Overview
- The Ministry of New and Renewable Energy reported about 300.5 GW of non‑fossil installed capacity as of July 31, 2026, with solar at roughly 164.6 GW and wind at about 58.1 GW.
- Union minister Pralhad Joshi told a BRESE 2026 roadshow that India will need more than ₹30 lakh crore in the next five years and wants Mumbai to help attract domestic and private finance.
- India added more than 17 GW of renewable capacity in the first four months of fiscal 2026–27, including about 14.33 GW of solar, showing rapid near‑term deployment.
- Officials and industry leaders say slow expansion of transmission lines and substations is causing higher curtailment of clean power and prompting developers to pair new solar projects with battery storage.
- With roughly 199.5 GW still required to reach the 500 GW target by 2030, policymakers expect the next phase to shift investment toward storage, transmission, manufacturing, and distributed programs such as rooftop and agricultural solar to improve grid use and reliability.