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Home RENEWABLES

India Progressing Steadily Towards the 500 GW Non-Fossil Energy Target by 2030: TERI Chief

Vishaka Vardhan by Vishaka Vardhan
November 1, 2025
in RENEWABLES
Reading Time: 8 mins read
REI
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New Delhi, October 31, 2025: Marking a significant milestone in India’s renewable energy journey, Informa Markets in India, the nation’s leading organizer of B2B growth platforms, commenced the 18th edition of Renewable Energy India (REI) Expo today at India Expo Mart, Greater Noida. Co-located with the 3rd edition of The Battery Show India (TBSI), the three-day event, running from October 30 to November 1, 2025, aims to strengthen global collaboration, innovation and investment in advancing India’s clean energy ecosystem.

Together, REI and TBSI represent the most influential gathering in South Asia’s clean energy landscape, uniting global manufacturers, innovators, investors and policymakers under the unified theme, “Decoding Pathways to Achieve Net Zero.”

Leaders & Global Dignitaries Grace the Inauguration Ceremony

The inauguration of India’s iconic show on innovative renewable energy and battery solutions was graced in the presence of key dignitaries such as Dr. Vibha Dhawan, Director General, TERI; Mr. Debashish Das, Head RE Nodal Agency, Govt. of Odisha; Shri. Manu Srivastava, Additional Chief Secretary, Power and Renewable Energy Department, Government of Madhya Pradesh; Mr. Peter Hall, President, IMEA Region, Informa Markets, Mr. Yogesh Mudras, Managing Director, Informa Markets in India and Mr. Rajneesh Khattar, Senior Group Director, Informa Markets in India.

Dr. Vibha Dhawan, Director General, The Energy and Resources Institute (TERI), said “ India has already achieved 127 GW of installed solar capacity and is progressing steadily towards the 500 GW non-fossil energy target by 2030, a milestone that highlights India’s leadership in clean energy transition. With initiatives such as the National Green Hydrogen Mission, the Production-Linked Incentive scheme for solar and battery manufacturing and the National Manufacturing Mission, the government is fostering a strong domestic value chain. At TERI, decades of research, capacity building and partnerships have been directed toward unlocking India’s estimated 10,800 GW solar potential and advancing Agri-photovoltaic models that drive rural growth. The focus now must shift toward viewing sustainability as a strategic enabler of industrial competitiveness and inclusive development.”

Shri Manu Shrivastava, IAS, Additional Chief Secretary, Govt. of Madhya Pradesh, New & Renewable Energy department, said “India’s renewable energy sector today stands at the intersection of innovation, economic viability, and environmental stewardship. Having pioneered sub-₹3 per unit tariffs without subsidies and powered nearly 65% of Delhi Metro’s daytime demand, we have now reached another historic milestone delivering round-the-clock solar-plus-storage power at ₹2.70 per unit (around 3 US cents). Supported by global partners including the World Bank, IFC, ADB, and UC Berkeley, this achievement underscores how transparent bidding, effective risk mitigation, and investor confidence can create world-class benchmarks. The recently floated 440 MW solar-plus-storage project in Morena, Madhya Pradesh, with 95% availability for four peak hours through BESS, has established in India that solar energy remains viable even when stored and supplied during non-solar hours, a defining leap towards energy reliability and sustainability.”

Mr. Debashish Das, Head RE Nodal Agency, Govt. of Odisha, said “Odisha stands at a pivotal juncture in its energy transition a mineral-rich state that contributes nearly 25% of India’s coal reserves and produces close to 40% of the nation’s steel, along with substantial aluminium and cement output. Yet, as the second-largest greenhouse gas emitter, the state recognizes the urgency of shifting toward cleaner energy. Under the Odisha Renewable Energy Policy aligned with Viksit Odisha 2026 and Viksit Bharat 2047, we are prioritizing renewable adoption through initiatives like floating solar projects across our 2.25 lakh sq. km of water reservoirs and pump storage opportunities. These efforts not only safeguard fertile land but also open doors for international collaboration in clean energy. Our vision is to make energy in Odisha affordable, accessible and sustainable, transforming it into a tool of economic empowerment and positioning the state as a preferred investment destination in India’s renewable landscape.”

