Page 66 - Policy & Economic Report - July 2025

POLICY AND ECONOMIC
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cells from ALMM List-II enlisted solar cell manufacturers, as the solar cell capacity in ALMM List-II
continues to rise steadily.

The decision is a result of detailed deliberations with various stakeholders of the solar industry, to
ensure a smooth transition to ALMM List-II (for solar PV cells), for the Net-metering projects and Open
Access renewable power projects.

Solar PV manufacturing remains a significant focus of the Government’s efforts. The Government is
committed to making India self-reliant (Atmanirbhar) in solar PV manufacturing and establishing India
as a major player in the global value chain.

11. India's Renewable Energy Installed Capacity Surges Nearly Fourfold to 288.58 GW Since 2014

Renewable energy installed capacity in the country has increased form 76.38 GW in 2014 to 288.58
GW as on 30.06.2026. Source: wise installed capacity under solar, wind and other renewable sources
is given below:

Source Installed Capacity (GW)
Solar power 162.15
Wind power 57.44
Bio power 11.75
Hydro power 57.24
288.58
Total

July 2026 So far, a total of 297.36 GW non-fossil fuel sources-based electricity capacity has been installed in the
country as on 30.06.2026. This includes 288.58 GW renewable energy capacity and 8.78 GW nuclear
power capacity.

Since FY 2014 till FY 2026, renewable energy sector in the country has attracted Foreign Direct
Investment (FDI) of USD 45.72 Bn (approx.). Additionally, during the said period, domestic financial
institutions (12 Public sector banks, IREDA, PFC, REC, IIFCL, NaBFID and SIDBI) have deployed Rs.12.32
lakh crore towards renewable energy sector.

12. Bharat Renewable Energy Summit & Expo (BRE Summit & Expo) 2026 to be Held from 2–5 November
in New Delhi: Shri Pralhad Joshi

The Bharat Renewable Energy Summit & Expo (BRE Summit & Expo) 2026 will be held from 2nd to 5th
November 2026 at Bharat Mandapam, New Delhi, said Shri Pralhad Joshi, Union Minister for New and

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