The Rise of India’s Renewable Energy Market

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India invests enormous resources in developing green infrastructure while promoting ambitious climate policy and increasing solar technologies, wind, green hydrogen and storage.
With a population of more than 1.4 billion people and a rapidly growing industry, this transition is not only environmental but an integral part of India’s economic vision, seeking to establish itself as a power in clean energy.

Indias transition to renewable energy is supported by data indicating a significant change in the country’s energy policy.
As of 2025, production capacity from non-fossil sources stands at more than 220 gigawatts, on the way to a goal of 500 gigawatts by 2030.
In 2024 24.5 gigawatts of solar energy and 3.4 gigawatts of wind were added while solar installations doubled compared to the previous year.

The country invests in developing production lines for solar panels, wind turbines, and electrolyzers as part of the effort to establish an independent industry.
At the same time, advanced technologies are promoted such as next generation solar cells, AI based storage solutions, floating solar systems and agrivoltaics.
In the field of green hydrogen, progress has been recorded with investments in production and infrastructure for future use in transportation and industry.

These create a dynamic market based on local consumption and the aspiration to become a regional export center for green technologies.
To enable the renewable energy market to continue expanding, India promotes mechanisms to ease the entry of international players.
One of the main bodies offers support for foreign companies, from regulatory consulting and navigating licensing procedures to connecting with local partners and identifying opportunities in regional projects.

Indias transition to renewable energy creates opportunities for international cooperation in areas. The national green hydrogen program includes investments of about 2.3 billion dollars and aims to produce five million tons of green hydrogen per year by 2030.
According to data from India’s energy ministry, projects totaling more than 169 gigawatts are in planning and execution stages alongside 65 gigawatts offered in tenders.

This is a large market with high demand for integrated solutions in production, storage, smart transmission and industrial uses.
The country invests in expanding production capacity of equipment and components for the industry, including solar panels, batteries, storage components and electrolyzers.
This investment is expected to reduce costs and make India a supplier for developing markets.
India ranks among the top five countries in the world in solar production capacity with one of the highest growth rates in the sector.

The move led by India in renewable energy combines environmental vision, technological perspective, and long term economic planning.
It is a developing market and a comprehensive strategy aimed at turning clean energy into a national growth engine.
For companies and entrepreneurs, a significant window of opportunity is opening in the Indian market.

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