Renewable and Storage Firms Call for Policy Continuity and PLI Push

Renewable and Storage Firms Call for Policy Continuity and PLI Push

As the Union Budget 2026–27 approaches, renewable energy and energy storage companies are urging the government to sustain policy support for clean power expansion and domestic manufacturing. With India adding nearly 50 GW of renewable capacity in 2025 and investments touching ₹2 trillion, industry leaders say the focus must now shift from capacity addition to hybrid systems, energy storage, grid reliability, and long-term policy certainty. Calls include extending production-linked incentives for battery manufacturing, improving access to green finance, supporting R&D, and aligning renewables with storage and circular economy goals to ensure energy security, investor confidence, and progress toward India’s 500 GW non-fossil target by 2030.