State reforms to triple India's commercial and industrial RE capacity by 2032: Report

Newspoint

Newspoint

New Delhi, July 3 (IANS) India’s commercial and industrial renewable capacity could jump from 32 gigawatts (GW) in 2025 to as much as 100 gigawatts by 2032, and energy storage system installations in the segment will leap more than tenfold to about 31 gigawatt‑hours, a report said on Friday.

Hero Image

The report from India Energy Storage Alliance and Customised Energy Solutions attributes the explosive growth to corporate decarbonisation goals, soaring grid tariffs and a rising need for energy resilience, with state‑level regulatory innovation accelerating adoption.

The report will be released at India Energy Storage Week (IESW) 2026 held from July 8-10 at Yashobhoomi (IICC), New Delhi, and will draw over 200 exhibitors and over 10,000 industry leaders, offering the definitive platform for policy discussion, technical exchange, and showcasing innovation across the clean energy value chain.

Senior officials from key ministries, including Heavy Industries, Mines, Power, Electronics, and Environment, will join forces with state representatives and regulatory bodies in open dialogue at IESW 2026.

The event will feature candid discussions on policy bottlenecks, state-level reforms, and industry needs, aiming to deliver actionable solutions for accelerating India’s clean energy transition, the release said.

“Our new research shows India’s C&I energy storage market is not just growing; it’s accelerating toward a new era.