India has emerged as a global leader in clean energy, securing the third position worldwide for installed renewable capacity, only behind China and the United States and surpassing Brazil, according to the Renewable Energy Statistics 2026 released by the International Renewable Energy Agency, as reported by the Indian Minister of New and Renewable Energy, Pralhad Joshi.
The total
electricity generation in India during the fiscal year 2025 - 2026 reached
1.845.921 trillion units (BU), where the
share of non - fossil fuels reached29.2% (528.97 trillion units).
The country reached 50% of its cumulative installed capacity from non - fossil
sources in June 2025, five years ahead of the 2030 target set in Nationally
Determined Contribution (NDC) to the Paris Agreement according to information
from Asian News International ( ANI).
In line with Prime Minister Narendra Modi’s announcement at
the 28th Conference of the Parties (COP26), the Indian ministry is actively
working to achieve 500 gigawatts of installed capacity from non - fossil
sources by 2030.
The ministry also reported that the National Green Hydrogen Mission (NGHM) was
approved with an initial outlay of 19.744 crore rupees (approximately $2.370
crore) until the 2029 - 2030 fiscal year, with the aim of producing at least 5
million metric tons annually of green hydrogen by 2030.
Expected outcome include the addition of 125 gigawatts (GW) of renewable
capacity, more than 8 lakh crore rupees (approximately $96 billion) in total
investments, the creation of more than 660.000 full - time jobs, and the avoidance
of 50 million metric tons (MMT) annually of carbon dioxide (CO₂) emissions.
On the
world energy side, India achieved the largest annual wind capacity addition in
its history: 6.05 gigawatts (GW) during the 2025 = 2026 fiscal year, up 46%
from the previous year.
This scheme is a renewable energy policy of India’s Ministry of New and
Renewable Energy designed to promote wind and solar energy through financial
incentives for each kilowatt - hour (kWh) of electricity injected into the
grid.
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