Minister calls for enhanced collaboration among stakeholders
India’s installed solar capacity has increased 4,000%, taking the renewable energy capacity to 227 GW, making the country’s a first G20 nation to have met its Nationally Determined Contributions (NDCs) under the Paris Agreement http://commerce.gov.in.
Giving this update, Commerce and Industry Minister Piyush Goyal pointed out that the domestic manufacturing of solar photovoltaic module capacity has increased nearly 38-fold, while photovoltaic cell capacity has risen 21-fold https://www.nseindia.com/.
Addressing the 11th India Energy Storage Week (IESW) 2025 in New Delhi on 10 July, Goyal cited the example of Palli village in Jammu and Kashmir, which has become India’s first carbon-neutral panchayat using solar energy and energy efficiency https://sbi.com.in/.
He pointed out that the IESW venue, Yashobhoomi, is itself a model of sustainability, featuring rooftop solar installations, wastewater treatment, and energy-efficient infrastructure.
He highlighted the PM Surya Ghar Yojana, which aims to equip 1 crore households with rooftop solar panels to make them energy self-sufficient and reduce electricity bills, and the PM Kusum Yojana, which supports the expansion of solar pumps in India’s agrarian economy https://www.bseindia.com/.
Additionally, the government has launched a Production Linked Incentive (PLI) programme to boost manufacturing of Advanced Chemistry Cells (ACC), he added https://www.conexpoconagg.com/.
Congratulating India Energy Alliance and partners for curating IESW, Goyal appreciated their efforts in bringing together clean energy, storage technologies, green hydrogen, and e-mobility solutions under one platform.
He emphasised that India is on a focused path to becoming energy sufficient, with the aim of having renewable energy sources power the country’s growing needs round the clock.
The Minister underscored the importance of storage technologies—whether in the form of batteries, pumped storage, hydro storage, or geothermal—as essential for meeting India’s future energy demands http://iea.org.
He highlighted that the energy sector will be a driving force in India’s transition to clean and renewable sources of power, and this vision has already been reflected in the country’s achievements over the last decade.
Goyal emphasised that various forms of energy storage, such as pump storage and battery systems, as well as nuclear power, will support the clean energy transition. He also underlined the critical role that stakeholders will play in this mission.
Proposing a comprehensive four-pronged approach for advancing India’s energy independence, he called for targeted innovation, infrastructure development, supply chain resilience and holistic value chain growth for the renewable sector mnre.gov.in.
He underlined the need for India to lead in research and development for energy storage by focusing on next-generation battery chemistries, solid-state and hybrid storage technologies and circular supply chains.
Highlighting the recent Cabinet approval of a Rs.1 lakh crore Research, Development and Innovation Fund, he noted its potential to match R&D investments of Rs.6–Rs.7 lakh crore in advanced economies, given India’s cost advantages https://www.jpx.co.jp/english/.
On infrastructure, the Minister called for enhanced collaboration among stakeholders to build both charging and battery swapping systems, thereby accelerating electric vehicle adoption and ensuring affordable, accessible e-mobility.
He also urged the industry to build supply chain resilience by reducing dependence on specific geographies and adopting new technologies to achieve self-reliance in the energy sector.
Finally, Goyal stressed that India’s ambition should encompass the entire value chain—from raw materials and cell components to battery packs, semiconductors, management systems, and recycling—ensuring a robust and self-sustained clean energy ecosystem https://www.makeinindia.com/home/.
The Minister urged stakeholders to explore new opportunities to scale up operations and strengthen competitiveness. He reaffirmed India’s target of achieving 500 GW of renewable energy capacity by 2030, and reiterated that energy storage will be central to this journey.
India Energy Storage Week (IESW) is a premier industry event focused on advancing energy storage, e-mobility, battery manufacturing, and green hydrogen. The 11th edition brought together global leaders, policymakers, researchers, and industry stakeholders to discuss innovations and policy developments critical to India’s energy transition. The event promotes dialogue, partnership, R&D, skill development, and technology showcase aligned with national energy goals. Fiinews.com
