GV Sanjay Reddy Breaks It Down: Where India’s Solar Targets Stand in 2026

By: GV Sanjay Reddy, Vice Chairman, GVK Power & Infrastructure Ltd

New Delhi [India], April 15: Energy is the invisible engine behind modern life, powering everything from the hospitals that save lives to the devices that keep us connected. As global populations rise and technology becomes more integrated into our daily routines, our hunger for electricity is reaching unprecedented levels.

To meet this surging demand without destroying our environment, we must shift toward sustainable solutions like solar power. By capturing the sun’s inexhaustible energy, we can produce clean, reliable electricity that reduces our reliance on fossil fuels. Solar isn’t just an alternative; it is the most scalable answer to our growing energy needs, offering a way to power the future while protecting the planet.

To understand how these shifts are shaping India’s energy demands, let’s get insights from G.V. Sanjay Reddy, Vice Chairman of the GVK conglomerate.

India’s solar journey has evolved from an ambitious vision into a global benchmark, with the nation now ranked 3rd globally in solar power capacity as of 2025. To reach the overarching goal of 500 GW of non-fossil capacity by 2030, with solar expected to contribute 280 GW of that total, the government is executing several large-scale initiatives.

The PM Surya Ghar: MuftBijliYojana, launched in early 2024, aims to solarise 10 million households, providing up to 300 units of free electricity monthly; by December 2025, over 2.3 million households had already adopted rooftop solar under this scheme.

Simultaneously, the PM-KUSUM scheme empowers farmers to become “energy producers” by installing solar pumps and small grid-connected plants on barren land, with over 2 million agricultural pumps solarised as of early 2026.

GV Sanjay Reddy believes, “Farmers have always been the backbone of our nation, tilling the earth to feed our people; today, they are becoming the heartbeat of our energy future. By transforming from traditional consumers into ‘Urjadatas’ (energy producers), our farmers are now harvesting the sun to power our progress.”

“This shift does more than just provide clean electricity, it guarantees energy security for the rural landscape, turns barren land into a source of steady income, and ensures that the hands that feed us are the same hands that power a sustainable, self-reliant India,” he adds.

On a larger scale, India demonstrates utility-scale dominance by hosting massive clusters like the Bhadla Solar Park in Rajasthan, with 55 sanctioned solar parks totaling nearly 40 GW at various implementation stages across 13 states.

Supporting this is a push for manufacturing self-reliance through the Production Linked Incentive (PLI) scheme, which saw solar module capacity skyrocket from 2.3 GW in 2014 to roughly 144 GW per annum by 2025.

Looking ahead, India is already setting its sights on a long-term goal of 1,800 GW of non-fossil capacity by 2047, while currently focusing on the 2030 target.

Despite this momentum, challenges remain in grid integration and storage, leading to a strategic pivot toward Battery Energy Storage Systems (BESS) and Green Hydrogen to ensure a stable, 24/7 clean energy supply as the nation marches toward its ultimate Net Zero goal by 2070.

GV Sanjay Reddy says, “While the path to a clean energy future is steep and filled with the challenges of modernizing our grids and storing the sun’s power, we are undeniably moving in the right direction. Every solar panel installed and every household energized is a testament to our collective resolve.”

These hurdles are not roadblocks, but rather the stepping stones of innovation that are refining India’s journey. With unwavering momentum and a clear vision, yesterday’s ambitions can turn into today’s reality, proving that an India powered by the sun is not just a dream, but an inevitable and brilliant horizon.

Disclaimer: Views expressed above are the author’s own and do not reflect the publication’s views.