India has 3x domestic PV manufacturing capacity (~154.4GW/year) versus current demand (~50GW/year). They are deploying ~2GW of solar every month, with ~105GW currently in development pipelines. As the piece indicates, grid and battery storage investments are critical to avoiding additional coal generation need. Solar and storage are currently roughly half the cost of new coal.

India’s electrotech fast-track: where China built on coal, India is building on sun - https://ember-energy.org/latest-insights/indias-electrotech-... - January 22nd, 2026

Coal’s diminishing role in India’s electricity transition - https://ember-energy.org/latest-insights/coals-diminishing-r... - October 29th, 2025

India's Solar Manufacturing Excesses Turn a Boom into a Glut - https://news.ycombinator.com/item?id=47050286 - February 2025