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India's solar power installed capacity was 89.43 GW AC as of 31 August 2024.[1] India is the third largest producer of solar power globally.[2]
During 2010–19, the foreign capital invested in India on Solar power projects was nearly US$20.7 billion.[3] In FY2023-24, India is planning to issue 40 GW tenders for solar and hybrid projects.[4] India has established nearly 42 solar parks to make land available to the promoters of solar plants.[5] Gujarat Hybrid Renewable Energy Park will generate 30 GWAC power from both solar panels and wind turbines. It will spread over an area of 72,600 hectares (726 km2) of waste land in Kutch district of Gujarat.[6][7]
The International Solar Alliance (ISA), proposed by India as a founder member, is headquartered in India. India has also put forward the concept of "One Sun One World One Grid" and "World Solar Bank" to harness abundant solar power on a global scale.[8][9]
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