Last Updated on January 1, 2026 by Author
2025 will be remembered as a defining year for India’s renewable energy landscape—one marked by unprecedented capacity additions, bold policy strides, and a unified industry commitment toward accelerating the energy transition. From record-breaking solar and wind installations to rapid advances in green hydrogen, storage, and domestic manufacturing, the sector demonstrated remarkable resilience and ambition despite global supply challenges.
Companies across the value chain—developers, manufacturers, financiers, and innovators—moved with renewed clarity and purpose, helping India inch closer to its long-term net-zero vision. As Renewable Mirror reached out to industry leaders for this special year-end edition, one theme echoed strongly across their reflections: 2025 was not just a year of achievements, but a year of transformation.
Leaders shared how their organizations pushed boundaries, commissioned milestone projects, strengthened sustainability commitments, and scaled operations at a record pace. Equally inspiring were their visions for 2026—a year poised to usher in deeper market maturity, stronger domestic capabilities, and more collaborative approaches to clean energy development. Their insights paint a vivid and optimistic picture of where India’s green revolution is heading next.
Industry Reflections:
Mr Manjunath N Reddy, Founder & Managing Director, DhaSh PV, said, “2025 has been a remarkable year in DhaSh Group’s growth story, a year defined by scale, innovation and commitment to strengthening India’s position in the global solar value chain. With 63 GW Manufacturing Capacity, DhaSh continues to deliver world-class PV junction boxes and connectors while rapidly expanding into complementary technologies. This year marked key milestones, including the launch of high-efficiency Solar Ribbon & Busbar solutions and Corrosion-resistant Composite Solar Frames, engineered to improve module performance, durability and overall energy output. Our belief remains firm, India must not only embrace the renewable future, but lead it confidently. As we move towards 2026, our focus is on deeper automation, process excellence, advanced material science and a stronger global supply footprint, making clean energy more reliable, affordable and impactful. We envision an ecosystem where Indian manufacturing stands at the forefront of global capability, where sustainability meets technology, where innovation drives growth, and where every product we create energises a greener tomorrow. DhaSh remains committed to building solutions that empower industries and accelerate the world’s transition to clean energy. “
Mr. Gautam Mohanka, Director, Gautam Solar, quoted, “This year has been a milestone year for us, marked by significant progress across our operations and strategic initiatives. We successfully began operations at our new Bhiwani facility, further strengthening our manufacturing footprint. Equipped with a fully automated robotic manufacturing setup, we deliver superior-quality modules backed by 30 years performance warranty. We have achieved 4 GW ALMM Approved Manufacturing Capacity, and 1 GW is currently under process. These achievements have helped position us firmly among the Top 10 solar manufacturers in India, reflecting our commitment to quality, reliability, and continuous innovation. Looking ahead, we are preparing for one of our most transformative growth phases. Our upcoming 5 GW solar cell manufacturing plant is set to begin operations by 2026, enabling deeper backward integration and greater technological independence. In addition, we have also received a LOI from MPIDC for 40 acres of land in Narmadapuram for the establishment of the state-of-the-art ingot and wafer manufacturing facilities, along with an ancillary unit of aluminium frame. This will significantly enhance supply chain resilience and help us in expanding manufacturing in upstream stages, paving the way toward a fully integrated solar value chain. Our roadmap is ambitious, but driven by a clear vision: to empower India with world-class, sustainable, and high-performance solar solutions.”
“Give whatever you can support, time, effort, Money, Smile, kindness – because humanity is the only thing that stays forever.”, wishes Dr. Faruk G. Patel, Founder & Chairman, KP Group.
Vinay Thadani – Director and CEO at GREW Solar, commented, “This year has reinforced one simple truth. The world is moving to clean energy faster than ever, and GREW Solar is ready to play a larger role in that shift. Our expansion in cell and module capacity is already underway, and the support from India’s PLI scheme will help us scale even further. This not only strengthens domestic manufacturing but also creates real jobs across engineering, production, and allied industries. We are deepening our presence across the country, and for the domestic market, we recently launched the G12R High-Power Series to support large-scale utility needs with improved efficiency and global markets like the US, where our ALL BLACK Series is designed specifically to meet local requirements. But for us, progress is not only about scale. It is about building a dependable solar ecosystem that supports the nation’s renewable goals and gives people access to clean, reliable energy. As we step into the new year, our focus stays on creating solar solutions that are trusted, accessible, and good for the future.”
