logo
India's True Solar Potential Soars to 10,830 GW: Report

India's True Solar Potential Soars to 10,830 GW: Report

Entrepreneur3 days ago

A new report has recalibrated the country's theoretical solar capacity at 10,830 gigawatts (GW), nearly 15 times higher than the earlier 748 GW projection made in 2014 by the Ministry of New and Renewable Energy (MNRE)
Opinions expressed by Entrepreneur contributors are their own.
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
India's solar energy potential has been vastly underestimated until now. A new macro-level assessment by The Energy and Resources Institute (TERI) has recalibrated the country's theoretical solar capacity at 10,830 gigawatts (GW), nearly 15 times higher than the earlier 748 GW projection made in 2014 by the Ministry of New and Renewable Energy (MNRE). The findings provide a multidimensional view of India's solar deployment capacity.
The report expands far beyond the limited scope of previous assessments, which assumed only 3 per cent of wastelands for solar development. The analysis incorporates a wider spectrum of land-use categories such as – barren and unculturable lands, water bodies for floating solar, rooftops, agri-voltaics, building-integrated photovoltaics, and infrastructure-based solar like railways and highways.
At the core of this reassessment is the vast reserve of barren lands, which alone could support 4,909 GW of ground-mounted solar PV capacity. Rajasthan tops this category with 1,234.6 GW, followed by Madhya Pradesh (731.3 GW), Maharashtra (606.7 GW), and Gujarat (592.6 GW). An additional 100 GW could be drawn from floating solar systems over inland reservoirs, ponds, and aquaculture zones.
Dr. Faruk G. Patel, chairman & MD of KP Group, has had a front-row seat to this rapid evolution. "A decade ago, solar power was still seen as an expensive alternative. Grid parity was a distant dream," he said. "Today, India has surpassed 100 GW of solar capacity and is well on its path to meet the ambitious target of 280 GW by 2030 and of 500 GW in renewable energy by 2030." Patel also highlighted how tariffs have fallen by over 70 per cent, turning solar into the most affordable source of new energy. KP Group itself has grown from a 1.5 MW plant in 2016 to a ~6 GW portfolio, with its largest 645 MWp project underway in Khavda, Gujarat.
Together, rural and urban rooftops could support 960 GW of capacity, with 600 GW in rural areas and 360 GW in urban zones. These figures account for variations in household size, roof area, and shading, offering a more accurate picture of solar potential across diverse environments.
Decentralized systems like rooftop solar have been key to this evolution. Rahul Raizada, partner - Climate and Energy at PwC India, notes, "The Indian solar industry has seen fantastic growth from 3.7 GW in FY15 to 106 GW by end of FY25 (~40 per cent CAGR) in the last decade in terms of installed capacity. Clearly the growth has been fuelled by policy initiatives such as VGF, solar park schemes, PM Kusum, PM Surya Ghar Yojana, RPOs and Green Open Access." Raizada identifies three pillars in the sector's rise: utility-scale installations, decentralized solutions like rooftop systems and agri-pumps, and a maturing solar manufacturing ecosystem. "The manufacturing ecosystem development has not only created jobs but also added to the overall GVA in the economy," he adds.
Agri-voltaics, an increasingly important category in India's solar blueprint, offers another 4,177 GW of potential. Horticulture areas dominate with 4,059 GW, followed by tea (25 GW) and coffee (93 GW) plantations. The report recommends that agricultural universities and Krishi Vigyan Kendras lead localized pilot studies to validate real-world feasibility across agro-climatic zones.
The scope also includes 684 GW of capacity from infrastructure-based applications, based on 2024 estimates from GIZ. This segment includes installations along railways (79 GW), roads (75 GW), urban surfaces (221 GW), and building-integrated PV systems (309 GW).
Mukesh Gupta, co-founder, Maxvolt Energy, lauds the sector's transformation over the last decade. "With a mere 2.8 GW national capacity in 2014 to over 108 GW in present times, this 3,450 per cent increase in capacity is a testament to India's committed approach towards carbon footprint reduction. In 2025, the country ranks fourth in total renewable energy capacity, which was 220.10 GW on March 31, and solar, being the principal contributor, is expected to meet India's 500 GW of non-fossil fuel-based capacity by 2030."

