India on Track for 472 GW Renewable Energy by FY26.

India is making rapid progress toward its ambitious renewable energy goals, with the country firmly on track to achieve a renewable energy capacity of 472 gigawatts (GW) by the end of fiscal year 2026. This announcement came on Wednesday from Power Minister Manohar Lal, who highlighted India's significant strides in energy generation.

Halfway Mark Reached

Minister Lal stated that India has already reached nearly 50 percent of its total generation capacity target of 472 GW. "Currently, we have reached almost 50 percent of our total generation capacity of 472 GW, and by the end of this year, India is on the track to achieve the 50 percent renewable energy milestone of 472 GW," he confirmed. This signifies a major step in the nation's transition to cleaner energy sources.

The Crucial Role of Energy Storage

Despite the impressive progress, the Minister emphasized the critical need for robust energy storage systems to ensure grid stability and reliable 24/7 clean energy. "However, to stabilize our grid, optimize power generation, and ensure 24/7 reliable clean energy, establishing an energy storage system is essential to meet our targets," he added. This underscores the government's recognition that while generation capacity is growing, effective storage solutions are vital for maximizing the benefits of renewable energy and ensuring a consistent power supply.