Dr. Chetan Shah, Chairman & Managing Director, Solex Energy Limited, said, “2025 has been a defining year for India’s solar manufacturing ecosystem, marked by strong capacity expansion across modules and cells, reflecting India’s steady progress toward clean-energy self-reliance. This growth has been supported by a stable policy direction and continued backing from the Government of India, enabling manufacturers to scale with confidence. As we move ahead, closer coordination between the Centre and states, a transparent and harmonised power procurement framework, and faster adoption of Battery Energy Storage Systems will be critical for sustaining momentum and ensuring grid stability. Looking to 2026, the focus must shift from capacity to excellence, driven by technology, R&D, and public–private collaboration, to position India as a global centre for renewable energy innovation.”
“As we reflect on the past year, the renewable energy sector has once again demonstrated remarkable resilience and unprecedented innovation. Our mission is simple – build solar technologies that are engineered and built for Make in India, and ready for the world. With our newly launched high-range on-grid series, next-gen BESS solutions, and the All-in-One smart inverter, we have strengthened our commitment to innovation that is practical, scalable, and accessible.” We are preparing to meet this rising demand with advance production lines and automated testing system. At PV Blink, we see 2026 as the year when reliability, intelligent design, and data-driven energy management will become the core expectations for every solar customer. Our inverters are designed with advanced features that ensure long-term reliability and consistent performance, regardless of environmental challenges. Key strategic directions for PV Blink include Continued focus on research and development tailored to local Indian conditions and needs, The goal is to provide value to EPC partners, distributors, and end-users through reliable products, The expected outcomes for customers are higher energy generation, reduced downtime, and comprehensive service assurance. The future of energy is collaborative, clean, and within our grasp. “India’s renewable future is bright; we can ensure that 2026 marks a pivotal step towards a truly sustainable and prosperous world. PV Blink will stand at the forefront – driving technology, trust, and transformation.As a reliable and efficient solution and service provider, PVblink’s philosophy is to create a win partnership with its customers. By understanding the pain points of customers and integrating them in our customer care, PVblink is able to offer outstanding before and after sales service.”, said Mrs. Chirana Patel, Marketing Manager, PVblink Technology Pvt. Ltd.
Manish Gupta, Chairman, Insolation Energy Ltd. (INA Solar), said, “A BSE SME-listed company, Insolation Energy Limited (INA Solar) stands as one of India’s leading Solar Panel Manufacturers. With over 8 years of impeccable manufacturing performance, INA Solar operates three advanced facilities in Jaipur with a combined annual capacity of 5.5 GW. We are on a rapid growth path with expansion plans to reach 7 GW PV Modules, 4.5 GW Solar Cells, and 18,000 MTA Aluminum Frame manufacturing across Rajasthan and Madhya Pradesh. We deliver cutting-edge TOPCon M10R, G12R and MonoPERC (DCR | NDCR) solar panels, ranging 500 Wp to 635 Wp backed by innovation and uncompromising quality. Our state-of-the-art manufacturing facilities leverage AI and robotics to ensure precision, efficiency, and reliability in every panel we produce. Designed for diverse needs, our panels cater to residential, solar parks, commercial and industrial installations, as well as solar pump applications. Reinforcing our industry leadership, INA Solar has also ranked No. 1 among its global listed peers in the Financial Stability Ranking Report by SINOVOLTAICS, a Dutch-German consultancy firm and was proudly featured in Forbes India Magazine Article ‘Best Under A Billion’. In a bold and strategic move, the company has partnered with the renowned Lucknow Super Giants as an Associate Partner for T20 Seasons, promoting solar energy on one of the nation’s largest platforms. Our success reflects the trust of our customers and the industry. Driven by innovation and our motto “Together We Shine,” we deliver high-performance products and remain committed to creating a more energy-efficient future for all.”
