India on track for 500 GW green energy by 2030: Pralhad Joshi
Synopsis
While global clean energy investment dipped 7 per cent, India kept attracting capital — and Minister Pralhad Joshi used the CII summit to make the case that India's 500 GW target by 2030 is not just feasible but foundational to its industrial competitiveness.
Key Takeaways
Minister Pralhad Joshi confirmed India is on track for 500 GW non-fossil fuel capacity by 2030 .
Non-fossil capacity grew from 81 GW in 2014 to 288 GW today — a 256% increase .
Solar capacity rose from 2.8 GW to 155 GW ; wind capacity from 21 GW to 56.4 GW .
India attracted strong renewable investment even as global flows fell by 7 per cent .
Renewable energy met nearly one-third of India's record peak demand of 256 GW .
Key policy steps include Carbon Credit Certificate Regulations, 2026 and long-term green ammonia procurement agreements.
India is well on track to achieve its target of 500 GW of non-fossil fuel energy capacity by 2030, New and Renewable Energy Minister Pralhad Joshi said on Tuesday, 12 May, addressing the Confederation of Indian Industry (CII) annual business summit in New Delhi. The minister described India's green energy journey as simultaneously building a globally competitive, innovation-driven and self-reliant energy ecosystem.
India's Renewable Energy Growth in Numbers
India's non-fossil fuel capacity has surged from 81 GW in 2014 to 288 GW at present — a growth of over 256 per cent. Solar energy capacity has risen from 2.8 GW to 155 GW, while wind energy capacity has grown from 21 GW to 56.4 GW over the same period. Notably, renewable energy contributed nearly one-third of India's record peak power demand of 256 GW — the highest ever recorded.
India Bucks Global Investment Decline
At a time when global renewable energy investments declined by around 7 per cent, India continued to attract strong investment flows, according to Joshi. The minister said this underscores growing global confidence in India's clean energy trajectory and reflects the effectiveness of the public-private partnership model that has driven the sector's expansion. He credited industry stakeholders as central to this progress, stating:
Point of View
A pace that will stress grid infrastructure, storage availability and transmission buildout simultaneously. Joshi's emphasis on 'deeper integration of generation, storage and transmission' signals that the government knows the easy wins are behind it. The harder question — whether domestic manufacturing of batteries, electrolysers and offshore wind components can scale fast enough — went largely unanswered at the CII summit.
NationPress
10 Aug 2026
Frequently Asked Questions
Is India on track to achieve 500 GW renewable energy by 2030?
Yes, according to New and Renewable Energy Minister Pralhad Joshi, India is well on track to meet its 500 GW non-fossil fuel capacity target by 2030. Non-fossil capacity has already grown from 81 GW in 2014 to 288 GW at present, a rise of over 256 per cent.
How much has India's solar and wind capacity grown?
India's solar energy capacity has grown from 2.8 GW in 2014 to 155 GW, while wind energy capacity has increased from 21 GW to 56.4 GW over the same period. Together, these form the backbone of India's renewable energy expansion.
What are the next priorities for India's renewable energy sector?
Minister Joshi highlighted that the next phase will require deeper integration of generation, storage and transmission systems, along with enhanced grid resilience. Emerging areas such as green hydrogen, battery storage, pumped hydro, offshore wind and round-the-clock renewable solutions are key focus areas.
What major policy measures has India introduced to support renewable energy?
India has introduced Carbon Credit Certificate Regulations 2026, long-term Renewable Consumption Obligation trajectories, green ammonia procurement agreements, a standardised warranty framework for solar PV modules, and tax and duty reforms supporting domestic manufacturing.
What is the Renewable Energy Global Investors Meet?
It is an upcoming international investment event that Minister Joshi invited industry stakeholders and global investors to attend. The meet is scheduled later in 2025 and aims to channel further global capital into India's clean energy sector.
