India is planning to set up 500 GW of new renewable energy generation capacity by 2030.

18.48 GW

Renewable Energy capacity is added during FY 2023–24

$19.98 Bn

FDI attracted during April 2020 to September 2024

40%

Cumulative electric power installed capacity from non-fossil fuels

33-35%

emissions intensity of GDP reduced from the 2005 level as a part of Nationally Determined Contribution

500 GW target (by 2030)

India’s COP26 commitment to non-fossil fuel capacity.

205.52 GW installed capacity (Nov 2024)

Accounts for 42% of the country’s total power generation.

396% growth (last 8.5 years)

Reflects rapid diversification away from fossil fuels.

94.16 GW solar capacity (Nov 2024)

Achieved through a 30-fold increase since 2014.

120+ ISA signatories

Global collaboration under the International Solar Alliance.

National Institute of Solar Energy

1800 233 4477

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National Institute of Solar Energy, an autonomous institution of Ministry of New and Renewable Energy (MNRE), is the apex R&D institution in the field solar energy.

Solar Energy Corporation of India

+91-11- 71989236

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The state-run agency drives implementation of grid connected solar roof-top schemes, among others.

India Energy Storage Alliance

+91-9699719818

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IESA promotes Electric Energy Storage (EES) and microgrid technologies and their applications in India.

Indian Wind Power Association

+91-44 - 4550 4036

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Supports wind power development and creation of an enabling regulatory and policy environment for investments in this sector.

India Renewable Energy Development Agency

+91-11-26717400 - 26717412

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To give financial support to specific projects and schemes for generating electricity and / or energy through new and renewable sources and conserving energy through energy efficiency.

Skill Council for Green Jobs

+91-11-41792866

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Mission: To identify skilling needs of service users as well as manufacturers/ service providers, within Green Businesses sector.

Investment Opportunities

  • US$1.3bn allocated for building 50 solar parks of 40 GW by 2020.
  • Programme to upgrade watermills and micro hydro projects.
  • Renewable energy storage units design and manufacturing.
  • Investments in provision of solar pumps for agriculture and irrigation.
  • Renewable power driven transport systems and infrastructure.
  • Investment of up to US$100bn in renewable energy over next 7 years.

Key Investors

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive and capital establishments

ENABLING ENVIRONMENT

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments

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