Echo Wang, International Business Director, First Energy, stated: “In 2025, First Energy reached several important milestones, including the successful delivery of multiple high-profile projects and a strong expansion of its global market share. First Energy established in 2007, is dedicated to the R&D, manufacturing, and sales of high-quality solar products. Headquartered in Nanjing, China, and our PERC production sites are in Jiangxi, TOPCON production sites are in Xuzhou(HY solar). (HY Solar, starting as a PV equipment manufacturer, the company has evolved into a comprehensive integrator of the N-type PV industry chain, Its vision is to become a Global Green Energy Industry Eco-Integrator, driving innovation and sustainable development across the sector. First Energy and HY Solar are excellent strategic partners.) Looking ahead, strategy emphasizes technological leadership, focusing on integrating AI and data analytics to enhance intelligent production systems and launching higher-efficiency products. While strengthening its domestic foundation, First Energy will continue expanding its international footprint. Guided by the mission to “bring solar to everyone through continuous cost reduction and quality improvement,” First Energy will continue to uphold excellence across all operations and contribute to the sustainable growth of the global solar industry.
“The year 2025–2026 has been a defining chapter for Icon Solar-En Power Technologies Pvt. Ltd.—a year that tested our resilience yet strengthened our commitment to India’s renewable mission. Despite one of the heaviest monsoons in recent memory disrupting transport and supply chains across the country, our teams ensured timely deliveries and uninterrupted project support. This year proved that reliability is not claimed; it is demonstrated. A major milestone was the successful expansion of our production infrastructure to 2.6 GW, placing Icon Solar among India’s rapidly advancing manufacturing leaders. This growth reflects the trust of our partners and the dedication of our people who work tirelessly to deliver excellence. Our presence at RenewX 2025 in Chennai and REI 2025 in Greater Noida further strengthened our industry relationships. Both events saw tremendous footfall, meaningful conversations, and a reaffirmation of the growing confidence in Indian solar manufacturing. Operationally, we achieved a significant breakthrough with 80 MW of direct module supply in the Marathwada region of Maharashtra. We were also honored to contribute to MSEDCL’s Genius Book of World Record achievement—installing 45,911 solar pumps in a single month—a milestone that directly benefits farmers and rural communities. The year also saw rising global export inquiries, signaling India’s increasing recognition as a credible solar manufacturing hub. As we move into 2026, Icon Solar stands stronger, more prepared, and deeply committed to powering India’s clean-energy journey with integrity, innovation, and unwavering purpose.”, quoted Er. Shailendra Shukla, Chairman, Icon Solar.
“This year marked a defining phase for India’s solar industry, with Solar installed capacity crossing 130+ GW and annual additions exceeding 30 GW. As production lines scale to 5,000–10,000 modules per shift and high-efficiency formats like TOPCon, bifacial, and 600+ Wp modules become mainstream, the demand for reliable testing, certification readiness, and skilled manpower has never been greater. At Aster e Technologies, we turned this momentum into meaningful progress. Beyond deploying advanced testing systems, we executed end-to-end installation and commissioning of Zealwe Technologies and BrightSpot Automation laboratory machines and Avalon LED A+A+A+ Solar Simulators across India, ensuring faster ramp-up and seamless integration into manufacturing environments. Our team delivered hands-on operator and engineer training, empowering factories to enhance yield, reduce testing time, and maintain global compliance. One of our major focus areas this year was supporting manufacturers preparing for NABL accreditation. Through system optimization, documentation alignment, calibration readiness, and audit support, we helped multiple labs move closer to achieving internationally recognized quality standards. In parallel, our BIS & IEC-focused training programs strengthened technical understanding of product standards, safety protocols, and process validation—critical for maintaining consistency as the industry transitions to new technologies. Looking ahead to next year, our vision is to expand deeper into AI-driven and LIMS inspection systems, automated reliability platforms, digital lab ecosystems, and continuous training frameworks. With India’s module capacity expected to move toward 150–170 GW, capability building will be just as important as technological innovation. At Aster, we remain committed to providing world-class installation, training, certification support, and technology solutions that help India’s solar ecosystem grow stronger, smarter, and globally competitive.”, said Dibakar Roy, CEO & Founder, Aster E-Technologies.
