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flag India lowers GST on solar gear to 5% to boost clean energy, cut costs, and hit 500 GW non-fossil target early.

flag India has cut the GST on renewable energy equipment from 18% to 5%, effective September 22, 2025, aiming to save investors up to 1.5 lakh crore rupees by 2030. flag The move supports the country’s goal of 500 gigawatts of non-fossil fuel capacity, with India already at 252 GW—over half the target—five years early. flag Costs for rooftop solar systems and farmer solar pumps are expected to drop significantly, while record-low solar prices, as low as 2.15 rupees per unit, reflect growing efficiency. flag The government emphasizes passing savings to consumers and is advancing grid infrastructure, domestic manufacturing, and energy storage to ensure sustainable growth.

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