4 Renewable Energy Stocks with Strong Growth Plans for the Next 3 Years Published By Anupam Nath India’s Renewable Energy JourneyJust a decade ago, India’s renewable energy landscape was in its infancy — a few scattered rooftop solar panels and small clusters of wind turbines. But over the past ten years, the nation has undergone a remarkable transformation. From being an energy-deficient country, India is now emerging as one of the top clean energy producers in the world.According to the International Renewable Energy Agency (IRENA), India generated 108,494 GWh of solar power, surpassing Japan’s 96,459 GWh. This achievement marks a massive leap forward for a country once dependent on coal. The shift to renewable sources has not only boosted energy independence but also strengthened India’s global position as a green powerhouse.---⚡ Milestone Achievement: 50% Non-Fossil CapacityIndia has reached a crucial milestone — 50% of its installed electricity capacity now comes from non-fossil fuel sources. What makes this even more impressive is that the country achieved this goal five years ahead of its Paris Agreement commitment.The government’s consistent push through policies, subsidies, and national missions like the National Solar Mission and Green Hydrogen Mission have played a central role in this success. The focus now is on scaling up domestic manufacturing, improving storage solutions, and integrating renewable sources into the national grid efficiently.---???? Top 4 Renewable Energy Stocks to WatchAs the renewable revolution accelerates, investors are eyeing the companies best positioned to benefit from the growth wave. Here are four Indian renewable energy stocks with solid plans for the next three years:1. Vikram Solar – A leading solar module manufacturer rapidly expanding its capacity and export footprint.2. Premier Energies – One of India’s fastest-growing integrated solar players with a strong R&D focus.3. NTPC Green Energy – A subsidiary of NTPC Limited, aggressively expanding into solar, wind, and green hydrogen projects.4. Insolation Energy – A rising player from Rajasthan scaling up solar panel production and EPC (engineering, procurement, construction) services.These companies are not only tapping into domestic demand but also exploring export opportunities as global supply chains shift toward India.---???? The Road AheadOver the next three years, India’s renewable energy market is expected to see double-digit growth, with solar and wind energy leading the charge. As the world transitions to cleaner sources, India’s combination of policy support, local innovation, and industrial strength provides a unique opportunity for investors and entrepreneurs alike.In short, the green energy race is just beginning — and India is already in the fast lane. ????