Akshat Jain, CEO, KLK Ventures, said, “This year marked transformative progress, from winning the PM-KUSUM mandate to solarize 4,000 agricultural pumps in Jammu & Kashmir, to receiving the Letter of Empanelment for off-grid solar water pumping systems. Our continued success in securing the Assam project for 500 off-grid pumps and partnering with UPNEDA to accelerate clean energy adoption across Uttar Pradesh reinforces the trust stakeholders place in our capabilities. We also expanded our footprint with the deployment of SPV water pumping systems across Maharashtra and advanced smart infrastructure through the Jharkhand Solar Street Lighting Project, which integrates intelligent monitoring and long-term maintenance. Together, these milestones reaffirm our mission to drive accessible, reliable, and sustainable energy solutions across India. As we set our sights on 2026, our vision is clear, to deepen innovation, scale renewable infrastructure, and deliver impact at both grassroots and national levels. We remain committed to engineering solutions that empower communities, strengthen agriculture, and shape India’s clean energy future. The momentum we’ve created is only the beginning.”
Mr. Divyesh Savaliya, Chairman & Managing Director, Onix Renewable Ltd., said, “As the renewable energy landscape enters a defining decade, I am pleased to share Onix Renewable Ltd.’s reflections and aspirations for 2026. This year has been both humbling and transformative. AsiaOne’s recognition of me as India’s Fastest Growing Leader 2025, alongside Onix being honored as India’s Fastest Growing Brand 2025 in Dubai, reaffirms our belief that purposeful vision combined with relentless execution creates meaningful national impact. Our achievement at the Real Estate & Business Excellence Awards, Mumbai 2025 further strengthens this conviction. 2025 has been a year of turning commitments into reality. We proudly commissioned our 106 MW project in Gujarat, now fully operational and powering progress. In Maharashtra, our major projects—990 MW, 969 MW are advancing with remarkable momentum and stand poised for timely completion. A landmark milestone for us is winning the 50,000-metric-ton Green Ammonia tender from SECI, a project that positions Onix at the heart of India’s green hydrogen revolution. We are committed to delivering it within the next three years. As we look ahead to 2026, our mission is clear: to push boundaries, expand clean energy capacity, and shape a greener, more resilient future for India.
Rajesh Kaushal, Vice-President, Energy Infrastructure Business Group, Delta Electronics India, stated, “2025 has been an important year for all of us at Delta Electronics India. As the energy landscape continues to shift rapidly, we have focused on strengthening the solutions that truly create real value on the ground. Our portfolio now spans across scalable battery energy storage systems, high efficiency power conversion systems, megawatt solutions, power quality restorers, wind converters, advanced solar inverters, electric vehicle charging, and digital energy management platforms designed for India’s day to day grid realities. At REI 2025, it was encouraging to see the strong response to our integrated energy infrastructure portfolio. Customers engaged with our solutions in energy storage, solar power, EV charging, and smart energy management platforms. These are not just products for us; they represent the direction in which India’s energy future is moving. Looking ahead to 2026, our aim is to build on this momentum. India’s transition will increasingly depend on solutions that are reliable, easy to integrate, and ready for scale. We are strengthening our India-led innovation and expanding local manufacturing to support customers with systems that are practical, long-lasting, and built for Indian conditions. Whether it’s hybrid plants, commercial applications, or EV infrastructure, our goal is to create energy solutions that are Designed, Developed, and Made in India that can compete globally.
