Solar PV module manufacturing capacity to reach 125 GW by 2030, says Pralhad Joshi

India's solar manufacturing capacity to reach 125 GW by 2030, emerging as a global renewable energy leader.

India's solar PV module manufacturing capacity will increase to 125 gigawatt (GW) by 2030 from the current 80 GW, and its installed solar cell manufacturing capacity will soon touch 40 GW from 25 GW at present, Union Minister of New and Renewable Energy Pralhad Joshi said in Gujarat's Navsari district on Saturday (March 29, 2025).

In 2014, solar PV module manufacturing was nearly absent in the country, he said after inaugurating a state-of-the-art 5.4 GW solar cell manufacturing facility of Waaree Energies Limited at Degam in Navsari.

"Today, companies like Waaree are producing 80 GW solar PV modules. By 2030, our total solar PV manufacturing capacity will be 125 GW. Similarly, solar cell manufacturing was nil in 2014. But today we are manufacturing 25 GW, and very soon we will reach a target of 40 GW. We are moving ahead with the thinking of integrated solar, right from polysilicon to module, to be manufactured in India," he said.

India has emerged as the world's third largest producer of renewable energy, and will achieve the target of 500 GW of renewable energy capacity by 2030 from 220 GW currently, the Union minister added.

He said the target of 500 GW would be achieved because "if Prime Minister Narendra Modi is there then it is possible".

The world's largest bid for green ammonia was brought out by India, and 50 per cent export order has been booked for electrolyser and green hydrogen manufacturing, Joshi pointed out.

"We're the third largest producer of renewable energy. Ten years ago, we were nowhere on the map of renewable energy. A lot has been achieved under the leadership of PM Modi. India is back to basics in harnessing the power of nature and has emerged as not just a participant but the leader in global renewable energy," he said.