India’s renewable energy capacity is projected to reach around 530 GW by 2030, with solar power accounting for more than 80 per cent of additions, according to the International Energy Agency (IEA). The country’s renewable power capacity surpassed 300 GW in Q4 2026, nearly quadrupling over the past decade.

India achieved its target of sourcing 50 per cent of installed power capacity from non-fossil fuel sources in 2025, five years ahead of schedule. It has also become the world’s fourth-largest liquid biofuel market, with production increasing sixfold between 2020 and 2025, supported by policy measures, infrastructure investment and long-term planning.

The IEA said renewable energy is strengthening India’s energy security by reducing dependence on imported fossil fuels. Without solar PV, wind and bioenergy capacity added since 2010, coal imports in 2025 would have been about 110 mn t higher, while the import dependence of electricity generation would have exceeded 30 per cent. Renewable electricity helped save more than USD 100 bn in cumulative coal and natural gas import expenditure between 2011 and 2025.

Solar PV capacity is projected to exceed 350 GW by 2030, while wind capacity could approach 90 GW and hydropower capacity may reach 75 GW. Renewable generation, which exceeded 500 TWh in 2025, is expected to approach 950 TWh by 2030 and meet about 35 per cent of electricity demand. Distributed solar capacity for self-consumption is also projected to exceed 100 GW, supported by rooftop installations, agricultural applications and corporate procurement.

The IEA identified transmission expansion, energy storage, forecasting systems and power system flexibility as key requirements for integrating higher shares of variable renewable energy. It also highlighted the need to strengthen distribution companies, streamline land acquisition and permitting, and reduce delays in wind and hydropower projects. India’s solar manufacturing capacity reached about 225 GW in September 2026 and is expected to expand further, supported by industrial policies including the Production Linked Incentive scheme and domestic sourcing requirements.