India Renewable Energy Market Report 2026

India has emerged as a leading renewable energy market, supported by sustained policy ambition, competitive procurement, infrastructure development and a growing domestic manufacturing base. This report examines the evolution and outlook of renewable energy across the power, transport and heating sectors, and considers its implications for affordability, reliability and energy security. It finds that renewable deployment is broadening across technologies and end uses, reducing exposure to fossil fuel imports and price volatility. Continued progress will depend on faster grid and storage development, streamlined project implementation, more effective integration of variable renewables and building efficient feedstock supply chains, underpinned by high sustainability standards. India’s experience offers valuable lessons for emerging economies seeking to advance affordable, reliable and secure clean energy transitions.