India’s solar power sector led the renewable energy growth, with capacity additions soaring from 15 GW in FY24 to nearly 21 GW in FY25, a remarkable 38 per cent increase. A significant milestone of surpassing 100 GW of installed solar capacity achieved this year.

India's solar module manufacturing capacity nearly doubled from 38 GW in March 2024 to 74 GW in March 2025, while solar PV cell manufacturing capacity tripled from 9 GW to 25 GW. Country's first ingot-wafer manufacturing facility (2 GW) commenced production in FY25. Under the Production Linked Incentive (PLI) Scheme for High-Efficiency Solar PV Modules, investments worth Rs 41,000 crore have been made, generating direct employment for approximately 11,650 people.

The PM Surya Ghar Muft Bijli Yojana is benefiting over 11.01 lakh households by March 31, 2025. Rs 5,437.20 crore has been disbursed as Central Financial Assistance to 6.98 lakh beneficiaries.

Green Hydrogen sector also saw significant developments. Incentives worth Rs 2,220 crore were awarded for 1,500 MW per annum of electrolyser manufacturing, while an additional Rs 2,239 crore was allocated for 4,50,000 tons-per-annum (TPA) of Green Hydrogen production. 

The PM KUSUM Scheme witnessed record progress. In Component B, 4.4 lakh pumps were installed in FY25, a 4.2-fold increase over the previous year. In Component C, 2.6 lakh pumps were solarized, 25 times more than in FY24. The total number of solar pumps installed/solarized under the scheme has now exceeded 10 lakh. Financial expenditure for PM-KUSUM surged to Rs 2,680 crore, a 268 per cent increase from the previous year.