This report analyses how the interplay between risks, policies, and market developments has shaped renewable energy capacity addition in India, and identifies gaps that need to be addressed. As of 2017, India has the world’s fourth largest installed wind capacity and the sixth largest installed solar capacity.

In order to accelerate the global transition to clean energy, it is important to systematically identify the risks associated with RE deployment and address these risks through a combination of policy and market-based interventions.

This brief examines the issue of curtailment for technical and commercial reasons and its impact on stakeholders; must-run status for renewable power; and the prospective role of granting compensation for grid unavailability and instability.

India’s firm commitment towards the global clean energy transition is evident from its renewable energy (RE) deployment targets as well as the policy measures taken to facilitate RE deployment and its integration at higher shares.

India is at a critical juncture in scaling renewable energy to provide energy access to growing cities and vast rural communities.