Featured in Purchasing power – 04-2025

India’s next 100 GW

India marked a major milestone in the renewable energy (RE) space in January 2025, when installed solar capacity hit 100 GW. Solar installations show no sign of slowing as the year moves forward, writes Sehul Bhatt, of ratings agency Crisil.
A rooftop solar array at the All India Institute of Medical Sciences, in Kalyani. The Indian government has ambitious targets for rooftop installations. | Photo: Shuvendu Khan

 Indian RE capacity additions surged to a historic high of 27 GW in 2024, according to data from India’s Ministry of New and Renewable Energy (MNRE).The milestone sets the stage for the domestic renewable energy sector to continue its rapid expansion through 2025, with growth driven by a combination of large-scale utility projects and rising …

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