31 October 2026
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India Achieves 288.58 GW Renewable Energy Capacity, Solar Power Leads Green Growth 

Solar power leads the clean energy expansion as renewable sector attracts $45.72 billion in FDI and ₹12.32 lakh crore in domestic investments, government informs Rajya Sabha. 
India renewable energy transition 2030
Indian Masterminds Stories

NEW DELHI: India’s renewable energy sector has witnessed massive expansion over the past decade, with the country’s installed renewable energy capacity increasing nearly four times from 76.38 GW in 2014 to 288.58 GW as of June 30, 2026.

The growth reflects India’s continued focus on clean energy expansion, reducing dependence on fossil fuels and strengthening its renewable power infrastructure.

The latest figures were shared by Union Minister of State for New and Renewable Energy Shripad Yesso Naik in a written reply to a question in the Rajya Sabha.

Solar Power Leads India’s Renewable Energy Expansion

Solar energy has emerged as the biggest contributor to India’s renewable energy capacity growth.

As of June 30, 2026, the installed renewable energy capacity in the country includes:

  • Solar Power: 162.15 GW
  • Wind Power: 57.44 GW
  • Hydro Power: 57.24 GW
  • Bio Power: 11.75 GW
  • Total Renewable Energy Installed Capacity: 288.58 GW

Solar power accounts for the largest share of India’s renewable energy capacity, followed by wind and hydro power.

read also: NTPC Renewable Energy Invites Bids for 110 MW Wind Energy Project BoS Package at Khavda, Gujarat

India’s Total Non-Fossil Fuel Power Capacity Reaches 297.36 GW

Along with renewable energy sources, India has also expanded its overall non-fossil fuel-based electricity generation capacity.

As of June 30, 2026, the country’s total installed non-fossil fuel electricity capacity stood at 297.36 GW.

This includes:

  • 288.58 GW renewable energy capacity
  • 8.78 GW nuclear power capacity

The rise in non-fossil fuel capacity highlights India’s transition towards cleaner energy sources.

Renewable Energy Sector Attracts $45.72 Billion FDI Since 2014

The renewable energy sector has also received significant investment support over the years.

From Financial Year 2014 to FY 2026, the sector attracted approximately USD 45.72 billion in Foreign Direct Investment (FDI).

The investment inflow has supported the expansion of renewable energy projects, infrastructure development and technology adoption across the country.

Domestic Financial Institutions Invest ₹12.32 Lakh Crore in Green Energy Sector

Apart from foreign investment, domestic financial institutions have played a major role in supporting renewable energy growth.

Between FY 2014 and FY 2026, several financial institutions deployed a combined ₹12.32 lakh crore towards the renewable energy sector.

The institutions include:

  • Public sector banks
  • Indian Renewable Energy Development Agency (IREDA)
  • Power Finance Corporation (PFC)
  • Rural Electrification Corporation (REC)
  • India Infrastructure Finance Company Limited (IIFCL)
  • National Bank for Financing Infrastructure and Development (NaBFID)
  • Small Industries Development Bank of India (SIDBI)

This financial support has helped accelerate renewable energy projects across the country.

India Continues Push Towards Clean Energy Transition

The rapid increase in renewable energy capacity reflects India’s efforts to expand clean power generation and promote sustainable development.

With strong growth in solar, wind, hydro and bio-energy sectors, India is strengthening its position as one of the world’s major renewable energy markets.

The government’s focus on investment, infrastructure development and policy support is expected to further drive renewable energy expansion in the coming years.

read also: PM Modi Inaugurates 1000 MW Bikaner Solar Project by SJVN, Boosting India’s Renewable Energy Capacity


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