“At Ciel Et Terre, we believe floating solar is not just an innovation—it’s an essential pillar of the global clean energy transition. India’s remarkable progress from 3 MWp in 2018 to over 1.8 GWp by 2025 reflects a bold commitment to achieving 500 GW of renewable capacity by 2030, and we are proud to be part of this transformation. As pioneers in floating solar, we introduced Hydrelio®, the first industrialized solution, and have delivered 3.2 GWp (completed and ongoing) across 340+ projects worldwide. Building on this legacy, our latest innovation, Fusio®, is engineered for large-scale deployments—offering reliable, cost-effective, and locally adapted solutions for reservoirs and industrial sites. We envision a world where innovation powers sustainability—pioneering resilient designs, accelerating global adoption, and driving carbon mitigation. Through bold partnerships, relentless investment in R&D, and the cultivation of exceptional talent, we strive not only to meet today’s energy needs but to protect our planet for generations to come. This is more than a business—it’s a movement toward a cleaner, brighter future. We invite developers, EPCs, and energy stakeholders to join us in shaping the next chapter of floating solar and leading the global energy transition.”, said Mr. Deepak Ushadevi, MD & CEO Ciel Et Terre.
Mr. D.V. Manjunatha, Founder and CMD, Emmvee Photovoltaic Power Limited, commented, “We pushed ourselves on every front this year at Emmvee, from expanding our manufacturing strength to delivering better products to our partners across domestic markets, we focused on achieving every milestone we set for ourselves. Listing the company on Indian capital markets was one of them and I am so proud of the entire team for making it possible. It reminded me how far this industry has come and how much more we can contribute. As we look ahead to 2026, my thinking is straightforward. We want to build steadily, invest in the right technologies, and stay focused on quality. Solar is moving fast, and only those who stay disciplined and forward-looking will create real value. We are strengthening our cell and module capabilities and preparing for the next phase of demand that will come from India’s clean energy shift. After three decades in this line of work, my hope is simple, to build a company that people can trust and a future our teams can be proud of.”
Mr. Samrath S Kochar, Founder and CEO of Trontek, said, “2025 has been a milestone year for Trontek. We’ve not only strengthened our on-ground presence in the Mobility Products, we also entered the D2C Home Energy segment with our new range of Lithium Inverter Batteries and Inverters, bringing reliable, sustainable power solutions straight to households. It’s been a year of consolidation and expansion, setting a strong foundation for the future. As we step into 2026, we’re gearing up for an exciting phase of growth. New product lines across Residential, Mobility, and Industrial applications are ready to roll out, backed by our upcoming manufacturing facilities that will further enhance our reach, responsiveness, and customer experience. Our focus remains clear, to lead India’s clean energy transition through innovation, performance, and trust. At Trontek, we’re not just powering today, we’re building the energy ecosystem of tomorrow.”
In 2025, battery swapping evolved into mission-critical infrastructure, transforming last-mile mobility with refuel-like reliability, intelligent lifecycle management, and data-driven operations. With over 30 million swaps, Yuma advanced the sector through real-time platforms like Satori and Nova, next-gen batteries, and predictive diagnostics that pushed network uptime to 99.8% and made battery health increasingly predictable. The ecosystem matured with chemistry-agnostic platforms, AI-led diagnostics, and strong momentum toward a circular battery economy, supported by clearer national policies and growing rider trust. As we look to 2026, we expect a watershed year marked by rapid electrification of last-mile fleets, interoperable high-density swap networks becoming mainstream, deeper OEM–infrastructure collaboration, and declining cost-per-swap through multi-life batteries—propelling India from early adoption to true mass-scale electrification.”, commented Mr. Muthu Subramanian, MD, YUMA Energy.
Tanmoy Duari, CEO, AXITEC Energy India Pvt. Ltd, said, “Looking back, 2025 has been a defining year for the renewable energy landscape in India, and especially for the solar sector. We witnessed a remarkable shift from ambition to implementation, projects moved faster, policies became clearer, and customer awareness grew more mature than ever before. For us at AXITEC Energy India, the year reaffirmed something we have always believed: when reliability and long-term value guide decisions, solar energy becomes the first choice, not the alternative. What stood out this year was the industry’s growing focus on quality, better modules, smarter engineering, and deeper accountability. The market is no longer driven only by price; it is driven by performance, trust, and long-term energy security. This evolution has been encouraging for every serious player in the sector. As we approach the coming year, we expect this momentum to strengthen further. Technological improvements will accelerate, distributed solar will capture a larger share, and customers, from homeowners to industries, will demand solutions that deliver consistent output over decades. Our commitment is to keep raising the benchmark and to support India’s clean-energy journey with products engineered for reliability, even in the most demanding conditions. The future of solar in India is bright, and 2026 will take us one step closer to it.”
