Can India Become the OPEC of Renewables?

OPEC, or the Organisation of the Petroleum Exporting Countries, was created in 1960 to co-ordinate the petroleum policies of its member nations and has since become an international powerhouse, impacting oil supply, pricing, and geopolitics.

As the world heads towards a clean energy transition, the term “OPEC of renewables” is being used to describe a unit or leader who can extensively export renewables and consequently mould international clean energy policies. With its goal of accomplishing net-zero emissions by 2070, renewable energy potential, ambitious renewable capacity targets, and rich natural resources, India is increasingly considered a leading contender for this title.

India’s Growing Renewable Capacity

In recent times, India’s renewable energy sector has seen remarkable growth. With a record annual capacity addition of 29.52 GW, the total installed renewable energy (RE) capacity in the country has reached 220.10 GW as of 31st March 2025, up from 198.75 GW in the previous fiscal year.

India also launched the National Green Hydrogen Mission in January 2023 to position itself as a global hub for the production and Renewable energy export with the annual goal of producing 5 million metric tonnes of green hydrogen by 2030.

Internationally, India co-founded the International Solar Alliance (ISA), which includes over 110 member countries promoting solar power worldwide

This momentum is driven by favourable policies, technological advancements, and increased private sector involvement. Large-scale solar parks, wind corridors, and hybrid projects are further diversifying the energy mix. Other than that, the current focus on improving grid integration, preparing storage, and establishing resilient supply chains is to achieve long-term sustainability.

Can India Realistically Achieve This Position?

India is well-positioned to become a global leader in renewable energy. With nearly 300 sunny days yearly, the country holds exceptional solar energy potential across most regions

India’s renewable energy potential is reinforced by strong policy support, proactive industry participation, and a growing ecosystem of stakeholders committed to clean energy.

Moreover, Government programs like the National Solar Mission and private sector efforts are driving the rapid expansion of capacity. Yet, the development of Green energy leadership has its challenges, too. Key technical barriers include: transmission infrastructure gaps, intermittency, and limited storage. In addition to scaling green energy, there is a significant need for cost efficiencies and a strong supply chain.

Despite these constraints, progress is evident. Technology adoption is rising, and policy direction is clear. The groundwork is being laid, but the scale and complexity of future projects demand more than incremental steps.

How Hartek Powers the Transition

We, at Hartek, know that infrastructure is the keystone of any Sustainable energy transition. As one of India’s top 10 EPC companies, we are developing advanced smart systems to aid in the nation’s shift towards clean energy. Some of our most notable projects include a large-scale 300/435 MW solar project for Zelestra in Rajasthan, a complex and fast-paced 570/425 MW EPC project for Ampin Energy in Rajasthan, and a 14 MW rooftop solar plant for Kandhari beverages in J&K that brought clean energy to the unit.

Hartek has connected over 10 GW of solar power to the national grid, making it a top player in India’s rooftop solar segment. We manufacture power distribution products and are also actively involved in clean energy initiatives. Known for innovation and sustainability, we are committed to driving India’s energy transition.

With a keen focus on innovation, future-ready smart-grid solutions are being constructed for India’s growing power requirements. Strong infrastructure projects provide seamless integration of technology, ensuring reliable and scalable energy systems. We are transforming the image of India from an energy-dependent country to a self-standing powerhouse of renewable energy resources by solar energy Grid interconnections, cutting-edge galvanic substations, and sturdiness, at the centre of it all.

What Needs to Change for India to Lead?

Infrastructure and financing mechanisms must be modernised to reach India’s full renewable energy potential. First, modernisation of transmission networks, storage capabilities, and smart grid technology is important. Second, policies with provisions for land, long-term PPA arrangements, and grid connection and operation will accelerate the deployment of renewables and drive long-term investments.

Also, international collaboration matters. Collaborations that can create mechanisms to strengthen R&D, foster clean energy innovation, facilitate international trade & transfer of clean energy technologies and financing will shape competitive and scalable solutions for the global clean energy economy. If strong and integrated policies, technologies, and global cooperation exist, India can transition from energy sufficiency to become a leading exporter in the global clean energy economy.

FAQs

Sources:-
India’s Renewable Energy Capacity Achieves Historic Growth in FY 2024-25
National Green Hydrogen Mission
India Shines Bright!