India Builds Clean Power Faster Than It Can Use It
Numbers Report – August 21, 2026 In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week we’ll dig into some data and provide a bit of explanation on what drives the numbers. Let’s take a look. 1. US Oil Majors Turn Homeward as War Hits Output - US oil majors are increasingly…
India has been rapidly expanding its clean power capacity, now generating 331 GW from renewable sources, compared to 302 GW from fossil fuels. This remarkable surge in renewable energy generation reached an exceptional peak in 2026, with utility companies adding 81 GW of new capacity, marking a 28% year-over-year increase. Solar power dominated the growth, with 211 GW of capacity now in place, just 40 GW short of India's total installed coal capacity.
However, despite the impressive expansion, the actual generation from solar and wind has only slightly risen to approximately 20% of power supply, while coal's share has barely decreased to 67%. To tackle this issue, India is focusing on upgrading grid infrastructure and increasing battery storage to accommodate the growing output from renewable sources.
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