Articles from Mercom India
As one of the world's top three solar markets and among the fastest-growing clean energy economies, India is rapidly becoming a cornerstone of the global clean energy economy. According to Mercom India forecasts, the country is expected to install more than 427 GW of solar capacity (utility-scale and rooftop combined) by 2030, including 320.8 GW by 2028. Energy storage capacity is projected to surpass 55 GWh by 2028. With rising electricity demand, ambitious clean energy targets, expanding domestic manufacturing, and significant investment flowing into the sector, India has emerged as one of the most strategically important renewable energy markets in the world.
By Mercom India · Via Business Wire · June 16, 2026
