India Renewable Energy Sector Report 2024-2025

India's renewable energy sector stands as one of the most rapidly expanding globally, buoyed by exceptional solar and wind resource availability and robust government policies. As of 2022, the International Renewable Energy Agency (IRENA) ranked India as the world's fourth-largest market for renewable energy based on installed capacity. Renewable sources contributed to nearly 42% of India's total installed power capacity in 2023, with solar energy leading the renewable mix at approximately 73 GW, accounting for 40% of the renewable portfolio. The recent revision of the Nationally Determined Contribution (NDC) targets achieving around 50% of the cumulative electric power capacity from non-fossil-based energy resources by 2030. Furthermore, renewable energy accounted for 21% of India's total electricity generation in 2022, underscoring the country's commitment to transitioning towards a more sustainable energy future.

This report provides a complete and detailed analysis of the "Renewable energy" sector for India. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Renewable energy" sector in India
• Crystallise the forces both driving and restraining this sector in India
• Ascertain India’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in India.
• Build a clear picture of trends, output and consumption for specific sub-sectors