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Snapshot

Creating a sustainable world

In 2019, India was ranked as the fourth most attractive renewable energy market in the world.

The country has set an ambitious target of 175 GW of renewable power by 2022, which includes: 

  • 100 GW of Solar power
  • 60 GW from Wind power
  • 10 GW from Biomass power
  • 5 GW from Small Hydro power

This is the world's largest expansion plan in renewable energy.

Up to 100% FDI is allowed under the automatic route for renewable energy generation and distribution projects subject to provisions of The Electricity Act, 2003.
For further details, please refer FDI Policy

  • + GW

    Renewable energy potential in India

  • GW

    Installed renewable energy capacity (as of August 2019)

  • %

    Share in total installed capacity

  • %

    Increase in renewable installed capacity (FY 2013-14 to FY 2018-19)

A

5th largest installed capacity of renewable energy in the world

4th largest installed capacity of wind power in the world

C

5th largest installed capacity of solar power in the world

Industry Scenario

Renewable energy sources have a combined installed capacity of 81+ GW, pegged at around 22% of the country's total energy capacity.

Wind power accounted for the highest at 46% (around 36 GW), followed by solar with a share of 36% (30 GW). The remaining market was captured by biomass at 12% (9 GW) and small hydro projects catering to 6% (5 GW). Wind energy capacity in India has increased by 1.7 times in the last 4 years. Further to this, record 100 bn+ units of renewable electricity generating last year. 

Solar power capacity has increased by more than 11 times in the last five years from 2.6 GW to 28.18 GW in March 2019.

  • 42 solar parks of aggregate capacity 23,499 MW have been approved in 17 states up to March 2019
  • Kurnool (1,000 MW) and Bhadla-II (648 MW) Solar Parks are fully operational
  • Largest Solar Park of 2,000 MW in Pavagada is under installation

Growth Drivers

  • Government commitments

    Reduce the emissions intensity of GDP by 33% - 35% below the 2005 levels and increase share of non-fossil fuel in total capacity to ~40% by 2030

  • Proposed solar cities and parks

    60 solar cities approved and $1.3 bn allocated for setting up 50 solar parks of 40GW by 2020

  • New areas of opportunities

    Wind – Solar Hybrid, Off-shore Wind Energy, Floating PV Projects

Major Investors

Data On Map

Renewable Energy India

Gallery

May 29, 2020WAIPA COVID-19 Interviews | Deepak Bagla, MD & CEO, Invest India and VP of WAIPA
Dec 21, 2016How Solar Power Can Help India Become A Supe…How Solar Power Can Help India Become A Super-power | Kunal Munshi | TEDxSMIT
May 29, 2020WAIPA COVID-19 Interviews | Deepak Bagla, MD…WAIPA COVID-19 Interviews | Deepak Bagla, MD & CEO, Invest India and VP of WAIPA
May 28, 2020CIM Sh. Piyush Goyal spoke about FM's announ…CIM Sh. Piyush Goyal spoke about FM's announcement on reform measures under Aatma Nirbhar Bharat Abhiyan and Railways running Shramik Special trains

Latest News

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May 26, 2020

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May 20, 2020

MNRE issues draft guidelines for off-grid solar power plants scheme

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May 04, 2020

India offers land twice Luxembourg’s size to firms leaving China

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Apr 07, 2020

French firm Total's arm invests Rs 3.7K cr to form JV with Adani Group

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Mar 19, 2020

Tata Power expands rooftop solar service to 90 cities across India

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FAQ

Frequently
Asked Questions

How many states are classified under solar city development programme?

Under the 'Development of Solar Cities Programme', there are in total 60 solar cities identified.

For more information, click here.

What is a solar city?

The Solar City aims at minimum 10% reduction in projected demand of conventional energy at the end of five years, through a combination of enhancing supply from renewable energy sources in the city and energy efficiency measures. The basic aim is to motivate the local Governments for adopting renewable energy technologies and energy efficiency measures.

For more information, click here.

What are the new technologies undertaken by the government in this sector?

The Ministry of New and Renewable Energy (MNRE) has taken up various programmes on new technologies. As part of these programmes, various projects pertinent to research, development and demonstration have been initiated. These initiatives have been at various research, scientific and educational institutes, universities, national laboratories, industry, etc. These projects are helping in the development of indigenous research and industrial base, expertise, trained manpower and prototypes/devices/systems in the country

a. Hydrogen Energy
b. Chemical Sources of Energy (Fuel Cells)
c. Battery Operated Vehicles
d. Geo Thermal Energy
e. Ocean Energy
f. Biofuels

What is strategy related to R&D?

R&D for technology development in industry -driven and goal oriented.

1. Involvement of industry and scientific establishment.
2. Access technological development elsewhere avoiding 'Reinventing the wheel'.
3. Indigenous R&D for new and emerging technologies and improvement of available technologies.
4. Time bound specific tasks for identified R&D activities to be assigned to recognized / identified industry and institutions with clear understanding on the achievement of results.

What is the state-wise electricity generation capacity?

The electricity generation capacity is listed state wise, which can be accessed from the link.

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Market Research

Invest India Timeline

2020

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