India’s annual solar installations could reach 85 GW by fiscal year 2030

AI Summary

A report by Equirus Securities forecasts India's annual solar installations could reach 85 GW by fiscal year 2030, driven by growing demands from data centers, green hydrogen, and night-time connectivity. This projection highlights significant expansion in India's renewable energy sector.

A report by Equirus Securities predicts data centres, green hydrogen and night-time connectivity could add 15-20 GW of incremental solar demand annually from fiscal year 2029, which could lead to annual solar installations in India rising from around 50 GW in fiscal year 2027 to nearly 85 GW three years later. The post India’s annual solar installations could reach 85 GW by fiscal year 2030 appeared first on pv magazine Global.