Back to CNN content Sponsored Content by Make in India
© 2016 Cable News Network. Turner Broadcasting System Europe, limited. All Rights Reserved. Terms of service Privacy guidelines Ad choices About us Contact us Work for us Help


India's fastest growing energy source

Whether generated by wind, sun or another clean, green alternative, local and foreign investors know that nothing is more certain; India’s future growth will be powered by renewable energy.

India's best year yet

India’s renewables sector (excluding hydro) is growing faster than coal fired power plants.

According to a recent study by Bloomberg, 2016 is on track to become the best year yet for installing renewable energy. As of October 31, 2016, India had 45.9 GW of renewable energy capacity (excluding large hydro), representing 14.9% of total electricity generation capacity.

Clean Power Generation


The government has ambitious targets to build 175 GW of renewable energy by 2022, mainly generated by solar and wind.

Indian Villages

The government is also pushing for the rapid electrification of more than 18,000 villages.

USD 15O Billion

If achieved the total clean power generation investment opportunity will amount to more than USD 160 Billion.


The government’s renewable targets will enable it to achieve its goal of meeting the nation’s fast growing demand for electricity, while also cutting pollution. In turn, presenting Indian companies and foreign investors with unprecedented opportunities.

Earlier in 2016, India ratified The Paris Climate Agreement, making official its commitment to reduce greenhouse gas emissions.

Solar is King

In the last four years India’s solar sector has expanded 59%.

Solar energy capacity is growing twice as fast as wind and coal.

While wind power is expanding in India’s south-west, solar power is being installed in every Indian state.

India's Solar Park

Indian conglomerate Adani already operates a 40 MW solar power plant in Bitta, Gujarat. But the jewel in its solar crown is a 648 MW plant that has been built in in Ramanathapuram, in the southern state of Tamil Nadu. This will be India’s largest solar park, and one of the biggest in the world.

Adani is planning to build solar power plants across nine other Indian states as well. Some of these will be on a scale never seen before. It’s signed a Memorandum of Understanding with Rajasthan Government to set up a 10,000 MW solar park. Another 13,000 MW capacity park is planned in Gujarat.

ABB India, owned by the Swiss-Swedish multinational ABB, is also involved in the project. It has commissioned five sub stations to connect Tamil Nadu’s massive solar park to the national grid.

Headquartered indian conglomerate Adani is aiming to be a world leader in developing renewable power

Rooftop Power

According to renewables consultancy group Bridge To India, the country’s rooftop solar power capacity topped 1 GW in 2016. Rooftop solar power in India now stands at 1,020 MW, with 513 MW capacity added over the last 12 months.

It adds that many of those getting on board are commercial and industrial consumers, who have made the switch because of the rising cost of traditional electricity.

Against this backdrop the growth in rooftop solar is expected to continue, with the market predicted to reach a total capacity of 12.7 GW by 2021.

Installing rooftop solar power is reducing power bills by as much as 30% in states like Maharashtra and Haryana

The Power of Wind Energy

Financial incentives have assisted the growth in wind

Wind is still the most attractive renewable energy sector for investors and India is the world’s fourth largest producer of wind energy.

In the last three fiscals, investors poured USD 7 Billion into the wind energy sector, compared to USD 4.5 Billion into solar power. Bioenergy and small hydropower projects also attracted sizable investments.

Between now and 2022, India plans to add over 32 GW of wind energy capacity and more than 91.5 GW in solar power capacity.

Pune headquartered Suzlon Energy is one of the country’s largest wind energy providers and is now entering the solar power market too.