New Delhi, April 12 -- India is poised to emerge as the world's second-largest solar market by 2026 in terms of annual installations, said National Solar Energy Federation of India (NSEFI) in a statement.
The country has recorded its fastest-ever addition of 50 gigawatts (GW) of solar capacity in just 14 months, taking the total installed capacity beyond the 150 GW milestone.
This marks a sharp acceleration compared to the 11 years taken to reach the first 50 GW and nearly three years to scale up to 100 GW.
Commenting on the development, NSEFI Chief Executive Officer Subrahmanyam Pulipaka said India is now approaching an annual solar capacity addition trajectory of 50 GW, aligning strongly with its target of achieving 500 GW of non-fossi...