State reforms to triple India’s commercial and industrial renewable energy capacity to 100 GW by 2032: Report
India's commercial and industrial renewable energy capacity is projected to triple to 100 GW by 2032, driven by corporate decarbonization and state-level policy reforms. Energy storage system installations will also experience a tenfold leap to 31 GWh
New Delhi: India’s commercial and industrial renewable capacity could jump from 32 gigawatts (GW) in 2025 to as much as 100 gigawatts by 2032, and energy storage system installations in the segment will leap more than tenfold to about 31 gigawatt‑hours, a report said on Friday.
The report from India Energy Storage Alliance and Customised Energy Solutions attributes the explosive growth to corporate decarbonisation goals, soaring grid tariffs and a rising need for energy resilience, with state‑level regulatory innovation accelerating adoption.
The report will be released at India Energy Storage Week (IESW) 2026 held from July 8-10 at Yashobhoomi (IICC), New Delhi, and will draw over 200 exhibitors and over 10,000 industry leaders, offering the definitive platform for policy discussion, technical exchange, and showcasing innovation across the clean energy value chain.
Senior officials from key ministries, including Heavy Industries, Mines, Power, Electronics, and Environment, will join forces with state representatives and regulatory bodies in open dialogue at IESW 2026.
The event will feature candid discussions on policy bottlenecks, state-level reforms, and industry needs, aiming to deliver actionable solutions for accelerating India’s clean energy transition, the release said.
“Our new research shows India’s C&I energy storage market is not just growing; it’s accelerating toward a new era. With forward-thinking state policies and rising corporate demand, storage is becoming a strategic tool for resilience and decarbonization, not just backup. The momentum we’re seeing now will define the sector for the next decade,” said Debmalya Sen, President of IESA.
The report highlighted Maharashtra’s new renewable energy and storage policy, which mandates storage for every new renewable project above 100 kilowatts. The policy also requires distribution companies to procure 10 per cent of their electricity from storage by FY 2035–36.
Gujarat, Karnataka, Tamil Nadu, and Rajasthan are also enabling rapid adoption with cost-reflective banking, settlement policies, and transmission charge waivers.
Industrial facilities are set to remain the largest adopters of storage, accounting for over half of all ESS installations, while data centres and critical infrastructure, such as hospitals, metro and railway stations, and airports, will see the fastest growth.
