India's FY2026 Solar Installations Hit Record High at 44.6 GW
2026-04-13 10:25
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en.Wedoany.com Reported - According to the latest report released by JMK Research, India achieved approximately 44.6 GW of new solar capacity and 6 GW of new wind capacity installations in FY2026. Compared to the previous fiscal year, solar and wind installations increased by 87.2% and 45.6% respectively, demonstrating robust growth in the renewable energy sector.

As of March 31, 2026, India's total renewable energy installed capacity has reached 275 GW. Solar capacity accounts for approximately 55% of the total renewable energy capacity, reaching 150.26 GW, while wind capacity accounts for 20%. Large hydropower contributes 19%, and bioenergy and small hydropower account for 4% and 2% of the total capacity respectively.

From April 1, 2025, to March 31, 2026, India added about 34.8 GW of utility-scale solar capacity, a year-on-year increase of 106%. The report notes that the significant growth in utility-scale solar capacity is primarily attributed to the completion of the MNRE 50 GW annual tender program initiated in 2023. The commercial and industrial open access segment made a significant contribution to the capacity addition during this period, and the ISTS waiver deadline of June 30, 2025, also prompted developers to accelerate project execution in the first half of FY2026.

In the rooftop solar segment, India installed approximately 8.7 GW, a year-on-year increase of 69%, mainly driven by residential adoption under the PM Surya Ghar scheme. The scheme has covered over 260,000 households and disbursed nearly ₹1,477.1 billion in central financial assistance, effectively accelerating adoption nationwide.

Rajasthan led in solar capacity addition in FY2026, with utility-scale solar installations reaching 12,140 MW, accounting for 35%, followed by Gujarat with 8,952 MW (26%) and Maharashtra with 6,177 MW (18%). Maharashtra recorded the highest rooftop solar installations at 2,144 MW (25%), Gujarat at 1,777 MW (20%), and Tamil Nadu at 600 MW (7%). Furthermore, Maharashtra also recorded the highest off-grid solar capacity addition at 614 MW (58%), followed by Gujarat at 77.9 MW (7%).

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