Summary:

In June 2025, India's renewable energy sector added 420% more capacity than the previous year, growing from 1.4 GW in June 2024 to 7.3 GW. Union Minister Pralhad Joshi cited a 4,000% increase in solar capacity - from 2.82 GW to 117 GW - and a 140% increase in wind energy to 51.7 GW. Solar rates have plummeted by 80% in the previous decade, making solar plus battery storage cheaper than thermal electricity. In 2023, India received Rs. 42,000 crore (US$ 4.88 billion) in renewable energy FDI. Clean energy investments increased 7.7 times year on year in the first quarter of 2025. Joshi also referenced Ahmedabad's waste-to-energy facility, emphasising renewables' benefits to the environment, farmers, and communities.

Source: IBEF

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