India has achieved a 25 GW of renewable energy capacity during FY 2024-25, marking a 35 per cent increase over the previous year’s addition of 18.57 GW.
The solar segment contributed significantly to this growth, with capacity additions rising from 15 GW in FY24 to 21 GW in FY25, a 38 per cent increase. With this, India’s total installed solar power capacity crossed the 100 GW mark during the year. On the manufacturing side, India’s solar module manufacturing capacity nearly doubled from 38 GW in March 2024 to 74 GW in March 2025. Solar photovoltaic cell (PV) manufacturing capacity increased from 9 GW to 25 GW. The country’s first 2 GW ingot-wafer manufacturing facility also commenced production in FY25. Under the production linked incentive scheme for high-efficiency solar PV modules, investments of Rs 410 billion were made. Under the PM Surya Ghar Muft Bijli Yojana, 1.1 million households were covered by March 31, 2025. Central financial assistance worth Rs 54.37 billion was disbursed to 698,000 beneficiaries under the rooftop solar scheme. Under the PM-KUSUM scheme, 440,000 standalone solar pumps were installed under Component B, and 260,000 pumps were solarised under Component C during FY25.