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2026-07-22 01:07:34 pm | Source: Accord Fintech
India's installed renewable energy capacity surges to 288.58 GW by June 2026
India's installed renewable energy capacity surges to 288.58 GW by June 2026

India's renewable energy sector has recorded remarkable growth over the past decade, with installed renewable energy capacity in the country increasing nearly fourfold from 76.38 Gigawatt (GW) in 2014 to 288.58 GW as of June 30, 2026, underscoring the country's rapid progress in the global clean energy transition. Among renewable sources, the solar power accounts for the largest share of installed renewable capacity at 162.15 GW, followed by wind power (57.44 GW), hydropower (57.24 GW) and bio power (11.75 GW).

Minister of State for New & Renewable Energy Shripad Yesso Naik said India's total installed non-fossil fuel-based electricity capacity stood at 297.36 GW as of June 30, 2026, comprising 288.58 GW of renewable energy and 8.78 GW of nuclear power.

He said the sector has also witnessed significant investment momentum, attracting Foreign Direct Investment (FDI) worth $45.72 billion between FY14 and FY26. During the same period, domestic financial institutions (12 public sector banks, IREDA, PFC, REC, IIFCL, NaBFID and SIDBI) have deployed Rs 12.32 lakh crore towards the renewable energy sector.  

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