India's Solar Demand Set For 22% Annual Growth Through 2035

Submitted by Tsvetana Paraskova of OilPrice.com

India’s solar capacity is set to surge by 22% each year by 2035 as the data center boom will drive increased power consumption, a new report by Nuvama showed on Monday.   

The consultancy estimates that India’s total power demand will rise by 6% every year over the next decade, “driven by economic growth, rising urbanisation, manufacturing expansion and increasing electrification across sectors,” according to the report cited by Indian news outlet ANI.

Solar growth will vastly outpace overall power demand as power-intensive data centers will drive 22% compound annual growth rate (CAGR) in solar energy capacity from 2026 to 2035, the report found.

“Our base case suggests green hydrogen and data centre capacity shall add another 251GW solar capacity, while it is 406GW capacity in the bull case scenario,” Nuvama analysts said in the report.

“Given solar capacity expansion in our base case, the share of solar shall rise from 28% in FY26 to 61% by FY35 and to 65% in the bull case,” they added.

India expects to nearly quadruple its solar power capacity and triple wind power-generating assets within ten years, according to the new Generation Adequacy Plan published by the country’s Central Electricity Authority earlier this year.

India projects to have a total of 509 gigawatts (GW) of solar power capacity installed by the end of the 2035-2036 fiscal year, up from 140 GW installed solar PV capacity as of January 2026.   

“The installed generation capacity projection in 2035-36 shows that the country is moving toward a strong transition to non-fossil energy. Renewable sources, especially solar PV, hydro, and wind, will dominate future capacity, supported by Energy Storage Systems,” according to the policy.

In 2025, India boasted that it was five years ahead of schedule when it achieved its target of having 50% of its installed electricity capacity coming from non-fossil fuel sources.

However, India's electricity grid is expanding at a slower pace than the boom in renewable energy installations, leading to an increased share of clean energy curtailments and threatening to slow the solar and wind boom in the world’s most populous country.   

Tyler Durden Mon, 06/15/2026 - 20:05

How The World Added Decades To Life Expectancy

The average person today can expect to live far longer than someone born in 1960, regardless of where they live.

This chart, via Visual Capitalist's Bruno Venditti, tracks life expectancy at birth across four World Bank income groups. While high-income countries still have the longest lifespans, the biggest gains have come elsewhere. Upper-middle income countries have added more than three decades to life expectancy, while low-income countries have made substantial progress as well.

The data for this visualization comes from World Bank via FRED. It tracks life expectancy at birth by income group from 1960 to the latest available data (2024).

High-Income Countries Still Lead

High-income countries still have the highest life expectancy, reaching 80.3 years in 2024.

That is up from 68.3 years in 1960, a gain of 12 years. These countries started from a much higher baseline, meaning their gains have been slower but still substantial.

Examples include the U.S., Germany, and Japan.

 

Upper-Middle Income Countries Saw the Fastest Gains

 

Upper-middle income countries posted the largest increase, rising from 41.9 years in 1960 to 76.3 years.

That is a gain of 34.4 years, the fastest improvement of any group in the dataset. This category includes countries such as China, Brazil, Mexico, and South Africa.

Much of this improvement coincided with rising incomes, better sanitation, expanded vaccination programs, lower child mortality, and broader access to healthcare. Together, these changes helped push life expectancy in many middle-income countries toward levels once seen only in the world’s wealthiest economies.

The Global Life Expectancy Gap Has Narrowed

In 1960, people in high-income countries lived about 27 years longer than those in low-income countries.

Today, the gap stands at roughly 16 years. While a significant difference remains, low-income countries have added more than 23 years to average life expectancy since 1960. In other words, much of the world’s longevity progress has come from countries that started furthest behind.

However, the remaining gap shows that income, healthcare access, and living conditions continue to shape longevity worldwide.

If you enjoyed today’s post, check out Ranked: Countries With the Most Ultra-Rich Residents in 2026 on Voronoi.

 

Tyler Durden Mon, 06/15/2026 - 19:40