India's renewable energy sector has achieved a remarkable milestone in the fiscal year 2024-25, reaching a total installed renewable power capacity of 172 GW by March 2025. The sector witnessed an annual capacity addition of 28.7 GW, surpassing conventional power expansions. Solar energy maintained its lead in the renewable power race, with 23.8 GW of new installations during the year, pushing the cumulative solar capacity to 105.65 GW. The growing trend of utility-scale ground mounted solar and distributed installations like residential rooftop solar, solar pumps, and commercial and industrial setups is evident. The report highlights a shift towards hybrids and firm-dispatchable renewable energy formats in auction activities, indicating a changing landscape. Wind energy also experienced a resurgence, adding 4.15 GW of capacity, primarily through solar-wind hybrid configurations. However, standalone wind auctions faced limitations due to challenges such as land acquisition and competition from other formats. Storage solutions are increasingly becoming vital for ensuring dispatchable green power and managing demand-supply dynamics for utilities. The report mentions over 7 GWh of standalone storage awarded in auctions, alongside the development of pumped storage projects. India's journey towards a greener future includes the nascent green hydrogen ecosystem, witnessing industrial participation and confidence. Major players securing significant capacities for annual green hydrogen production reflect the sector's potential. Additionally, the bioenergy sector, particularly compressed biogas and bioethanol, is gaining traction with market interest and policy support. The report also highlights the expansion of the commercial and industrial market segment, driven by affordability, diverse business models, and corporate sustainability goals. The financial landscape remains robust, with India attracting substantial clean energy investment in the fiscal year. The report's forward-looking project pipeline of 152 GW showcases the country's focus on achieving the 2030 goal of 500 GW non-fossil capacity. It emphasizes the importance of dispatchable and hybrid power in this journey. The comprehensive report by India Infrastructure Research covers growth trends, policy developments, financing aspects, tender activities, and technology advancements shaping India's energy transition. For further insights, interested parties can contact Vasvi Vig at vasvi.vig@indiainfrastructure.com or +91 9811626366.