PM Modi Announces Major Renewable Energy Push, Sets Target of Adding Another 500 GW Clean Energy Capacity
Prime Minister Narendra Modi has announced an ambitious target of adding another 500 gigawatts (GW) of non-fossil fuel-based energy capacity over the next 10 to 11 years, reinforcing India's commitment to clean energy, energy security and sustainable development. The announcement highlights the country's growing role in the global renewable energy sector and its determination to reduce dependence on conventional energy sources.
Addressing the Bharat Renewable Energy Summit and Expo 2026 at Bharat Mandapam in New Delhi on November 2, PM Modi highlighted India's achievements in renewable energy and outlined the opportunities ahead. He emphasised that continued investment, technological innovation and domestic manufacturing would be essential to achieving the country's long-term energy ambitions.
India's Growing Renewable Energy Capacity
India has made considerable progress in expanding its non-fossil fuel energy capacity over the past decade. The country has already crossed the milestone of 50 per cent of installed electricity capacity coming from non-fossil fuel sources, achieving this Paris Agreement commitment five years ahead of its 2030 deadline.
PM Modi highlighted that India is now moving towards its target of achieving 500 GW of non-fossil fuel capacity by 2030. The announcement of an additional 500 GW over the following decade reflects the country's ambition to accelerate this progress and establish a stronger foundation for future energy requirements. The expansion is expected to include solar, wind, hydropower and other clean energy sources, helping India meet rising electricity demand while supporting its environmental commitments.
Renewable Energy Strengthens India's Energy Security
Highlighting the importance of energy independence, PM Modi explained that renewable energy has become increasingly important for protecting India's economy from international uncertainties. Global conflicts, geopolitical tensions and fluctuations in fossil fuel prices can affect energy supplies and create economic challenges for countries dependent on imported resources.
He noted that investments in renewable energy have helped India strengthen its ability to manage such disruptions. Over the past decade, the sector has attracted more than ₹15 lakh crore in investments, with further opportunities expected to exceed ₹20 lakh crore by the end of this decade. The growing renewable energy ecosystem is also opening new opportunities for domestic industries, international investors and technology companies.
Solar Energy and Green Technology Drive Expansion
Solar power has emerged as one of the strongest contributors to India's clean energy transformation. The country has significantly expanded its solar generation capacity while strengthening domestic manufacturing of solar modules and cells.
PM Modi highlighted the growth of India's solar manufacturing industry and the increasing adoption of rooftop solar systems under the PM Surya Ghar Muft Bijli Yojana. The initiative is encouraging households to generate their own electricity, reduce power expenses and participate directly in the renewable energy movement.
Alongside solar power, India is also investing in green hydrogen, battery storage and modern electricity transmission infrastructure. The National Green Hydrogen Mission aims to establish India as a major producer and exporter of green hydrogen, with a target of five million metric tonnes of annual production by 2030. These technologies will support industries seeking cleaner energy alternatives and improve the reliability of renewable electricity.
Investment and Employment Opportunities
The expansion of renewable energy is expected to contribute significantly to India's industrial and economic growth. Increased investment in solar manufacturing, wind energy, battery production, green hydrogen and electricity infrastructure can strengthen domestic supply chains and encourage technological development.
The sector is also creating employment opportunities for engineers, technicians, researchers, construction workers and skilled professionals. Greater participation from startups, educational institutions and private companies will further encourage innovation and help develop solutions suited to India's energy requirements.
PM Modi also emphasised the importance of indigenous technology and research, encouraging Indian institutions and industries to develop advanced energy solutions that can compete in international markets.
India's Role in Global Clean Energy Cooperation
India is extending its renewable energy ambitions beyond domestic development through international cooperation. Platforms such as the International Solar Alliance are helping countries collaborate on solar energy deployment, technology sharing and financing.
PM Modi reiterated India's commitment to supporting developing nations in expanding their clean energy infrastructure. Cooperation with African countries, including initiatives to improve access to solar energy financing, reflects India's efforts to make renewable energy more accessible internationally.
The Bharat Renewable Energy Summit and Expo also provides an opportunity for international investors, manufacturers and policymakers to explore partnerships and exchange technological expertise.
The MGMM Outlook
India’s ambitious renewable energy expansion marks a significant step towards strengthening energy security, promoting self-reliance and building a sustainable economy. Prime Minister Narendra Modi’s announcement of an additional 500 GW of non-fossil fuel-based energy capacity over the next 10 to 11 years reflects the country's long-term commitment to clean energy and technological advancement. With more than 50 per cent of installed electricity capacity already coming from non-fossil fuel sources, India has demonstrated considerable progress in meeting its energy goals. Growing investments in solar and wind power, domestic manufacturing and green hydrogen are further strengthening the country's position in the global renewable energy sector.
The next phase of this transformation will create opportunities for industrial growth, employment generation and technological innovation. Initiatives such as PM Surya Ghar Muft Bijli Yojana and the National Green Hydrogen Mission are encouraging wider adoption of clean energy while supporting India's energy independence. Continued investment in battery storage, modern infrastructure and indigenous research will be essential to achieving the new target. By combining domestic innovation with international cooperation, India is not only addressing its future energy requirements but also emerging as an important contributor to the global clean energy transition.
(Sources: Firstpost, The Indian Express)
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