Solar & Renewable Energy Industry
USEFUL INFO
CURRENT STATUS & KEY METRICS
- Solar Capacity: Reached ~164 GW as of mid-2026, up from 2.82 GW in 2014.
- Rooftop Solar: Crossed ~30 GW, empowering millions of domestic prosumers.
- Manufacturing: Module capacity exceeds 100 GW, targeting 250 GW by 2030.
- Battery & Storage: BESS and pumped hydro capacity are scaling to meet a 2030 target of over 60 GW storage.
- LED Programs: UJALA and SLNP distributed over 36.8 crore LED bulbs and 1.31 crore street lights, saving billions of kWh.
POTENTIAL GROWTH & 2030 ROADMAP
- 500 GW Non-Fossil Goal: India aims for 500 GW of non-fossil capacity by 2030, with solar comprising 292 GW.
- Storage Tenders: Massive hybrid solar-plus-storage tenders (BESS and Pumped Storage) are active across Rajasthan, Gujarat, and Odisha.
- Investment Surge: Billions in capital commitments from global and domestic giants like Adani, Brookfield, and Reliance target green infrastructure.