Daily News Wrap-Up: Solar Drives Renewables Past Thermal in India’s Power Mix

In a temporary cheer for the solar sector, silver prices crash after months-long rally

February 3, 2026

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Solar power accounted for 26.5% of India’s total installed power capacity and 52.7% of the total installed renewable energy capacity as of December 2025. Solar installations rose 8.8% quarter-over-quarter and 39.6% year-over-year (YoY). India’s renewable energy capacity, including large hydroelectric projects, reached 258.3 GW by the end of the fourth quarter (Q4) of 2025, accounting for 50.2% of the country’s total installed power capacity, based on data from the Central Electricity Authority, the Ministry of New and Renewable Energy, and Mercom’s India Solar Project Tracker.

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