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India’s Solar Capacity Reaches 168 GW, Enters Storage-Led Growth

India’s Solar Capacity Reaches 168 GW, Enters Storage-Led Growth
India’s solar capacity hits 168 GW: How the sector grew 60x in 12 years and what’s next · financialexpress.com

India is producing much more electricity from the sun than it did 12 years ago.

Its solar capacity grew from 2.8 gigawatts to 168 gigawatts.

Large solar parks, rooftop panels and solar pumps all helped drive this growth.

The government now wants to build solar panels on reservoirs and other water bodies.

A new programme will add 5,000 megawatts of floating solar along with batteries and other storage.

Storage can save daytime solar power for use when people need more electricity in the evening.

Rooftop solar is also expanding through a programme that supports household installations.

India is also building more factories to make solar cells, modules and related equipment.

Key facts

Installed solar capacity
168 GW as of August 31, 2026, up from 2.8 GW in 2014.
Solar additions in 2025-26
44.61 GW, nearly double the 23.83 GW added in 2024-25.
PM-SSY allocation
Rs 5,070 crore.
Floating solar target
5,000 MW, with at least 10,000 MWh of co-located storage.
Rooftop programme
PM Surya Ghar aims to support rooftop installations for one crore households; about 14.8 GW had been commissioned by August 12, 2026.
Manufacturing capacity
Solar module manufacturing capacity reached around 172 GW by March 31, 2026; about 35 GW of solar-cell capacity was operational.
Long-term national target
India aims to reach 500 GW of non-fossil fuel capacity by 2030 and net-zero emissions by 2070.

Quotes

Amit Manohar

Secretary General of the Indian Solar Manufacturers Association

“As the current programme approaches March 2027, providing early clarity on its next phase, including consideration of PM Surya Ghar 2.0, preferably by December 2026, would help maintain market continuity and provide greater visibility to consumers and industry stakeholders.”
financialexpress.com
“PM Surya Ghar has played an important role in expanding residential rooftop solar adoption, particularly in markets where project economics remain challenging.”
financialexpress.com

Sources

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