India will see robust growth in non-hydropower renewables on the back of government support for renewables, with total capacity estimated to reach 229 gigawatts (GW) by end-2030, according to a report by Fitch Solutions.

Fitch said that India, which has a 102GW capacity of non-hydropower renewables, will be a “key renewables growth market” due to the robust growth of solar and wind power supported by the government and investor interest.

It noted that Solar Energy Corporation of India under the Ministry of New and Renewable Energy launched solar and wind power tenders which “have been met with increasing interest,” citing the 1.2GW power tender launched in May 2021, which is the second during the year. Non-hydropower renewables generation is also expected to grow in the coming decade to 17% of the power mix in 2030 from 13%, it said.

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