“2025 has been a defining year for AB Energia, marked by disciplined execution, financial resilience and meaningful expansion of our renewable energy portfolio. We achieved 3x growth during the calendar year and successfully commissioned over 30 MWp of floating and rooftop solar projects. In parallel, we advanced nearly 156 MWp of ground-mounted installations across states such as Madhya Pradesh and Kerala, reaching close to 60 percent completion. Our employee strength grew by 65 percent, crossing 100 on-roll professionals apart from contractors and labour partners, reflecting a deeper institutional capability. We also secured new orders worth ₹468 crore, which strengthens our growth pipeline. This year also marked a major milestone as we launched AVIISII and ventured into solar structure manufacturing (MMS), strengthening our backward integration. Looking ahead to 2026, we plan to commission 140 MWp, progress our 190 MW project pipeline and expand our revenue streams through a diversified subsidiary structure. Our new OPEX model for projects below 5 MWp will be operated through Solnexa, while MMS manufacturing will scale under Aviisii. We also plan to add a new solar park OPEX stream in Maharashtra under Solnexa. Land aggregation, approvals and project readiness will be managed by Enerterra Pvt Ltd, and our B2C portfolio for residential and small C&I consumers will grow under AbeConnect Pvt Ltd. With this multi-vertical architecture, we remain confident of sustained operational and financial progress.” commented Sandesh Naik, CFO, AB Energia.
Mr. Manoj Jain, Director – Microtek International Private Limited, said, “Microtek has been working aggressively to participate in strengthening India’s sustainable energy future by launching new products to its solar products portfolio, including Lithium Compatible Hybrid Solar Inverters. Microtek has also introduced an advanced Lithium Battery range for superior performance and clean energy integration. Microtek is also setting up our own state-of-the-art Lithium Battery Manufacturing Plant in Parwanoo, Himachal Pradesh, reinforcing our commitment of working on the principle of backward integration, there by joining in Make in India. Microtek’s strong commitment for ultimate customer satisfaction can be measured by our biggest strength; unmatched All India Service Network of our own service centers and the earned trust of more than 12 crore satisfied users over last four decades. Microtek is highly motivated by the Government’s ‘PM Surya Ghar Yojana’ of installing Rooftop Solar on more than 1 crore households. We are working in mission mode to attain maximum market share in this scheme by making available value for money On-Grid solutions for the masses. By the year 2026 we also want to double our network of Solar dedicated Distributors & Retailers. At Microtek we are also strengthening our R&D to develop innovative, energy efficient and value for money solar solutions. Microtek for last many decades has been focusing on providing energy efficient products and renewable solar energy is very close to our heart. We are dedicated to participate in India’s energy independence by combining technology leadership, high level of product quality backed by exceptional service – empowering partners and ultimately the customers.”
“2025 has been a year of steady and purposeful growth for Gronsol. We strengthened our presence across key regions, deepened relationships with EPC partners and installers, and delivered reliable solar solutions that supported homes, businesses, and industries across India. Our focus on service consistency and transparent guidance has helped us build strong trust within the renewable-energy community. As we move into 2026, Gronsol is preparing for a transformative leap. Our vision includes building one of India’s strongest Pan-India distributor networks while expanding into advanced string inverter technology, hybrid solar inverters, micro inverters, on-grid solutions, and a full spectrum of energy storage offerings — including high-performance C&I ESS systems. Alongside this, we are advancing our in-house R&D and OEM capabilities to design products specifically optimized for Indian conditions and aligned with India’s Make in India mission. At the heart of our journey is one clear goal: ‘Har Ghar Gronsol’ — to make dependable, future-ready clean energy accessible to every household and business in India. The coming year will be driven by innovation, stronger partnerships, and a nationwide presence that supports India’s renewable-energy ambitions.”, said the Leadership Team, Gronsol.
