India's $100 Billion Grid Investment Fuels Solar Manufacturing Surge
India has undergone a dramatic energy transformation from a coal-focused strategy to a solar energy boom. The Modi administration, which in 2015 aimed to double coal output to 1.5 billion tonnes by 2030, is now driving a massive $100 billion grid investment that is accelerating a solar manufacturing boom. The country added a record 44 GW of solar capacity in 2025/26, signaling a historic shift in its energy landscape away from coal and toward renewable energy infrastructure.
Key quotes
Just a decade ago, the Indian government seemed hell-bent on using coal to power its industrialization drive, with large-scale solar energy virtually unheard of in the country apart from a few microgrids serving remote rural villages and rooftop installations.
In early 2015, the Modi administration set a goal to double domestic coal output to roughly 1.5 billion tonnes by 2030.
However, the country's energy landscape has since undergone a massive transformation in a short space of time.
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