India's Renewable Energy Growth: Solar Dominance and Green Hydrogen Investments
Key Ideas
  • India achieved a record 35% year-on-year rise in renewable energy capacity, with solar power leading the growth with a 38% increase in annual capacity addition.
  • Significant investments in solar module manufacturing and green hydrogen production showcase the country's commitment to clean energy and self-reliant energy future.
  • Government schemes like PM Surya Ghar Muft Bijli Yojana and PM KUSUM have led to thousands of households benefiting from free electricity and increased solar energy adoption in agriculture.
  • Indian Renewable Energy Development Agency (IREDA) witnessed a surge in loan sanctions and disbursements, supporting domestic clean energy projects and economic growth.
India has made remarkable progress in renewable energy, adding a record 25 gigawatts (GW) in the financial year ending March 31, a 35% increase from the previous year. The Ministry of New and Renewable Energy highlighted the dominance of solar power in driving this growth, with a 38% rise in annual capacity addition. The country's solar module manufacturing capacity nearly doubled to 74 GW, and the solar photovoltaic cell manufacturing capacity tripled to 25 GW. Noteworthy investments under the production-linked incentive (PLI) scheme and initiatives like PM Surya Ghar Muft Bijli Yojana and PM KUSUM have significantly promoted clean energy adoption, benefiting households and agriculture sectors. India also made strides in green hydrogen, allocating incentives for electrolyser manufacturing and green hydrogen production. The Indian Renewable Energy Development Agency (IREDA) reported increased loan sanctions and disbursements, supporting clean energy projects. Minister Prahlad Joshi expressed optimism about India's position as a global renewable energy leader, crediting Prime Minister Modi's vision for a sustainable energy future. These achievements reflect India's commitment to clean energy transition and its growing influence in the renewable energy sector.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2025 AdvanceH2, LLC. All rights reserved.