Is India on Track to Achieve 500 GW of Non-Fossil Capacity?

Synopsis
Key Takeaways
- India's non-fossil capacity has reached 251.5 GW.
- Target of 500 GW by 2030 is on track.
- Commitment to establish a Swadeshi solar value chain.
- Focus on indigenous solar cell manufacturing by 2028.
- Achievements bolster India’s position in clean energy manufacturing.
In New Delhi, on September 11, Union Minister for New and Renewable Energy, Pralhad Joshi, announced that India's ambitious goal to achieve 500 GW of non-fossil capacity by 2030 is on track, with the nation surpassing 251.5 GW of non-fossil capacity. Joshi emphasized that India is committed to establishing a complete Swadeshi solar value chain, aiming for indigenous solar cell manufacturing by 2028.
During the ‘State Review Meeting on Renewable Energy’ hosted by the Ministry of New and Renewable Energy, he highlighted that the country is not just focusing on modules but is also developing domestic capabilities for wafers and ingots, which will help in creating a robust solar manufacturing ecosystem within India.
According to the minister, this initiative will decrease import reliance, create jobs, attract investments, and enhance India’s stature as a global frontrunner in clean energy manufacturing.
He commended the states for their significant strides in renewable energy initiatives, stating that these efforts are solidifying India’s global leadership in this domain.
Joshi credited the accomplishments to the visionary leadership of Prime Minister Narendra Modi, which has revolutionized India's growth in clean energy and domestic manufacturing in the renewable energy (RE) sector, propelling the nation towards Viksit Bharat.
He pointed out that nearly 20 lakh households have benefitted from the PM Surya Ghar Muft Bijli Yojana.
Furthermore, he urged states and distribution companies (discoms) to ensure compliance with quality standards, expedite agreements, and provide optimal tariff credits to consumers.
Regarding the PM-KUSUM scheme, he observed that, initially hesitant, the scheme is now gaining momentum across states, with Chief Ministers requesting additional allocations. He announced that the second phase of PM-KUSUM will kick off after the current phase concludes in March 2026.
Most notably, the minister highlighted that India has achieved the milestone of 50 percent of its installed electricity capacity sourced from non-fossil fuels, surpassing the target five years ahead of schedule.