New Delhi, March 9 -- Solar capacity additions in India will accelerate in the Financial Year (FY) 2026 and FY27, with 85-90 GW of new solar capacity expected to be added during these two years combined, according to a report by SBI Caps.

The report adds that the additions of residential rooftop solar support the sector to drive the expansion.

The report further added that the solar additions could double to 30 GW in FY 25, as solar capacity additions have reached unprecedented levels, demonstrating resilience to demand fluctuations.

As per the report, annual module demand is forecast at 100 GW.

The report, however, added that the realization of the projections hinges on moderate PPA-PSA gap reduction, PM-SGMBY completion by FY28, and...