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India's power system just passed a historic tipping point: Maguire
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Fusion42 · 17 August 2026 · Fusion42 review
India's installed utility-scale clean power capacity has surpassed fossil fuels for the first time, reaching 331.7 GW compared to 302.0 GW of fossil fuel capacity, driven primarily by rapid solar expansion. Despite coal still dominating electricity generation, the capacity mix points to a significant ongoing energy transition, with solar capacity nearing the size of coal and expected to potentially become the largest single capacity source within a decade.
This Wire brief sits within Fusion42's coverage of Climate Tech.
◆ ◆ The Wire takeaway
India's renewable capacity growth has outpaced fossil fuels, signalling that power infrastructure founders can now plan for a grid increasingly dominated by solar and clean energy investments. You face a market where coal remains relevant today but clean energy will drive infrastructure demand within years.
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1 source · 17 Aug 2026
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