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<root>
    <author>ENA</author>
    <category>Sectors</category>
    <date>2025-10-22 18:18:03</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;New Delhi, Oct 22 (KNN)&lt;/strong&gt; India is emerging as one of the worlds fastest-growing renewable energy markets, adding between 15 25 gigawatts (GW) of clean energy capacity every year, according to the Ministry of New and Renewable Energy (MNRE).&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Over the past decade, Indias installed renewable capacity (excluding large hydro) has surged more than fivefold &amp;mdash; from less than 35 GW in 2014 to over 197 GW today. This robust expansion now positions the country among global leaders in renewable deployment.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;However, the MNRE said the sectors focus is gradually shifting from rapid expansion to building a strong, integrated, and reliable clean energy system. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The emphasis is now on moving from speed to system strength, from quantity to quality, and from expansion to enduring integration.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The ministry also acknowledged ongoing challenges such as supply-chain disruptions, fluctuating module prices, and limited financing, which have impacted commissioning timelines. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;To counter these, India is prioritising grid integration, storage and hybrid systems, and strengthening transmission infrastructure.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;More than 40 GW of renewable projects are already in advanced stages of development, with power purchase agreements and transmission connectivity being finalised. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Additionally, central and state agencies have initiated new bids for solar and wind projects, while commercial and industrial consumers are expected to contribute about 6 GW of new capacity in 2025 alone.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;India is also implementing a Rs 2.4 lakh crore Green Energy Corridor plan to improve grid connectivity between renewable-rich states such as Rajasthan, Gujarat, and Ladakh and major consumption centres. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;This project is expected to unlock over 200 GW of additional clean energy capacity in the coming years.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;With strong policy support and infrastructure expansion, India continues to solidify its position as a global renewable energy powerhouse.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;em&gt;&lt;strong&gt;(KNN Bureau)&lt;/strong&gt;&lt;/em&gt;&lt;/span&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>43854</id>
    <link>https://knnindia.co.in/news/newsdetails/sectors/india-among-fastest-growing-renewable-energy-markets-installed-renewable-capacity-up-five-fold-since-2014</link>
    <pubDate>2025-10-22 18:18:03</pubDate>
    <source>knnindia.co.in</source>
    <title>India Among Fastest-Growing Renewable Energy Markets, Installed Renewable Capacity Up Five-fold Since 2014</title>
</root>
