India becomes world’s second-fastest growing solar energy market

India commissioned 37 GW of new solar capacity in 2025, making it the world’s second-fastest growing solar energy market. This was reported by IANS, a partner of TV BRICS, citing data from the Government of India.

According to the report, India’s total non-fossil fuel power generation capacity has reached 283.46 GW, of which 274.68 GW comes from renewable energy sources. On 29 July 2025, renewable energy accounted for a record 51.5 per cent of the country’s electricity demand.

At present, India’s solar energy sector is primarily driven by large-scale ground-mounted solar power plants, with a combined installed capacity of 118.79 GW. A further 27.88 GW comes from grid-connected rooftop solar installations, while the remainder is generated by hybrid and off-grid solar systems.

Additional momentum for the development of solar energy in India came with the approval, on 31 July 2026, of the Prime Minister’s Scheme for Solarisation of Water Bodies (PM-SSY). The programme provides government support for floating solar power projects with a combined capacity of 5,000 MW, integrated with energy storage systems. A total of US$580 million will be allocated to the programme through the 2030–31 financial year.