Mr. K.L. Bansal, Chairman & Managing Director at DEE Development Engineers, added, The year 2025 has been a strong period for India’s manufacturing ecosystem, with steady momentum across power generation, oil and gas, and industrial engineering. This growth has been supported by consistent capital spending, a clear policy push towards capacity creation, and rising global confidence in Indian engineering quality and delivery. For DEE, 2025 translated into solid performance. The company reported a year-on-year revenue growth of 39.2%, supported by healthy order inflows and deeper customer engagement across key sectors. On the operational front, DEE commissioned its expanded 30,000 MT production capacity at the Anjar facility, a key milestone in its scale-up plan that enhances its ability to service complex, schedule-critical projects. Demand for high-integrity piping systems continued to strengthen in both domestic and international markets, reinforcing DEE’s position as a reliable partner for high-specification engineered solutions. Looking ahead, 2026 is expected to open up new avenues of growth, especially with policy momentum around clean energy. The National Green Hydrogen Mission is set to push significant investment into hydrogen, ammonia, and renewable-linked infrastructure areas where DEE’s process-piping expertise gives it a natural advantage. With a strong order visibility across oil, gas, chemical, power, and nuclear sectors, the company is well positioned to benefit from sustained capex cycles. The company is also strengthening backward integration: its 7,000 MT seamless pipe plant is on track for commissioning in Q3 FY26, with commercial production expected by January 2026. This will improve cost competitiveness and secure supply for technically demanding projects.”
“2025 has been a pivotal year for India’s EV and advanced battery ecosystem, marked by rapid adoption across 2W, 3W, and emerging micro-mobility platforms. Demand for safer, higher-density lithium-ion solutions continued to rise as OEMs shifted toward longer-range, smarter vehicles. While the GST on batteries remains higher than that on fully built EVs, the overall GST framework for EV components, combined with broader policy support, price corrections in key components, and improving supply-chain efficiencies, helped moderate manufacturing costs throughout the year.
Looking ahead to 2026, we anticipate deeper localisation, stronger R&D investments, and wider deployment of lithium-ion technologies across both mobility and energy applications. At Neuron Energy, we remain committed to supporting this transition with high-quality, reliable, and scalable battery-pack solutions,” said Pratik Kamdar, Co-Founder & CEO, Neuron Energy.
“As India enters the next phase of its energy transition in 2026, the priority must shift from capacity addition alone to building a dispatchable and resilient energy system. This requires focused investment in three areas: grid-scale energy storage, robust transmission infrastructure, and a diversified clean energy mix.
Energy storage will be critical to maintaining grid stability and ensuring reliable, round-the-clock power as renewable penetration increases. At the same time, accelerated development of transmission networks—including high-voltage interregional corridors and smart grid technologies—is essential to move clean power from resource-rich regions to major demand centers.
Technologies such as distributed renewable energy and green hydrogen are advancing rapidly and must be integrated into long-term planning. A balanced approach that combines renewables with storage, transmission, and emerging clean technologies is key to strengthening India’s energy security, supporting economic growth, and meeting climate goals.”, attributed to Srivatsan Iyer, Global CEO of Hero Future Energies.
Devansh Jain, Executive Director of INOXGFL Group, said, “The year 2025 has been a year of decisive progress for us. As India accelerates its clean-energy transition, we have focused on strengthening the foundations of a truly integrated renewable-energy ecosystem. The expansion
of our solar and wind manufacturing capabilities, and the ramp-up of our module and cell capacities all reflect our commitment to building a stronger, future-ready organisation. This year has been about aligning our capabilities, simplifying our structure, and creating the right platforms for scale, efficiency and long-term reliability across the renewable-energy value chain.Policy support from the government has been instrumental in enabling this progress. The consistency and clarity of recent reforms have strengthened industry confidence, allowing us to innovate boldly, collaborate meaningfully, and execute projects end to end with greater predictability. We hope to see this momentum continue in the months ahead, as sustained policy support plays a vital role in helping the sector deliver on India’s ambitious energy goals.As we close the year, our ambition remains clear—to contribute meaningfully to India’s sustainable and self-reliant energy journey. Looking ahead to 2026, we aim to build on this momentum, deepen our technological and operational capabilities, and continue shaping solutions that deliver long-term value to the renewable-energy ecosystem.
