At the recently concluded COP26 in Glasgow, India proclaimed on the global stage that by 2030, it would elevate its renewable power capacity to 500 GWfrom 150 GWtoday, and that it would meet 50% of its energy requirements from renewable energy. Even as energy analysts scratch their heads about whether India’s 50% pledge refers to capacity or generation (more on this later), one thing is clear: we are in the middle of an unprecedented expansion in the renewable energy sector.