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

  • 1000 + GW

    Renewable energy potential in India

  • 81 GW

    Installed renewable energy capacity (as of August 2019)

  • 22 %

    Share in total installed capacity

  • 137 %

    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
  • Open

    (Amendment 2019) Development of Solar Pa…

    Modifications in timeline of development of solar parks

  • Open

    Amendment to the Guidelines for Tariff B…

    The Ministry of New and Renewable Energy amended the bidding…

  • Open

    Draft Model Regulation for Grid Interact…

    Guidelines for grid interactive distributed renewable energy…

  • Open

    Generation based Incentives

    The objectives of this policy is to broaden the investor bas…

  • Open

    Guidelines for New National Biogas and O…

    The Ministry of New and Renewable Energy released the guidel…

  • Open

    National Offshore Wind Energy Policy

    This policy document is the primary policy decision-making d…

  • Open

    National Policy on Biofuels

    The Policy aims at mainstreaming of biofuels and, therefore,…

  • Open

    National Wind-Solar Hybrid Policy

    To promote large grid connected wind-solar PV hybrid system.…

  • Open

    Schemes for Biogas Power Projects

    In order to promote this route of power generation,a number…

  • Open

    Schemes for Biomass Gasification Project…

    It aims for implementation of the Biomass Gasifier based Pro…

  • Open

    Schemes for Biomass Power Projects

    Scheme to promotion of Grid interactive Biomass power and Ba…

  • Open

    Schemes for Small Hydro Power Projects

    Ministry of New and Renewable Energy has been vested with th…

  • Open

    Schemes for Solar Power Plants

    Government of India launched this scheme to promote ecologic…

  • Open

    Schemes for Wind Power Projects

    Sanction for the 'Scheme for setting up of 2000 MW ISTS-conn…

Investible Projects

Investment Opportunities in Renewable Energy

  • Projects

    8

  • Opportunity

    $97.41 mn

  • Promoters

    8

  • District

    8

  • Private Projects

    1

  • Govt. Projects

    7

open

$66.76 mn

Waste to Energy Project [Indore]

State (s) Madhya Pradesh
open

$21.17 mn

Waste to Energy Project [Aligarh]

State (s) Uttar Pradesh
open

$2.54 mn

Waste to Energy Project [Warangal]

State (s) Telangana
open

$2.54 mn

Renewable Energy/Power Project in Andhra Pradesh

State (s) Andhra Pradesh

Major Investors

Data on Map

  • Renewable Energy India
  • Wind Energy in India
  • Solar Industry in India
  • Solar Energy in India

Latest in Renewable Energy

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 are the focus areas of the sector?

    Research, design and development efforts should invariably lead to manufacture of complete systems, even if these efforts are required to be shared among different institutions. Thus, there would be a need for system integration broadly covering the following areas: -

    1. Alternate Fuels (hydrogen, bio & synthetic) to supplement and eventually substitute liquid hydrocarbons;
    2. Green Initiative for Future Transport (GIFT) based on Alternate Fuels for land, air & sea applications to supplement and eventually substitute fossil-fuel systems;
    3. Green Initiative for Power Generation (GIPS) based on Alternate Fuels for stationary & portable power generation applications to supplement and eventually substitute fossil-fuel systems;
    4. Standalone new and renewable energy products to provide cost-effective energy for cooking, lighting and motive power;
    5. Distributed new and renewable energy systems to provide cost-competitive energy supply options for cooking, lighting and motive power;
    6. New and renewable energy products for urban, industrial and commercial applications, including energy recovery from urban and industrial wastes and effluents; and
    7. MW scale grid interactive renewable electricity systems to contribute towards supplement and eventually substitute fossil-fuel based electricity generation.

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