Union Minister Piyush Goyal on Thursday said India has achieved a major clean energy milestone with its renewable energy capacity touching 227 GW, marking a staggering 4,000% growth in solar capacity over the last decade. Speaking at the 11th edition of the India Energy Storage Week (IESW) 2025 in New Delhi, the Commerce and Industry Minister said India could be the first G20 nation to have achieved its Paris Agreement climate targets ahead of time.
Minister Goyal cited Palli village in Jammu & Kashmir as a showcase for India’s energy journey. The village, now carbon-neutral, uses solar power and energy-efficient systems. He also pointed out that the IESW venue itself, Yashobhoomi, embodies sustainability through its rooftop solar units, water recycling systems, and energy-saving infrastructure.
“India’s solar photovoltaic module capacity has increased nearly 38 times and solar cell manufacturing has gone up 21 times. This shows how fast we’re growing,” said the minister. He highlighted schemes like PM Surya Ghar Yojana and PM Kusum Yojana as crucial steps in making households and farms self-reliant in energy. He added that the government’s Production Linked Incentive (PLI) scheme for Advanced Chemistry Cells (ACC) is expected to further boost India’s clean tech manufacturing.
Congratulating the organisers of IESW for bringing together leaders across clean energy, storage, e-mobility, and green hydrogen, Goyal said, “India is on track to meet its growing energy needs through sustainable sources, round-the-clock.”
Calling energy storage the backbone of India’s clean energy shift, he stressed the role of battery systems, pumped hydro, geothermal, and even nuclear energy in supporting this transition. Goyal proposed a four-pillar approach, innovation, infrastructure, supply chain resilience, and value chain integration, to fast-track India’s energy independence.
He also spoke of a Rs 1 lakh crore Research & Development Fund recently approved by the Cabinet, which he said could rival global R&D investments due to India’s cost-effectiveness. Stressing the importance of domestic manufacturing, from raw materials to battery recycling, he urged industry leaders to step up, explore new opportunities, and build a self-sufficient energy ecosystem.
“Energy security is not just a goal, it’s a responsibility,” he said, reaffirming India’s target of achieving 500 GW renewable capacity by 2030.
