AI, green hydrogen may lift India’s annual solar additions to 85 GW by FY30
India’s annual solar installations could jump nearly 70% to about 85 GW by FY30 from around 50 GW in FY27, as rising electricity demand from artificial intelligence-led data centres, green hydrogen and battery storage opens up a new growth cycle beyond the country’s already sizeable utility project pipeline, according to an Equirus Securities report.
The report estimates that these emerging demand segments, along with the use of existing grid connectivity during non-solar hours, could add 15–20 GW of incremental solar demand every year from FY29—a requirement that is not currently captured in Central Electricity Authority forecasts or analyst estimates.
