The RE sector in India is poised for a paradigm shift, driven by significant policy reforms and large investment opportunities. In the solar segment, the implementation of ALMM is expected to lead to a 10x increase in cell manufacturing capacity and a 2x growth in module manufacturing capacity by FY27. Wind is also set for revival through strategic policy interventions including pooled state tendering for tariff optimization, repowering policies and RPO-driven incentives to enhance market size. Complementing these developments are hybrid storage and FDRE projects which have emerged as the vanguard of renewable energy generation, exhibiting a 6x increase in bid awards and underscoring their pivotal role in driving exponential growth. The goal of achieving 500 GW of installed RE capacity by 2030 will require significant investments resulting in a market opportunity of INR 30 Lakh crores.