India made main progress in renewable power in 2024. With file photo voltaic and wind capability additions, robust authorities assist, and rising home manufacturing, the nation is transferring steadily towards its clear power targets for 2030.
Notably, India’s Ministry of New & Renewable Power (MNRE) revealed that the nation’s photo voltaic power capability reached 94.17 GW in 2024.
Photo voltaic Energy Leads in Renewable Development
Photo voltaic power remained the principle driver of renewable growthmaking up 47% of India’s complete renewable power capability.
2024 Photo voltaic Snapshot:
Exploring additional, MNRE data showed that India added 24.5 GW of photo voltaic and three.4 GW of wind power —the best ever in a single 12 months. Photo voltaic capability was greater than double from 2023, whereas wind grew by 21%.
- Utility-scale photo voltaic: India put in 18.5 GW of utility-scale photo voltaic initiatives, which was practically 2.8 instances greater than in 2023. Rajasthan, Gujarat, and Tamil Nadu led this progress, collectively contributing 71% of those installations.
- Photo voltaic Sector: The rooftop photo voltaic sector additionally noticed robust momentum, including 4.59 GW of capability—a rise of 53% from 2023. A significant factor behind this progress was the PM Surya Ghar: Muft Bijli Yojana, which helped 7 lakh properties set up rooftop photo voltaic programs inside ten months.
- Off-grid photo voltaic: Additionally recorded robust progress. With 1.48 GW added in 2024, this phase grew by 182%, serving to deliver electrical energy to extra rural areas.
India’s Photo voltaic Manufacturing in 2025 and Past (2030)
As of January 20, 2025, India’s complete non-fossil gasoline power capability reached 217.62 GW. The nation is aiming for 500 GW of non-fossil fuel-based energy capacity 2030 by 2030, and these new additions are a robust step in that route.
Nevertheless, it’s quickly rising as a photo voltaic power powerhouse.
In February 2025, the nation surpassed 100 GW of put in photo voltaic capabilityturning into the fourth nation worldwide to achieve this milestone. Greater than half of this capability was put in in simply the previous three years. It’s a exceptional leap from solely 2.8 GW in 2014.
Wanting forward, India plans to develop its photo voltaic manufacturing capability considerably. SolarPower Europe highlighted:
- By 2030, photo voltaic module capability is predicted to achieve 160 GW, whereas photo voltaic cell capability is projected to hit 120 GW. This can strengthen India’s place as a renewable power manufacturing hub.
Notably, with continued authorities assist, the nation plans to ramp up its module manufacturing capability to 100 GW by 2030.
- Modules: 80 GW (2025) → 160 GW (2030)
- Cells: 15 GW → 120 GW
- Wafers & Polysilicon: 6 GW → 100 GW every
These figures spotlight India’s aim to reduce import dependency and construct a totally built-in photo voltaic manufacturing ecosystem.
Sturdy Authorities Assist Fuels Photo voltaic Development
With file capability additions final 12 months and robust assist from the federal government, India is on the best path to turning into a worldwide clear power chief. The Ministry of New & Renewable Power (MNRE) performed a key function within the sector’s progress. It targeted on increasing home manufacturing of photo voltaic PV and wind generators, which is important to scale back import dependence and lower prices.
It additionally proposed major investments in energy grid infrastructure, particularly inter-state transmission traces. This can assist switch renewable energy from energy-rich states like Rajasthan and Gujarat to different components of the nation.
Jawaharlal Nehru Nationwide Photo voltaic Mission (JNNSM)
Moreover, coverage interventions just like the Jawaharlal Nehru Nationwide Photo voltaic Mission (JNNSM), launched in 2010, laid the groundwork for these developments. This mission helped transition India from excessive photo voltaic tariffs of ₹10.95/kWh in 2010 to as little as ₹2.5-2.6/kWh by 2025 by way of aggressive bidding and different reforms.
The Manufacturing Linked Incentive (PLI) scheme
The PLI scheme, price ₹24,000 crore (~$3 billion), is enjoying a serious function right here. Insurance policies like import duties on photo voltaic modules (40%) and cells (20%), Home Content material Necessities (DCR), and authorised lists for modules and cells (ALMM & ALCM) are all geared toward encouraging home manufacturing.
Teaming Up with the EU for a Greener Future
Many Indian firms at the moment are getting ready to satisfy rising demand not solely from inside India but in addition from different international locations.
One of the vital vital targets is to show India into a worldwide export hub for photo voltaic know-how, and photo voltaic panels will play a pivotal function right here. This can enhance each India’s power independence and its function within the international clear power shift
On this perspective, India can also be teaming up with the European Union (EU) to strengthen photo voltaic manufacturing. A brand new alliance between the 2 goals to advertise cooperation in inexperienced know-how.
- By sharing experience and assets, India and the EU plan to hurry up innovation, lower prices, and meet clear power targets quicker.
This partnership is predicted to offer India entry to superior photo voltaic know-how and assist enhance its capability to supply high-quality photo voltaic modules and cells. Because of this, exports of photo voltaic merchandise from India are more likely to develop quickly with rising international demand and competitive prices.
What’s Subsequent for India’s Photo voltaic Sector?
By 2030, specialists say India’s photo voltaic trade may play a serious function in serving to the world meet local weather targets. With plans to supply 160 GW of photo voltaic modules and 120 GW of cells, India is effectively on its solution to turning into a key participant within the international photo voltaic provide chain.
Because the world strikes towards cleaner power, India’s management in photo voltaic know-how may function a mannequin for others. Its targeted and forward-looking method is positioning the nation on the coronary heart of the worldwide power transition.
