India has added a staggering 23 gigawatts (GW) of renewable energy capacity in just the first five months of the 2025-26 fiscal year, Union Minister for New and Renewable Energy Pralhad Joshi announced at the FT Live Energy Transition Summit in New Delhi on Tuesday. This remarkable achievement underscores India’s ambitious pursuit of its 2030 target of 500 GW of renewable energy capacity, a goal that is now more than halfway realized.

Speaking to an audience that included international delegates, Joshi highlighted India’s rapid progress in clean energy. As of September 2025, the country’s non-fossil fuel capacity stands at an impressive 252 GW, accounting for over 50% of its total installed electricity capacity. This milestone, achieved five years ahead of India’s Nationally Determined Contributions (NDCs) under the Paris Agreement, positions India as a global leader in renewable energy among G20 nations. “No other G20 country has met its 2030 climate goals as early as India did in 2021,” Joshi proudly noted.

A key driver of this success is the PM Surya Ghar Muft Bijli Yojana, a flagship scheme that has solarized 2 million homes—20% of the targeted 10 million—since its launch. This initiative is set to add 30 GW of solar capacity through rooftop installations, empowering millions of households to become producers of clean energy. “The scale of this program is unprecedented, surpassing the populations of countries like Austria or Singapore,” Joshi said, emphasizing the transformative impact of the scheme.

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India’s renewable energy sector has seen exponential growth, fueled by bold policy measures and investments. Between March 2024 and March 2025, the country doubled its solar module manufacturing capacity to 100 GW and tripled its photovoltaic (PV) cell manufacturing capacity from 9 GW to 27 GW. These advancements, driven by Production-Linked Incentive (PLI) schemes, competitive bidding, and regulatory reforms, have solidified India’s position as a global hub for renewable energy innovation.

Joshi also highlighted the rapid expansion of solar, wind, and green hydrogen projects, which have positioned India as a force to be reckoned with in the global energy transition. “Our journey is not just about numbers; it’s about empowering communities, reducing carbon emissions, and building a sustainable future for generations to come,” he said. As India continues its march toward 500 GW by 2030, the world watches in awe at the scale and speed of its renewable energy revolution.

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