Renewable Energy Diaries.
With a market valued at 23.9 billion USD, India’s renewable energy market is set to double in the next 8 years, making it one of the fastest-growing sectors in the country.
The growing trend of sustainability in the face of climate change has impacted both the fuel industry and energy production by a larger margin. The demand for an environmentally friendly approach has caused a shift in the Energy Centre of India.
Current Status:
India’s renewable power capacity has reached 252 GW as of September 2025.
Non-fossil power capacity has increased to more than 50%, indicating that India has more power from renewable sources, bringing fossil‑fuel (mainly coal, gas, etc.) based capacity is now just under 50%.
Most of India’s renewable power comes from solar and hydropower, with wind energy adding about 50 GW to the total supply.
The Government now aims to expand rapidly over the next five years in more solar and wind farms, hydropower plants, and rooftop panels.
With the government’s official headline goal, “500 GW of installed non‑fossil fuel (clean) capacity by 2030”, India will have to approximately double the current capacity over the next few years to meet its statement.
Currently, the Indian market for the industry is dominated by major players like Adani Green Energy, ReNew Energy Global, Tata Power Renewable Energy, and public-sector firms like NTPC Green Energy.
Since the industry plays a crucial role in the country's development, the Government has begun to provide various incentives like Production-Linked Incentives, tax Benefits, subsidies for Rooftop Solar, soft loans and green financing.
Meaning, the Government offers Subsidies, lower rates on loans and guaranteed buyers to encourage businesses to adopt Renewable energy.
This push is not solely about power, it's about self-reliance, reducing the amount of imported fuel, and becoming self-sufficient as a country.