Key Takeaways
- India’s renewable energy capacity grew from 76.38 GW in 2014 to 288.58 GW by June 2026.
- The total non-fossil fuel-based electricity capacity in India reached 297.36 GW, including nuclear power.
- Since FY14, the renewable energy sector attracted USD 45.72 billion in Foreign Direct Investment.
Renewable Energy Growth in India
India has experienced significant growth in renewable energy capacity, according to a report presented in Parliament. As of June 2026, the country’s installed renewable energy capacity reached 288.58 GW, a substantial increase from 76.38 GW in 2014. This total comprises 162.15 GW from solar power, 57.44 GW from wind energy, 11.75 GW from bio energy, and 57.24 GW from hydro power.
Minister of State for New & Renewable Energy, Shripad Yesso Naik, disclosed that the overall non-fossil fuel-based electricity capacity in India has surged to 297.36 GW. This figure includes not only the renewable sector’s capacity but also 8.78 GW from nuclear power.
The report also highlighted financial investments in the sector. Since the fiscal year 2014, the renewable energy industry has attracted USD 45.72 billion in Foreign Direct Investment. Additionally, various domestic financial institutions, including 12 public sector banks and other agencies, have allocated significant funds amounting to Rs 12.32 lakh crore to support renewable energy initiatives.
This substantial investment and growth indicate India’s commitment to enhancing its clean energy portfolio, aligning with global efforts to move towards sustainable energy solutions. The government has also extended exemptions for net metering and open access for renewable energy projects until December, reinforcing its support for the sector.
The rising capacity and investment showcase India’s aim to lead in the renewable energy landscape while contributing to energy security and sustainability.
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