Achievement (2023): Surpassed Japan to become the third-largest solar power generator in the world.
  • Global Solar Power Rankings:
    • 1st: China
    • 2nd: USA
    • 3rd: India
    • 4th: Japan (83 GW installed capacity)
  • Global Electricity Review (GER) 2024:
    • Solar energy was a major contributor to global electricity growth in 2023.
    • Renewables accounted for 30% of global electricity for the first time.
  • India’s Solar Growth:
    • Contributed to the world’s fourth-largest increase in solar generation.
    • Accounted for 5.9% of global growth in solar energy.
  • Key Factors for Success:
    • Rapid Deployment: Quick implementation of solar projects.
    • Government Initiatives: Strong policies and incentives supporting solar investments.
    • Technological Advancements: Improved efficiency and affordability of solar technology.
  • Challenges Ahead:
    • Drought Conditions: Negative impact on hydropower generation.
    • Increased Coal Use: Complicates the transition to renewable energy.
  • Future Goals:
    • 50% Renewable Energy by 2030: Emphasis on cleaner energy sources.
    • Net-Zero Emissions by 2070: Significant reduction in carbon footprint.
    • 500 GW of Renewable Energy Capacity by 2030: Focus on expanding solar and other renewables.

Why In News

India surged past Japan to become the world’s third-largest solar power generator in 2023, driven by rapid solar energy deployment and ambitious government initiatives. China and the USA remain the two major producers ahead of India this year. In terms of installed solar power capacity, India ranks fifth in the world, while Japan holds the third position with an impressive 83 GW. This shift reflects India’s growing commitment to renewable energy and its potential to lead in the global solar market.

MCQs about India’s Solar Power Achievement

  1. In 2023, which country became the third-largest solar power generator in the world?
    A. China
    B. Japan
    C. USA
    D. India
    Correct Answer: D. India
    Explanation: In 2023, India surpassed Japan to become the third-largest solar power generator, highlighting its rapid deployment of solar energy.
  2. According to the Global Electricity Review (GER) 2024, what percentage of global electricity was contributed by renewables for the first time in 2023?
    A. 20%
    B. 30%
    C. 40%
    D. 50%
    Correct Answer: B. 30%
    Explanation: The GER 2024 report indicated that renewables contributed 30% of global electricity for the first time in 2023, with solar energy leading the growth.
  3. Which country ranks fifth in terms of installed solar power capacity in 2023?
    A. Japan
    B. India
    C. USA
    D. China
    Correct Answer: B. India
    Explanation: In terms of installed solar power capacity, India ranks fifth in the world, while Japan is in third place with an installed capacity of 83 GW.
  4. What is one of India’s ambitious targets for its renewable energy sector by 2030?
    A. 100% reliance on coal
    B. 50% renewable energy capacity
    C. Reducing solar capacity
    D. Achieving net-zero emissions by 2050
    Correct Answer: B. 50% renewable energy capacity
    Explanation: India aims to achieve 50% renewable energy capacity by 2030 as part of its commitment to decarbonizing its power sector.

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