India has set a target of 1,800 GW of renewable energy capacity by 2047, said Sudeep Jain, Additional Secretary, Ministry of New and Renewable Energy, at the Mercom India Renewables Summit 2025.

India had hit the target of 50% non-fossil fuel-based power capacity by 2030 five years in advance. However, India would require 1,800 GW to 2,000 GW of renewable energy capacity by 2047 to support its growing demand, he said.

In his keynote address to the Summit, Jain added that India is now generating power from 243 GW of non-fossil fuel capacity.

Earlier in his opening address, Raj Prabhu, CEO, Mercom Capital Group, had urged the government to set targets for renewable energy beyond 2030 so that the industry can have a 10-year visibility for investments. “For this industry to grow in a meaningful, predictable way, we need visibility for the next five to 10 years.”

Jain said that India has set a target of 236 GWh for energy storage by 2032; however, India is yet to cross 1 GWh.

He added that India has made significant strides in ramping up solar manufacturing capacities.

“Under the Approved List of Models and Manufacturers, we now have 91 GW of solar module manufacturing registered, with another 10 to 15 GW in the pipeline. Solar cell manufacturing has reached 25 GW, with another 25 GW in the pipeline. Wind turbine manufacturing currently stands at 18 GW,” Jain said.

He noted the need to build a market for manufacturing wind components.

Jain highlighted that with over 100 GW of solar manufacturing capacity in India, there is a significant opportunity for India to export solar modules and become a global manufacturing hub.

The MNRE has expanded the ALMM by adding 742 MW of solar module manufacturing capacity. The cumulative solar module manufacturing capacity under ALMM has now reached 91,458 MW after the latest additions.

Jain also spoke about several roadblocks that the industry must overcome to meet the country’s renewable energy targets.

“There are serious challenges we must tackle. Grid integration is becoming more complex with every new renewable installation. Land and transmission constraints continue to remain real bottlenecks. These are not theoretical issues; they require immediate and practical collaboration between the central government, state governments, and the industry,” Jain said.

“The global climate is uncertain, and the industry needs to be agile. India must aim to become the manufacturing hub for the world with a special focus on research and development in the sector,” he said.

He also highlighted that renewable energy generates nearly 5-10 times more jobs than jobs from conventional power.

Discussing the need for green skilling, he urged the industry to enhance the skilling programs to cater to the renewable energy sector.

“Last year, under the PM Surya Ghar program, we trained over 100,000 industrial training institute students. Our goal now is to train 100 specialized renewable energy ITIs with your help,” Jain said.