India's renewable energy sector experienced notable growth in 2024, particularly in the rooftop solar and wind energy segments. The country installed 3.2 GW of rooftop solar capacity, with a substantial increase of 86% from the previous year. Initiatives like the PM Surya Ghar program played a crucial role in driving these installations, benefitting residential consumers significantly. In the wind energy sector, NLC India and Adyant Enersol secured an auction to develop 600 MW of wind power projects, showcasing a continued commitment to clean energy generation. Moreover, the Government of India launched five pilot projects under the National Green Hydrogen Mission, focusing on introducing hydrogen-powered vehicles such as buses and trucks. This initiative aligns with the country's efforts to promote green transport solutions. In the financial realm, the Indian Energy Exchange witnessed a substantial increase in the trading of green energy units in February 2025, indicating a positive market trend towards renewable energy sources. Additionally, Solid Power, a manufacturer of solid-state batteries for electric vehicles, reported revenue growth in 2024, driven by advancements in technology and key agreements. While there were positive developments in the renewable energy sector, challenges such as outstanding dues from distribution companies to power generators persisted. The Ministry of Power highlighted significant dues totaling billions of rupees, indicating a need for improved payment mechanisms within the sector. Overall, India's renewable energy landscape shows promising growth prospects, with initiatives like the National Green Hydrogen Mission and increasing adoption of solar and wind power contributing to a cleaner and more sustainable energy future.