Renewable Energy Roars: India Adds a Record 25 GW in FY25

The Ministry of New and Renewable Energy (MNRE) achieved a significant milestone in FY25 by adding 25 GW of renewable energy capacity, marking a 35% increase from the previous year’s 18.57 GW.

Solar power led the growth, with capacity additions rising from 15 GW in FY24 to nearly 21 GW in FY25, reflecting a 38% increase. India also crossed the 100 GW mark in installed solar capacity. The country’s solar module manufacturing capacity nearly doubled from 38 GW to 74 GW, while solar PV cell manufacturing capacity tripled from 9 GW to 25 GW. Additionally, India’s first ingot-wafer manufacturing facility with a 2 GW capacity began production. The Production Linked Incentive (PLI) Scheme for high-efficiency solar PV modules attracted investments totaling Rs 41,000 crore, generating approximately 11,650 jobs.

In the green hydrogen sector, Rs 2,220 crore in incentives were awarded for manufacturing 1,500 MW per annum of electrolysers, and Rs 2,239 crore was allocated for producing 4,50,000 tons per annum of green hydrogen. Under the National Green Hydrogen Mission, Rs 454 crore funded seven pilot projects aimed at decarbonizing the steel sector, while Rs 208 crore supported five projects in the transport sector, introducing 37 hydrogen-powered vehicles and establishing nine hydrogen refueling stations.

Under the PM-KUSUM Scheme, Component B saw the installation of 4.4 lakh pumps, a 4.2-fold increase over FY24. In Component C, 2.6 lakh pumps were solarized, 25 times more than the previous year. The scheme has now surpassed 10 lakh solar pumps, with total financial expenditure rising to Rs 2,680 crore.

News by Rahul Yelligetti.