jmk research

India’s solar module capacity has reached 233GW, with factories operating at 35–40% utilisation amid rising overcapacity.

India’s renewable capacity reached 288GW by June 30, 2026, accounting for 54% of total installed capacity, JMK reported.

India added approximately 26GW of solar capacity and 3GW of wind capacity during the first half of 2026, according to JMK Research. 

India added around 14.2GW of solar energy capacity in the first quarter of 2026, a roughly 95% increase from the previous quarter, according to Indian research firm JMK Research.

India is expected to add 42.5GW of new solar capacity in 2026, according to research analyst JMK Research’s Q4 2025 (Oct-Dec) India RE Update report. 

India added 37.9GW of new solar PV capacity in 2025, a 54.7% increase compared with 2024 installations and a historical record, according to JMK Research.

Solar PV installations in India have surged in 2025 with a record 34.98GW of new additions, according to the Indian Ministry of New and Renewable Energy.

India has installed 4.9GW of residential rooftop solar capacity in the first half of 2025, according to a report by IEEFA and JMK Research.

India installed 14.3GW of new utility-scale solar capacity in the first half (H1) of 2025, marking a 49% increase year-on-year.

Energy consultancy JMK Research has forecast 28.3GW of utility-scale and residential solar PV to be installed in India during fiscal year 2026.