The PM Surya Ghar programme, whose second anniversary coincides with the budget, has achieved nearly 27% of its 10-million-household target, so far.
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Moneycontrol15-01-2026, 15:54

Budget 2026: Renewable Sector Demands Manufacturing, Storage, Green Hydrogen Support

  • India's renewable energy sector seeks a policy reset in Budget 2026 to focus on manufacturing, storage, and green hydrogen, moving beyond just capacity addition.
  • The sector saw significant growth in 2025, adding 44.5 GW of renewable energy, and rooftop solar adoption under PM Surya Ghar Muft Bijli Yojana gained traction with 27 lakh households.
  • Industry leaders emphasize the need for deeper support for vertically integrated manufacturing (solar, batteries, energy management systems) and flexible viability frameworks for large-scale storage.
  • Green hydrogen is highlighted as a strategic pillar for clean energy transition, with calls for demand-side policy signals to unlock investments and manufacturing.
  • Challenges include limited viability support for utility-scale storage, DCR bottlenecks for rooftop solar, and lack of demand certainty for green hydrogen projects.

Why It Matters: Budget 2026 is crucial for India's renewable sector to boost manufacturing, storage, and green hydrogen.

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