India's power sector is entering a transformative phase focused on growth and clean energy, as indicated by the Long-Term National Resource Adequacy Plan for 2026-2036. With installed capacity reaching 520.5 GW, over half from non-fossil fuels, the country emphasizes renewable energy, energy storage, and grid efficiency to ensure reliability and sustainability.

In 2025, renewable energy comprised nearly half of the global power capacity, driven by a record addition of 692 GW, predominantly from solar energy. Asia, particularly China, led this growth, highlighting a shift towards clean energy. However, progress remains uneven, with major regions dominating contributions and challenges persisting in infrastructure and storage.

India has reached a significant milestone of approximately 150 GW of installed solar photovoltaic capacity by March 2026, fueled by robust policies and investments. With 14.45 GW added in Q1 2026, a year-on-year growth of 85.7%, the country solidifies its position as the third-largest solar market globally, enhancing domestic manufacturing and energy self-reliance.

India's renewable energy sector is experiencing significant growth, particularly in solar power, which currently accounts for over 67% of the renewable capacity. By March 2026, solar installations reached 150.26 GW, with rapid additions noted in early 2026. Wind energy also contributes, together forming over 92% of the total capacity. Government support drives this momentum, though challenges like land acquisition and supply chain issues persist. Overall, the outlook for India's renewable sector remains highly positive.