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India's solar sector is on a growth trajectory, with an anticipated ₹2 trillion needed for new projects over the next two years. To meet the FY30 target of ~293 GW, the current pace of solar capacity additions must double. Despite a record addition of ~15 GW in FY24, solar energy still makes up only ~19% of installed capacity. Challenges include insufficient domestic manufacturing and reliance on imports. The government’s incentives and increased credit opportunities are aimed at overcoming these hurdles and attracting investments, crucial for meeting future goals.