Solar Power in India

India’s energy system is on the cusp of a paradigm shift toward renewables, driven by a concerted policy effort to spur wide-scale solar adoption. Growing from 4 to 13 percent of total electricity generation between 2014 and 2022 and projected to account for 30 percent of generation capacity by 2040, India’s solar energy sector is rapidly growing. Since 2004, $130 billion has been invested in India’s RE sector. Of this, solar energy accounts for $71 billion, and its share of the country’s renewable investment portfolio has risen from insignificant levels to 83 percent.