India’s installed renewable energy capacity has grown nearly fourfold to 288.58 GW as of June 30, 2026, from 76.38 GW in 2014, according to the government. Solar energy remains the largest contributor with 162.15 GW, followed by wind (57.44 GW) and hydropower (57.24 GW).
Key Highlights
- India’s renewable energy capacity increased from 76.38 GW in 2014 to 288.58 GW by June 2026.
- Solar power leads the sector with an installed capacity of 162.15 GW.
- India’s total non-fossil fuel power capacity has reached 297.36 GW.
- The renewable energy sector attracted USD 45.72 billion in FDI between FY2014 and FY2026.
New Delhi, July 21: India has significantly expanded its renewable energy capacity, with installed capacity rising nearly four times from 76.38 GW in 2014 to 288.58 GW as of June 30, 2026, according to information shared by the Ministry of New and Renewable Energy (MNRE) in the Rajya Sabha.
In a written reply, Minister of State for New and Renewable Energy Shripad Yesso Naik said solar power continues to dominate India’s renewable energy landscape with an installed capacity of 162.15 GW. It is followed by wind power (57.44 GW) and large hydropower (57.24 GW), while bio power contributes 11.75 GW to the country’s renewable energy portfolio.
The minister informed Parliament that India’s total non-fossil fuel-based electricity capacity stood at 297.36 GW as of June 30, 2026. This includes 288.58 GW of renewable energy and 8.78 GW of nuclear power, highlighting the country’s steady transition towards cleaner sources of electricity.
The renewable energy sector has also attracted substantial investments over the past decade. Between FY2014 and FY2026, India received USD 45.72 billion in Foreign Direct Investment (FDI) in renewable energy. During the same period, domestic financial institutions—including 12 public sector banks, IREDA, Power Finance Corporation (PFC), REC, India Infrastructure Finance Company Limited (IIFCL), National Bank for Financing Infrastructure and Development (NaBFID) and SIDBI—collectively deployed Rs 12.32 lakh crore to support renewable energy projects.
The government said India remains well on track to achieve its target of 500 GW of non-fossil fuel energy capacity by 2030. The rapid growth has been supported by significant progress in the domestic manufacturing of solar cells and solar modules, strengthening the country’s clean energy ecosystem and reducing dependence on imports.
Looking ahead, the government believes the next phase of renewable energy expansion will require greater integration of renewable generation, battery storage, transmission infrastructure and grid resilience. Emerging growth areas include green hydrogen, battery energy storage systems (BESS), pumped hydro storage, offshore wind projects and round-the-clock renewable energy solutions.
Renewable energy is also becoming increasingly important for enhancing the competitiveness of industries such as steel, aluminium, chemicals, automobiles and textiles. The government noted that renewable sources contributed nearly one-third of India’s record peak electricity demand of 256 GW, underlining their growing role in ensuring reliable and sustainable power supply.
India’s renewable energy sector continues to record rapid expansion, supported by strong policy initiatives, rising investments and increased domestic manufacturing. With 288.58 GW of installed renewable capacity and continued focus on storage, transmission and clean energy technologies, the country is progressing steadily towards its 500 GW non-fossil fuel capacity target by 2030.
