PolityGS3+ GS2

India Targets 500 GW Non-Fossil Capacity by 2030 at Renewable Energy Summit

PIB·2026-08-28· Read original

"India Targets 500 GW Non-Fossil Capacity by 2030 at Renewable Energy Summit"

Prelims Facts

  • •India's non-fossil-fuel installed capacity crossed 300 GW, growing from 80.3 GW, a 275% increase over approximately twelve years.
  • •Solar capacity grew from 2.8 GW to 165 GW, nearly a 58-fold increase; wind capacity grew from 21 GW to 58 GW, a 176% increase.
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Key Terms

Non-fossil-fuel capacity

Total installed electricity generation capacity from sources other than coal, oil, and gas — includes solar, wind, hydro, and nuclear.

PM Surya Ghar

Muft Bijli Yojana: Central scheme providing financial assistance for rooftop solar installation on up to one crore residential households.

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Study Note

BackgroundCore Concept

Background

India's renewable energy journey is anchored in its National Action Plan on Climate Change (NAPCC), which identified solar energy as a priority through the National Solar Mission. Over the past decade, policy ambition has scaled dramatically. India committed at the COP26 Glasgow Summit to achieving 500 GW of non-fossil-fuel-based electricity capacity by 2030, alongside a 50% share of cumulative electric power from renewables and a reduction of total projected carbon emissions by one billion tonnes. These targets were subsequently enshrined in India's updated Nationally Determined Contribution (NDC) submitted to the UNFCCC.

The institutional architecture supporting this transition includes the Ministry of New and Renewable Energy (MNRE), the Solar Energy Corporation of India (SECI), and the National Institute of Solar Energy (NISE). India also co-founded the International Solar Alliance (ISA) with France, a treaty-based international organisation headquartered in Gurugram that channels financing and technology into solar-rich developing nations. The ISA now has over 100 member countries and represents India's most significant multilateral initiative in the clean energy space.

On the domestic financing side, achieving large-scale renewable deployment requires mobilising capital from banks, insurance funds, infrastructure investors, and capital markets, not just budgetary support. This has made financial hubs like Mumbai central to India's clean energy investment ecosystem, as private capital must complement public spending to bridge the investment gap.

The Topic Explained

India's non-fossil-fuel installed capacity has grown from 80.3 GW to over 300 GW over approximately twelve years, representing a 275% increase. Within this, solar capacity has seen the most dramatic expansion, from 2.8 GW to 165 GW, nearly a 58-fold increase. Wind capacity grew from around 21 GW to 58 GW, a 176% increase. These figures place India among the world's top five renewable energy nations by installed capacity.

The 500 GW target by 2030 will require an estimated investment of over ₹30 lakh crore over five years. A significant portion must come from private and institutional capital, domestic financial institutions, capital markets, insurance funds, and foreign direct investment. This investment imperative explains why the government has been actively engaging financial sector stakeholders through events like the Bharat Renewable Energy Summit & Expo (BRESE 2026). …

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Related PYQs

2025GS1 Prelims

With reference to 'PM Surya Ghar Muft Bijli Yojana', consider the following statements:

I.Its target is to install solar panels on the roofs of one crore households in the residential sector.

II.Ministry of New and Renewable Energy's aim is to provide grassroot-level training on installation, promotion, maintenance and repair of rooftop solar panels.

III.Its target, under the capacity building scheme component, is to create more than three lakh skilled manpower by imparting new skills and upgrading skills.

Which of the statements given above are correct?

AI and II only
BI and III only
CII and III only
DI, II and III
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2018GS1 Prelims

With reference to solar power production in India, consider the following statements :

1.India is the third largest in the world in the manufacture of silicon wafers used in photovoltaic units.

2.The solar power tariffs are determined by the Solar Energy Corporation of India.

Which of the statements given above is/are correct?

A1 only
B2 only
CBoth 1 and 2
DNeither 1 nor 2
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2022GS1 Prelims

Consider the following statements:

1.Gujarat has the largest solar park in India.

2.Kerala has a fully solar powered International Airport.

3.Goa has the largest floating solar photovoltaic project in India.

Which of the statements given above is/are correct?

A1 and 2
B2 only
C1 and 3
D3 only
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Practice MCQs

Politymedium

Consider the following statements regarding India's renewable energy capacity:

1.India's non-fossil-fuel installed capacity has grown by approximately 275% over the last twelve years.

2.Solar capacity in India has grown from 2.8 GW to 165 GW, representing nearly a 58-fold increase.

3.Wind capacity in India has grown from 21 GW to 58 GW, representing a 176% increase.

4.India's 500 GW non-fossil-fuel capacity target by 2030 will require over ₹50 lakh crore in investment.

How many of the above statements are correct?

AOnly one
BOnly two
COnly three
DAll four
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Politymedium

Consider the following statements regarding PM Surya Ghar: Muft Bijli Yojana:

1.Its target is to install rooftop solar panels on one crore households in the residential sector.

2.It includes a capacity-building component targeting the creation of more than three lakh skilled workers.

3.It is administered by the Ministry of Power, not the Ministry of New and Renewable Energy.

Which of the statements given above is/are correct?

A1 only
B1 and 2 only
C2 and 3 only
D1, 2 and 3
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Politymedium

Match the following platforms/events with their correct descriptions:

List I (Platform/Event) — List II (Description)

A.BRESE 2026 — 1. Treaty-based international organisation co-founded by India and France for solar energy cooperation

B.International Solar Alliance — 2. Convergence summit hosting the ISA General Assembly and Green Hydrogen Conference

C.PM-KUSUM — 3. Scheme to solarise agricultural pump sets and reduce farmers' dependence on grid power

D.National Green Hydrogen Mission — 4. Targets production of 5 million metric tonnes of green hydrogen per annum by 2030

Select the correct answer using the code given below:

AA-2, B-1, C-3, D-4
BA-1, B-2, C-4, D-3
CA-2, B-4, C-1, D-3
DA-1, B-3, C-2, D-4
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Polityhard

With reference to the Bharat Renewable Energy Summit and Expo (BRESE) 2026, consider the following statements:

1.It will be held at Bharat Mandapam, New Delhi.

2.It will host the 9th General Assembly of the International Solar Alliance.

3.It will host the 4th International Conference on Green Hydrogen.

4.It is expected to bring together participants from more than 100 countries.

Which of the statements given above are correct?

A1, 2 and 3 only
B2 and 3 only
C1 and 4 only
D1, 2, 3 and 4
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Polityeasy

Assertion (A): Mumbai has been identified as an important centre for India's clean energy investment ecosystem.

Reason (R): Achieving India's 500 GW non-fossil-fuel capacity target by 2030 requires over ₹30 lakh crore in investment, a significant share of which must come from Indian financial institutions, capital markets, and private capital.

Which of the following is correct?

ABoth A and R are true, and R is the correct explanation of A
BBoth A and R are true, but R is NOT the correct explanation of A
CA is true but R is false
DA is false but R is true
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