India Powers Ahead to Become the World’s Second-Largest Clean Energy Growth Hub: IEA Report – EQ
In Short : India is set to become the world’s second-largest market for renewable energy growth, according to the International Energy Agency (IEA). Driven by strong policy support, rapid solar and wind expansion, and increasing private investments, India is accelerating its clean energy transition. The nation’s renewable capacity is projected to double in the coming years, boosting global sustainability goals.
In Detail : India is emerging as a global powerhouse in renewable energy, with the International Energy Agency (IEA) projecting it to become the world’s second-largest market for renewables. The country’s clean energy sector continues to expand rapidly, driven by ambitious targets, supportive government policies, and growing investor confidence in sustainable infrastructure.
The IEA report highlights India’s remarkable progress in scaling up solar and wind energy capacity. With consistent policy backing and a sharp decline in renewable technology costs, the nation has positioned itself as a leading force in the global clean energy transition. This momentum reflects India’s determination to diversify its power mix and reduce carbon emissions.
Strong investment inflows from both domestic and international players have significantly boosted the renewable sector. Large-scale solar parks, wind farms, and hybrid energy projects are being developed across the country, particularly in Gujarat, Rajasthan, and Tamil Nadu. These initiatives are transforming India’s energy landscape.
The central government’s focus on self-reliance and sustainability has played a pivotal role in this growth. Schemes such as PM-KUSUM, solar rooftop programs, and green energy corridors are enhancing grid integration and rural energy access. These measures ensure that renewable power reaches even remote areas efficiently.
India’s renewable capacity is expected to double within the next few years, driven by strong public-private partnerships. The country’s power sector reforms are further creating a favorable environment for clean energy developers and investors seeking long-term stability.
The IEA notes that India’s renewable expansion is crucial for meeting global climate targets. As the third-largest energy consumer, India’s shift toward low-carbon solutions will have a profound impact on reducing global greenhouse gas emissions.
In addition to solar and wind, India is investing in new frontiers like green hydrogen and battery storage. These technologies are expected to strengthen grid reliability, create green jobs, and reduce dependence on fossil fuels.
Collaborations with international energy agencies, financial institutions, and private firms are also fueling innovation. India’s policy-driven approach aims to balance economic growth with sustainability, ensuring energy security and affordability for all citizens.
As the world transitions toward a greener future, India stands at the forefront of this transformation. Its leadership in renewable growth signals a new era where clean energy drives economic progress, climate resilience, and global collaboration.
