India Becomes World’s Second-Largest Solar Market

NEW DELHI-India’s rapid progress in clean energy has positioned it as the world’s second-largest solar market, highlighting the country’s growing role in the global green transition, experts said on April 29.

Ashish Khanna, Director General of the International Solar Alliance, said India added nearly 50 gigawatts of new solar capacity in 2025, helping drive its rise in global rankings.

He added that India is increasingly sharing its successful renewable energy models with other regions, particularly Africa, while also integrating artificial intelligence and digitalization into the energy sector to improve efficiency and scalability.

“The formation of the International Solar Alliance came at the right time, helping drive international collaboration in solar energy,” he said.

Meanwhile, Michael Steidl of the European Investment Bank described India as the fastest-growing major economy and said the country is steadily progressing towards its goal of becoming a developed nation by 2047.

He added that Europe views India as a key strategic partner, and a potential free trade agreement could unlock new opportunities in trade and investment.

Europe’s technological strengths combined with India’s manufacturing capabilities could form the foundation of a strong partnership, he said. (IANS)