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

The Coca-Cola Company (KO) Teams Up with UMG to Launch Real Thing Records
The Coca-Cola Company (KO) Teams Up with UMG to Launch Real Thing Records

Yahoo

timean hour ago

  • Yahoo

The Coca-Cola Company (KO) Teams Up with UMG to Launch Real Thing Records

The Coca-Cola Company (NYSE:KO) is one of the best stocks to buy. On June 11, Coca‑Cola announced a partnership with Universal Music Group to launch Real Thing Records (rtr), a music label to promote emerging global talent and foster greater engagement between artists and audiences. This collaboration represents Coca‑Cola's longstanding relationship with music. Adopting a genre-agnostic philosophy, rtr seeks to bring forward unique and authentic voices from around the world, positioning itself as a platform for the next generation of musical talent. The label's debut signings include Max Allais, a French-New Zealand artist, and Aksomaniac, an Indian singer-songwriter and producer. Pixabay/Public Domain Joshua Burke, Coca‑Cola's Global Head of Music & Culture, commented: 'The Coca‑Cola Company has a rich legacy, one of deep human connection and cultural resonance—breaking barriers and bringing people together across borders and generations. Real thing records is designed to unlock greater potential for artists, fans, and our brands—where creativity fuels growth, and the combined power of our network and key global music partners create value greater than the sum of its parts. It's our intention to let artists shine and give them the flexibility to develop their identities with the support of global reach and expertise. It's a long-term commitment to music—enabling us to reinvest in our programs, champion the next generation of talent, and stay rooted in what matters most: music and fandom." The Coca-Cola Company (NYSE:KO) is a global beverage corporation that produces and distributes carbonated soft drinks, bottled water, juices, teas, coffees, and plant-based beverages. While we acknowledge the potential of KO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio

Air India C.E.O.'s Remarks After Plane Crash Draw Scrutiny
Air India C.E.O.'s Remarks After Plane Crash Draw Scrutiny

New York Times

time2 hours ago

  • New York Times

Air India C.E.O.'s Remarks After Plane Crash Draw Scrutiny

Campbell Wilson stood in a gray suit before a camera last week to read a carefully worded statement about the plane operated by Air India, the company he leads, that had crashed hours earlier in Ahmedabad, India, with 242 people aboard. His remarks immediately drew criticism. Social media users said he appeared cold and lacking in empathy. Soon after that, another critique emerged: Much of Mr. Wilson's speech was identical to one given five months earlier by Robert Isom, the chief executive of American Airlines, after a deadly crash in Washington. The similarities in the two statements are striking. Karthik Srinivasan, a communications consultant in Bengaluru, India, posted transcripts on social media showing that many of Mr. Campbell's words had exact parallels in Mr. Isom's. 'First and most importantly, I'd like to express our deep sorrow about these events,' Mr. Isom said in the video published Jan. 29. On June 12, Mr. Wilson began: 'First and most importantly, I would like to express our deep sorrow about this event.' 'This is a difficult day for all of us at American Airlines,' Mr. Isom continued. Mr. Wilson said: 'This is a difficult day for all of us at Air India.' Want all of The Times? Subscribe.

ENRISSION INDIA CAPITAL Backs Pico Xpress to Accelerate Quick Commerce Growth
ENRISSION INDIA CAPITAL Backs Pico Xpress to Accelerate Quick Commerce Growth

Entrepreneur

time2 hours ago

  • Entrepreneur

ENRISSION INDIA CAPITAL Backs Pico Xpress to Accelerate Quick Commerce Growth

The fresh capital will be used by Pico Xpress to strengthen its technological infrastructure, expand delivery operations, and scale its reach across urban India. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. In a significant boost to India's fast-growing quick commerce sector, ENRISSION INDIA CAPITAL has invested in Pico Xpress in a Pre-Series A funding round. The fresh capital will be used by Pico Xpress to strengthen its technological infrastructure, expand delivery operations, and scale its reach across urban India. Founded in 2023 by Aniruddha Gangopadhyay and Kamal Syal, Pico Xpress is a Bengaluru-based logistics startup redefining how essential goods reach consumers. The company specialises in last-mile delivery, time-bound quick commerce logistics (within 30, 60, and 120 minutes), and omni-channel fulfillment through dark stores. With a presence in over eight cities, Pico Xpress is building the backbone for India's convenience-driven commerce future. Aniruddha Gangopadhyay, Co-founder of Pico Xpress, said, "ENRISSION INDIA CAPITAL's investment fuels our mission to build India's leading quick commerce logistics backbone. This capital infusion allows us to rapidly enhance our technological capabilities and expand our operational footprint." Co-founder Kamal Syal added, "Our goal is to create a seamless and highly efficient quick commerce delivery experience. With ENRISSION's support, we are poised to innovate and set new standards in logistics speed and reliability." Harsh Deodhar, Principal at ENRISSION INDIA CAPITAL, stated, "Pico Xpress is at the forefront of India's quick commerce revolution. We are excited to support their vision of delivering essentials with unmatched speed and reliability, and shaping the future of convenience retail." As India's demand for faster deliveries surges, Pico Xpress is uniquely positioned to capitalise on the shift, offering businesses and consumers a dependable and scalable logistics partner for the digital age.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store