Sharing perspective on the co-located expos, Mr. Yogesh Mudras, Managing Director, Informa Markets in India, said, “India’s clean energy transition is accelerating faster than ever, with renewable capacity surpassing 250 GW in 2025 and a strong pipeline targeting 500 GW by 2030. The Ministry of Power has approved a ₹5,400 crore Viability Gap Funding (VGF) scheme for 30 GWh of Battery Energy Storage Systems (BESS), in addition to 13.2 GWh already underway, which is expected to attract ₹33,000 crore in investments by 2028. Platforms like Renewable Energy India Expo and The Battery Show India, celebrating its largest ever edition, are key to driving this evolution, serving as a confluence of innovation, policy insights and cross-sectoral collaboration. With focused forums such as the Battery Tech Conference addressing the roadmap for advanced manufacturing, sustainable systems and circular economy practices, this year’s edition stands as a powerful testament to India’s growing leadership in the global clean energy value chain.”

Unified Platform for Clean Energy Collaboration

The show floor at REI 2025 came alive with participation from over 700 exhibitors, 1,000 brands and 250 global thought leaders, attracting more than 35,000 visitors over three days. Showcasing the entire spectrum of renewable technologies from solar manufacturing, battery storage, EV charging infrastructure and inverters to biomass and wind energy, the event has set the stage for collaboration, innovation and global partnerships.

Running concurrently, The Battery Show India (TBSI) strengthens this narrative as South Asia’s leading platform for advanced battery manufacturing and energy storage technologies. Supported by the Department of Science & Technology and the Ministry of Heavy Industries, along with the Government of Odisha as State Partner, TBSI features 350+ exhibitors and 400+ brands, bringing together over 20,000 professionals across the global mobility and energy value chain, further reinforcing India’s emergence as a clean energy powerhouse.

Further amplifying the event’s international stature, the Bio Energy Pavilion, supported by MNRE, showcases 65 global companies, emphasizing India’s growing role in diversified renewable technologies.

Prominent exhibitors include Reliance New Energy, INOX Solar, Adani Solar, Vikram Solar, Goldi Solar, Havells, Waaree Energies, Gautam Solar, Luminous Power and Dhash PV Technologies, among others. On the TBSI front, leading names such as Semco, BASF and TVS Indeon have showcased cutting-edge innovations across the energy storage spectrum.

Mr. Dhruv Dholakiya, Director, Goldi Solar, said “India’s renewable energy landscape is at an inflection point, driven by innovation, scale, and self-reliance. At Goldi Solar, we are proud to contribute to this transformation as the country’s largest solar photovoltaic manufacturer, with 14.7 GW of module capacity and 17.2 GW of cell manufacturing in the pipeline. Our first 1.2 GW cell line will be operational by FY 26, followed by India’s largest single-location cell facility at Dahej, Surat, before FY 28. We are also expanding our global footprint with a new module manufacturing plant in the USA, producing modules made in America for America. At REI 2025, we are unveiling four cutting-edge, high-efficiency modules, including India’s first in-house Inter-Digitated Back Contact (IBC) concept module delivering up to 665 Wp at 23.08% efficiency, and a 715 Wp G12 module achieving 23.38% efficiency. With India’s renewable target of 500 GW by 2030, of which around 280 GW will come from solar, Goldi Solar remains steadfast in driving the nation’s clean-energy goals through technological excellence, backward integration and global agility.”

Ms. Shubhra Mohanka, Director, Gautam Solar Pvt Ltd, said “At REI, we are showcasing our new 640 W G12R series, one of the highest wattage solar modules in commercial production. It offers 5% higher output compared to a 590 W module while utilizing the same land area, ensuring optimal land use and lower BOS costs. India’s solar manufacturing capacity has grown exponentially from negligible levels just two years ago to nearly 120 GW today. We currently operate with 4 GW of ALMM-approved module capacity, another 1 GW under implementation and are setting up a solar cell manufacturing facility slated to begin operations in 2026, further strengthening our domestic value chain.”