Mr. Gagan Chanana, Jt. MD & CEO, Solar Modules & Cells Business, said, “The year 2025 reflected a phase of consolidation and acceleration for India’s renewable energy sector. The industry is moving steadily from an installation-led phase towards a more mature ecosystem where manufacturing depth, system reliability, and long-term sustainability are becoming as important as capacity addition. Policy signals through the year, particularly around firm and dispatchable renewable energy and hybrid procurement, have reinforced this direction.The market itself is evolving. A growing share of new tenders in recent years has been linked to hybrid and storage-backed projects, reflecting India’s transition from intermittent generation towards more dependable green power. At the same time, India crossed an important milestone with solar PV module manufacturing capacity exceeding 100 GW, while domestic cell capacity is still at an earlier stage of scale-up, underscoring the need for deeper backward integration across the value chain.Recent peak power demand levels, which crossed the 250 GW mark, have further highlighted both the critical role solar now plays in supporting the grid and the urgency of scaling storage and hybrid solutions to manage variability. These developments make it clear that the next phase of growth must be built around integration, quality, and resilience, not just scale.At Jakson, our strategy reflects this reality. Our investments across utility-scale solar, distributed energy, advanced manufacturing, quality testing, and circular economy initiatives are aimed at reducing import dependence and building a more sustainable supply chain. As we move toward 2026, we remain confident that India is on course to emerge as a globally competitive, low-carbon energy leader, aligned with the national goal of achieving 500 GW of renewable energy capacity by 2030.”
Sagar Sojitra, Managing Director, Vsole, said, “Last year has been a very defining period of growth and development for us at Vsole Solar Energy Pvt. Ltd. Given the increasing demand for efficient and effective solar power solutions in the Indian market, we have devoted our efforts and resources to developing and expanding our presence in the country. Our continued growth has been possible through the consistent trust and confidence of our customers in our brand, as well as our reliable and efficient single-phase, three-phase, all-in-one, and hybrid solar inverters designed and optimized for the Indian grid. Innovation and adoption of technology have remained our core throughout our journey. Over the past year, we have improved our inverters and made them smarter and equipped with monitoring features, better support functionality, and greater efficiency, and we remain fully compliant with changing regulatory requirements. We have made significant R&D investments and have tested our product quality and ensured delivery of our product, which will give our customers long-term reliability and efficiency even under tough working conditions. In the New Year, we will lay emphasis on strategic expansion, as well as the provision of ‘future-proof’ solutions. Our plans include the expansion of our production facilities, the development of more universally compatible and storage-friendly inverter offerings, as well as the further development of our after-sales support structures. Partnerships with EPC players and battery providers will enable us to provide ‘comprehensive solar offerings’ that fit the next phase of the solar sector’s development.At Vsole Solar, we firmly believe that the future of clean energy lies in innovation, domestic manufacturing, and a customer-centric approach. As India progresses toward its renewable energy goals, we remain committed to driving sustainable growth through technology, quality, and trust.”
As the voices of India’s renewable energy ecosystem converge, one message becomes clear: 2025 laid the foundation, but 2026 will be the year of acceleration. With advancing technologies, maturing markets, and stronger domestic capabilities, India is positioned not only to meet its ambitious goals but to redefine what global leadership in clean energy looks like.
This year-end reflection underscores the collective determination of an industry that continues to innovate, invest, and inspire. The milestones achieved in 2025 signal a future where renewable energy is not just a national priority; it is a national strength.
The journey ahead is bold, promising, and deeply transformative, and India is just getting started.