Archive · 8 Sep 2025
India's Renewable Energy Ambitions Depend on Execution, Experts Say
India is doing well with renewable energy, but experts say the next step is to actually build the projects and get them working.
They're worried about things like getting land, building transmission lines, and finding the money to pay for everything.
India has set a goal to reach 500 GW of renewable energy capacity by 2030, which might be met earlier.
This will require huge investments, and much of that money needs to come from loans.
Experts are also looking at how to manufacture solar equipment in India, reduce imports and ensuring the renewable push secures a sustainable future.
Experts emphasized India's clean energy transition requires faster execution and stronger financing.
India's renewable capacity is at 295.89 GW, potentially reaching the 500 GW target by 2028.
Panelists identified land acquisition, transmission capacity, and intermittency as major hurdles.
Meeting the 500 GW target needs ₹30 trillion in investment, with most from debt financing.
The government’s production linked incentive (PLI) scheme has spurred new domestic manufacturing.
- Who
- Industry experts and policymakers at the Mint Sustainability Summit
- What
- Discussed India's clean energy transition, emphasizing the need for faster execution and financing.
- When
- At the Mint Sustainability Summit 2025.
- Where
- India
- Why
- To evaluate and chart the course of India's renewable energy ambitions.
- India's Current Renewable Capacity
- 295.89 GW
- Target Investment to Meet 500 GW Goal
- ₹30 trillion
- Financing Needed (Debt)
- Almost three-fourths of investment
- Annual Capacity Additions Growth
- 40%+