Mr. Gyanesh Chaudhary, Chairman & Managing Director, Vikram Solar, said “The Renewable Energy India (REI) Expo 2025 continues to be a defining platform driving collaboration and innovation across India’s clean energy value chain. This year’s focus on solar energy, bioenergy, energy storage and emerging segments like e-mobility and green hydrogen underscores how integrated technologies are shaping the next decade of sustainable growth. At REI 2025, we are proud to unveil Hypersol Pro, our latest high-efficiency solar module that exemplifies our commitment to advancing technology and manufacturing excellence under the ‘Make in India’ initiative. With innovations like Hypersol Pro, we are setting new benchmarks in performance, reliability and smart design, developing future-ready solutions that strengthen India’s position as a global clean energy leader.”

Mr. Devesh Sharma, CEO of INOX Solar, said “India’s solar manufacturing sector is entering a transformative phase with policy alignment under ALMM, paving the way for deeper localization across the value chain. In this direction, INOX has partnered with LONGi to jointly supply 5 GW of high-efficiency modules over the next three years, combining LONGi’s R&D strength and INOX’s advanced manufacturing capabilities. Simultaneously, we are setting up a 10 GW solar cell plant and expanding our module production capacity by an additional 3 GW in Odisha, with operations expected to begin by Q2 2026.”

Mr. Bhupendra Singh Rawat, CEO, Dhash PV Technologies, said “India’s solar manufacturing ecosystem is witnessing remarkable growth, supported by strong policy measures like ALMM. DASH PV Technologies, India’s largest and the world’s leading non-Chinese integrated solar junction box manufacturer, currently operates at 40 GW capacity, expanding to 63 GW next month and holds a 40% market share. Our new product line of interconnect busbars, launched at REI, will scale from 6.5 GW to 25 GW by March 2026, supported by a new 1,000 km/day solar DC cable line becoming operational in the next three months. complemented by a 1,000 km/day DC cable line coming online soon. The ALMM policy has propelled India’s solar module capacity to 116 GW and cell capacity to 42 GW by 2026, fostering self-reliance. With over 60 GW junction box and 43.5 GW busbar capacities established domestically, the focus now is on building an integrated ancillary ecosystem through initiatives like ALMM, ensuring India’s solar industry remains globally competitive.”

New Launches & Strategic Collaborations – Key Highlights

This year’s edition of Renewable Energy India (REI) Expo underscores the industry’s commitment to innovation and strategic growth, marked by several high-impact product unveilings and partnerships. Solis, a long-standing and revered participant at REI, is set to introduce the Solis 125 kW Hybrid Inverter, its largest-ever storage inverter for C&I applications. The new model features advanced 4-in-1 functionality integrating PV generation, high-efficiency battery charge/discharge (up to 200 A), seamless transition between grid, off-grid, and genset modes in under 10 ms and AI-driven EMS control, designed for smarter and more resilient energy management.

Adding to the innovation landscape, Replus is unveiling its 5 GW energy storage system, reinforcing India’s ambition toward large-scale battery deployment and manufacturing capacity. Strengthening the ecosystem further, LONGi has entered into a strategic module supply agreement with Inox for the Indian market, combining LONGi’s global technological expertise with Inox’s manufacturing excellence to deliver high-performance solar products tailored for India’s clean energy goals. Together, these launches and collaborations signal a defining moment in India’s renewable energy journey, emphasizing technological advancement, local value creation and global partnerships.

India Crossed 50% Non-Fossil Fuel Power Capacity

India has demonstrated remarkable strength in its power infrastructure, successfully surpassed 500 GW level with renewables having more than 50 percent share, signaling another milestone in the nation’s clean-energy transformation. The country’s power capacity consists of 256.09GW from non-fossil-fuel sources. A robust pipeline of wind, solar and storage projects in motion, India stands poised at the threshold of a deeper transition from capacity build-out to integration, storage and value-chain localization.

Tags: REIRenewable Energy India
Vishaka Vardhan

Vishaka Vardhan

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