India Records 4000% Growth in Solar Capacity Over 10 Years, Says Union Minister Piyush Goyal at IESW 2025

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Image Courtesy: Commerce and Industry Ministry

Highlighting India’s major progress in clean energy, Union Minister for Commerce and Industry, Piyush Goyal, announced that the country’s installed solar capacity has grown by an astounding 4000% over the past decade. Speaking virtually at the India Energy Storage Week (IESW) 2025, the Minister emphasized that India’s energy sector is leading the transition to a greener future. With a renewable energy capacity now standing at 227 gigawatts, India is among the first G20 nations to have met its Paris Agreement targets on nationally determined contributions.

He also spotlighted Pali village in Jammu and Kashmir—India’s first energy-neutral panchayat—as a shining example of grassroots sustainability, powered by solar energy and focused on waste management and efficiency. Over the past 10 years, the country has significantly boosted its solar manufacturing strength, with solar PV module capacity growing nearly 38 times and cell manufacturing increasing 21-fold. Goyal noted that platforms like IESW are vital for tackling urban pollution, advancing clean technologies, and recognizing key contributors—such as women in the energy sector.

To strengthen India’s energy ecosystem, the Minister proposed a four-part strategy: fostering innovation with cost-effective R&D, creating integrated charging and battery swapping systems to accelerate electric vehicle adoption, building diversified and self-sufficient supply chains, and taking a full-spectrum approach to the energy value chain—from sourcing minerals to recycling battery components. He stressed the importance of scaling renewable energy to reach 500 gigawatts by 2030, while ensuring 24×7 availability through storage and advanced technologies.

The 11th edition of IESW brought together over 200 global energy experts, government representatives, and industry leaders to discuss the future of clean energy and storage. The event showcased over 300 innovations spanning electric vehicles, green hydrogen, solar, batteries, and charging solutions. It also featured key announcements from leading Indian manufacturers, including the launch of next-generation energy storage technologies such as Lithium-sulfur, Sodium-ion, and advanced Lithium-ion batteries.

The India Energy Storage Alliance (IESA) serves as a leading industry group dedicated to accelerating the adoption of energy storage, electric mobility, and green hydrogen in India. Working alongside policymakers, companies, and research bodies, IESA focuses on shaping policies, fostering collaboration, and driving innovation to support India’s transition to sustainable energy.