India's Remarkable Progress in Renewable Energy: Milestones and Achievements
Key Ideas
  • India achieved a historic milestone by adding 25 GW of renewable energy capacity in FY 2024-25, a 35% increase from the previous year.
  • The solar power sector played a crucial role, with capacity additions rising by 38% and India crossing the landmark of 100 GW in installed solar capacity.
  • Significant growth was seen in domestic solar manufacturing, with solar module manufacturing capacity nearly doubling and solar PV cell manufacturing capacity tripling.
  • India made major advancements in the Green Hydrogen sector, with substantial government allocations for electrolyser manufacturing, Green Hydrogen production, and pilot projects in the steel and transport sectors.
India's Ministry of New and Renewable Energy achieved a significant milestone in the financial year 2024-25 by adding 25 GW of renewable energy capacity, showcasing a 35% increase from the previous year. The country's clean energy transition, under the leadership of Prime Minister Shri Narendra Modi, is progressing rapidly. The solar power sector has been a driving force behind this growth, with capacity additions jumping by 38% to nearly 21 GW in FY 2025. India also surpassed 100 GW in installed solar capacity, reinforcing its position as a global leader in solar energy. Moreover, India witnessed remarkable progress in domestic solar manufacturing, with substantial growth in solar module and PV cell manufacturing capacities. The Production Linked Incentive Scheme for High-Efficiency Solar PV Modules has attracted significant investments, creating jobs and enhancing India's self-reliance in solar technology. In addition to solar power, India's Green Hydrogen sector gained strong momentum in FY 2025. The government's substantial allocation of funds for electrolyser manufacturing and Green Hydrogen production, along with support for pilot projects in decarbonizing the steel and transport sectors, reflects the country's commitment to green energy. The Indian Renewable Energy Development Agency (IREDA) played a vital role in financing clean energy projects, with increased loan sanctions and disbursements in FY 2025. Prahlad Joshi, the Union Minister of New and Renewable Energy, highlighted India's growing leadership in the global renewable energy sector, projecting India as a soon-to-be third-largest renewable energy capacity holder in the world. These achievements underscore India's dedication to clean energy and sustainability, paving the way for a greener and more energy-secure future.
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