Crossroads 9

India’s clean-energy transition continues to accelerate. The country has crossed a major milestone—over 50% of installed power capacity now comes from non-fossil sources, five years ahead of schedule. Renewable additions remain strong: India installed 30 GW of new RE capacity in 2024 and has already added 28 GW in 2025 through October.

Strategic Pathways for Energy Storage in India through 2032

India’s electricity demand is witnessing a rapid surge, nearly doubling every decade, fueled by strong economic growth. Dramatic cost reductions over the last decade for wind, solar, and battery storage technologies position India to leapfrog to a more flexible, robust, and sustainable power system for delivering affordable and reliable power to serve the growing power needs.

Crossroads 8

Data centers may be a significant source of electricity demand in the coming years, with some estimates as high as 40 TWh/yr by 2030. Most cloud players are demanding clean energy, and several Indian states are offering incentives for green-powered data centers.