India’s renewable energy capacity jumps 123% till August, on track to surpass 35 GW in FY2026
NEW DELHI: India’s renewable energy capacity, which primarily includes electricity from solar and wind, has registered 123% growth in capacity addition in the first five months of the current fiscal year (FY2025-26), reaching 20.1 gigawatts (GW). According to an ICRA report, this is up from 9.0 GW in the same period last year.
The report mentioned that this growth, driven by a large project pipeline and favourable market conditions, positions the sector to scale up to over 35.0 GW in FY2026. The growth momentum follows a strong performance in FY2025, where capacity addition rose to 28.7 GW from 18.5 GW in FY2024.
