India adds 15-25 GW of renewable capacity annually, among fastest globally: MNRE

India continues to add 15-25 gigawatt (GW) of new renewable capacity annually, a rate that remains among the fastest in the world, according to the Ministry of New and Renewable Energy (MNRE).

The ministry, however, added that global headwinds such as supply-chain disruptions, fluctuating module prices, and tighter financing conditions have slowed commissioning timelines.

India’s renewable growth story remains one of the fastest and most forward-looking in the world, evolving from speed to system strength, from quantity to quality, and from expansion to enduring integration, the ministry added.