Promonique
Promonique
Rayzon
Rayzon
EPR Subscription Banner
EPR Subscription Banner
Home » Renewables » India sets new record with 25 GW renewable energy addition in FY25

India sets new record with 25 GW renewable energy addition in FY25

By April 2, 2025 6:46 pm IST

India sets new record with 25 GW renewable energy addition in FY25
.

India’s solar power sector led the renewable energy growth, with capacity additions soaring from 15 GW in FY24 to nearly 21 GW in FY25, a remarkable 38 percent increase.

The Ministry of New and Renewable Energy (MNRE) achieved historic milestone in the renewable energy sector for the financial year 2024-25. Under the leadership of Prime Minister Narendra Modi, the country has added an unprecedented 25 GW of renewable energy capacity, marking an increase of nearly 35 percent over the previous year’s addition of 18.57 GW.

Solar Sector Drives Renewable Surge

India’s solar power sector led the renewable energy growth, with capacity additions soaring from 15 GW in FY24 to nearly 21 GW in FY25, a remarkable 38 percent increase. The country also achieved the significant milestone of surpassing 100 GW of installed solar capacity this year.

Domestic Solar Manufacturing Scales New Heights

In a strong push towards Atmanirbharta, India’s solar module manufacturing capacity nearly doubled from 38 GW in March 2024 to 74 GW in March 2025, while solar PV cell manufacturing capacity tripled from 9 GW to 25 GW. Additionally, the country’s first ingot-wafer manufacturing facility (2 GW) commenced production in FY25. Under the Production Linked Incentive (PLI) Scheme for High-Efficiency Solar PV Modules, investments worth ₹41,000 crore have been made, generating direct employment for approximately 11,650 people.

PM Surya Ghar Muft Bijli Yojana Sees Widespread Impact

The PM Surya Ghar Muft Bijli Yojana witnessed impressive progress, benefiting over 11.01 lakh households by March 31, 2025. Under the scheme, ₹5,437.20 crore has been disbursed as Central Financial Assistance to 6.98 lakh beneficiaries, significantly promoting the adoption of rooftop solar.

Advertising

EPR Android App Banner

Green Hydrogen Sector Gains Momentum

India’s Green Hydrogen sector also saw significant developments. Incentives worth ₹2,220 crore were awarded for 1,500 MW per annum of electrolyser manufacturing, while an additional ₹2,239 crore was allocated for 4,50,000 tons-per-annum (TPA) of Green Hydrogen production. Under the National Green Hydrogen Mission, seven pilot projects were funded with ₹454 crore for decarbonising the steel sector. Additionally, five pilot projects in the transport sector, with ₹208 crore in funding, will introduce 37 hydrogen-fueled vehicles and nine hydrogen refueling stations.

Record Progress Under PM-KUSUM Scheme

The PM KUSUM Scheme witnessed record progress. In Component B, 4.4 lakh pumps were installed in FY25, a 4.2-fold increase over the previous year. In Component C, 2.6 lakh pumps were solarised, 25 times more than in FY24. The total number of solar pumps installed/solarised under the scheme has now exceeded 10 lakh. Financial expenditure for PM-KUSUM surged to ₹2,680 crore, a 268 percent  increase from the previous year.

The Indian Renewable Energy Development Agency (IREDA) continues to play a crucial role in financing clean energy projects. In FY25, IREDA recorded a 27 percent increase in loan sanctions, reaching ₹47,453 crore, while loan disbursements rose by 20 percent to ₹30,168 crore.

Union Minister of New and Renewable Energy, Prahlad Joshi, said, “India may have already become or will soon become the third-largest renewable energy capacity holder in the world. This milestone is a testament to Prime Minister Modi’s vision for a sustainable and self-reliant energy future.”

These remarkable achievements reaffirm India’s commitment to its clean energy transition and its leadership in the global renewable energy sector.

Cookie Consent

We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

Android App
Android App

Events

RenewX
RenewX
Wiretech 2025
Wiretech 2025
Power Gen
Power Gen
India Green Energy Expo
India Green Energy Expo

Our Sponsors

Our Sponsors

Wika
Wika
Ramelex
Ramelex
Rayzon Solar Pvt Ltd
Rayzon Solar Pvt Ltd
Akansha
Akansha
Andritz Hydro Pvt Ltd
Andritz Hydro Pvt Ltd
Vyoma Switchgear
Vyoma Switchgear
Skipper Limited
Skipper Limited
Joint Well
Joint Well
Kp Group
Kp Group
Credence Solar
Credence Solar
Grew Solar
Grew Solar
Nirmal
Nirmal
Meco Instruments Pvt Ltd
Meco Instruments Pvt Ltd
Novasys
Novasys
HPL Electric Power
HPL Electric Power
Sun Bond
Sun Bond
Supremesolar
Supremesolar
Vsole Solar
Vsole Solar
Elev8 Lift
Elev8 Lift
Power trac Group
Power trac Group
Omicron
Omicron
Ganz Electric
Ganz Electric
Eplan
Eplan
Aeron Composite Pvt Ltd
Aeron Composite Pvt Ltd
Eaton
Eaton
A-1 ELECTRICALS
A-1 ELECTRICALS
Ashone Technologies
Ashone Technologies
MENNEKES Electric India
MENNEKES Electric India
PRAMA HIKVISION INDIA
PRAMA HIKVISION INDIA
Motwane Manufacturing
Motwane Manufacturing
Sun Cables
Sun Cables