[SMM PV News] India Hits Record 44.6 GW Solar Capacity Addition in FY2026

Published: Apr 13, 2026 14:05
India added a record 44.6 GW of solar and 6 GW of wind capacity in fiscal year 2026, representing year-on-year increases of 87.2% and 45.6%, respectively, according to JMK Research. As of March 31, 2026, India's total renewable energy capacity reached 275 GW, with solar accounting for 55% (150.26 GW). The surge was primarily driven by the commissioning of projects under the MNRE’s 50 GW annual bidding trajectory and the acceleration of projects ahead of the June 2025 ISTS waiver deadline. Additionally, the PM Surya Ghar scheme significantly boosted residential rooftop adoption, with Maharashtra and Gujarat leading the state-level installations across various solar segments.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM PV News] AFRY to Support 36 MW Solar-plus-Storage Project for KLIA
18 mins ago
[SMM PV News] AFRY to Support 36 MW Solar-plus-Storage Project for KLIA
Read More
[SMM PV News] AFRY to Support 36 MW Solar-plus-Storage Project for KLIA
[SMM PV News] AFRY to Support 36 MW Solar-plus-Storage Project for KLIA
Swedish consultancy AFRY has been appointed Owner’s Engineer for a 36 MWp solar PV and 10 MW/40 MWh BESS project at Kuala Lumpur International Airport (KLIA). Developed under Malaysia's SELCO program, the facility is expected to generate 46 GWh annually and offset 35,000 tonnes of CO2. As one of the nation's early large-scale self-consumption solar plants equipped with storage, the project will enhance energy reliability for the airport hub. AFRY's scope includes design review, project management, and BESS commissioning.
18 mins ago
[SMM PV News] Tokyu Land Leads JPY 30 Billion Investment in Japanese BESS Portfolio
19 mins ago
[SMM PV News] Tokyu Land Leads JPY 30 Billion Investment in Japanese BESS Portfolio
Read More
[SMM PV News] Tokyu Land Leads JPY 30 Billion Investment in Japanese BESS Portfolio
[SMM PV News] Tokyu Land Leads JPY 30 Billion Investment in Japanese BESS Portfolio
A consortium led by Tokyu Land Corporation will invest approximately JPY 30 billion in six grid-scale battery storage projects in Japan, totaling 174 MW. Scheduled to come online between FY 2027 and FY 2029, the projects will be located across regions including Hokkaido and Fukuoka. Battery systems will be supplied by Itochu, a key partner in the multi-firm initiative. This collaborative investment model involving firms like Tokyo Century and Nomura highlights a growing focus on co-managed infrastructure to support Japan’s decarbonization goals.
19 mins ago
[SMM PV News] NSW Approves Major BESS Projects in Newcastle and Tamworth
20 mins ago
[SMM PV News] NSW Approves Major BESS Projects in Newcastle and Tamworth
Read More
[SMM PV News] NSW Approves Major BESS Projects in Newcastle and Tamworth
[SMM PV News] NSW Approves Major BESS Projects in Newcastle and Tamworth
The NSW Independent Planning Commission has greenlit two major BESS developments: Ausgrid’s 200 MW/400 MWh Steel River East project in Newcastle and Iberdrola’s 270 MW/1,080 MWh Kingswood project near Tamworth. Both were classified as State Significant Developments and approved despite receiving over 50 public objections each. The Commission concluded that these projects are vital for grid reliability, with the Kingswood facility capable of powering 108,000 homes during peak demand periods.
20 mins ago