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India has emerged as the world's fourth-largest nation in renewable energy capacity, reaching 257 GW more than triple its capacity in 2014. Union Minister for New and Renewable Energy Pralhad Joshi highlighted the country's rapid solar expansion from 2.8 GW to 128 GW and the growth in solar module manufacturing to 110 GW. He also said India achieved its non-fossil capacity target five years ahead of schedule, making renewable tariffs among the lowest globally. The government now plans a USD 25 million contribution to Africa's solar development through the International Solar Alliance.
Union Minister for New and Renewable Energy Pralhad Joshi stated this week that India has become the world's fourth-largest nation in renewable energy capacity, standing at 257 GW a more than threefold rise from 81 GW in 2014. Speaking during the eighth session of the International Solar Alliance (ISA) Assembly in New Delhi, he shared that India's solar power capacity has expanded significantly, increasing from 2.8 GW in 2014 to 128 GW at present. Advertisement
The minister mentioned that solar module manufacturing capacity has grown from 2 GW in 2014 to 110 GW now, while solar cell production, which was negligible a decade ago, has reached 27 GW. Under the leadership of Prime Minister Narendra Modi, India achieved its Nationally Determined Contribution (NDC) target of generating 50% of power capacity from non-fossil fuel sources, five years ahead of schedule.
Joshi noted that India's renewable tariffs-including solar, solar-plus-battery, and green ammonia-are among the lowest in the world. He said this reflects India's ability to blend scale, speed, and efficiency to make clean energy affordable. The International Energy Agency (IEA) has projected that India will soon become the world's second-largest renewable market, while the International Renewable Energy Agency (IRENA) has described India as an "energy transition powerhouse."
According to the minister, India remains the only G20 country to have achieved its 2030 renewable energy goals as early as 2021. He added that India ranks third globally in terms of growth in power generation capacity over the past five years. Despite having one of the lowest per capita emissions and energy consumption rates, India's efforts toward clean energy transition continue to stand out globally.
He also pointed out that global solar energy capacity has now exceeded 1,600 GW, accounting for nearly 40% of total renewable generation. However, he acknowledged that progress remains uneven, with several regions-particularly sub-Saharan Africa and small island nations-still lacking reliable access to electricity.
To address this, Joshi announced that India is preparing a USD 25 million contribution to the Africa Solar Facility under the ISA. This initiative aims to support investments in mini-grids and distributed renewable systems across Africa, reflecting India's commitment to equitable growth and cooperation within the Global South.
Source PTI
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