A new report by JMK Research says India installed around 44.6 GW of solar and 6 GW of wind capacity in FY 2026. Solar and wind installations increased by 87.2% and 45.6%, respectively, compared to the previous year.
With this, India’s total installed renewable energy (RE) capacity reached 275 GW as of March 31, 2026. Solar energy accounts for around 55% (150.26 GW) of the total RE capacity. Wind energy follows with a 20% share, while large hydro contributes 19%. Bio power and small hydro contribute 4% and 2% of the total, respectively.
From April 1, 2025 to March 31, 2026, India added around 34.8 GW of new ground-mounted solar capacity, marking a 106% increase compared to the previous year. The report attributes the significant increase in ground-mounted solar capacity primarily to the completion of projects initiated under the MNRE’s 50 GW annual bidding trajectory starting in 2023. The commercial & industrial (C&I) open-access segment (off-site C&I solar) made a substantial contribution to capacity additions during this period. The ISTS waiver deadline of 30 June 2025 also encouraged many developers to fast-track project execution in the first half of FY 2026.
In the rooftop solar segment, about 8.7 GW was installed, marking a 69% YoY increase, primarily driven by the PM Surya Ghar scheme boosting residential adoption. Under the scheme, more than 26 lakh households have been covered and nearly INR 14,771 crore disbursed in central financial assistance, significantly accelerating adoption across the country.
Rajasthan led the FY 2026 capacity addition with significant large-scale solar installations (12,140 MW, 35%), followed by Gujarat 8,952 MW (26%) and Maharashtra 6,177 MW (18%).
Maharashtra recorded the highest rooftop solar installations with 2,144 MW (25%), followed by Gujarat 1,777 MW (20%) and Tamil Nadu 600 MW (7%).
Maharashtra registered the highest off-grid solar capacity addition at 614 MW (58%), followed by Gujarat 77.9 MW (7%).
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