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• Colliers India has estimated that India’s planned solar and wind energy expansion could generate USD 10–15 billion in land aggregation and acquisition opportunities by 2030.
• India’s installed renewable energy capacity stood at 251 GW in 2025, with solar and wind accounting for nearly three-fourths of the total capacity mix.
• The consultancy expects 270–300 GW of additional solar and wind capacity to be added by 2030, requiring nearly seven lakh acres of land across multiple states.
• Renewable energy OEMs are projected to lease 4–7 million sq ft of Grade A industrial and warehousing space annually by 2030, contributing 10–15 per cent of total demand.
• The report highlights growing opportunities for land developers, industrial real estate players, EPC firms and logistics operators as renewable energy infrastructure expands across India.
Colliers India has stated that India’s accelerating renewable energy expansion is expected to create substantial opportunities for the real estate sector, particularly in land aggregation, industrial and warehousing development, and infrastructure-linked services. In its latest report titled The Green Shift: Renewable Prioritization Reshaping Indian Real Estate, released on May 20, the consultancy estimated that solar and wind projects alone could unlock USD 10–15 billion in land-related investments by 2030. Advertisement
According to the report, India’s installed renewable energy capacity stood at around 251 GW in 2025, with solar energy accounting for 135.5 GW and onshore wind contributing 54.5 GW. Together, the two segments represented nearly three-fourths of the country’s renewable energy capacity mix. Non-fossil fuel sources, including renewables and nuclear energy, currently account for 51 per cent of India’s installed power generation capacity.
Colliers noted that approximately 146 GW of renewable energy projects are currently under construction and are expected to become operational over the next few years. The consultancy projected that India could add nearly 270–300 GW of additional solar and wind capacity by 2030, supported by government targets aimed at achieving 500 GW of non-fossil-based energy capacity within the decade.
The report estimated that these planned renewable energy projects would require nearly seven lakh acres of land across the country. Solar projects are expected to account for over 6.5 lakh acres, while wind energy developments may require an additional 15,000 acres. Land aggregation and acquisition costs typically form around 10–12 per cent of overall project expenditure in renewable energy developments.
Colliers projected overall investments of USD 110–120 billion in the solar and wind sectors over the next few years, including USD 95–105 billion for solar projects and USD 5–20 billion for wind energy developments. Of this, investments linked specifically to land acquisition and aggregation are expected to range between USD 10 billion and USD 15 billion by 2030.
Badal Yagnik stated that renewable energy growth would create significant opportunities for the real estate sector, especially in land acquisition and industrial and warehousing assets. He said the scale of planned renewable energy additions would not only support India’s decarbonisation objectives but also stimulate the emergence of new investment corridors and infrastructure-led growth destinations.
The report also highlighted rising demand for industrial and warehousing assets from renewable energy original equipment manufacturers (OEMs). According to Colliers, renewable energy OEMs leased around 6.1 million sq ft of Grade A industrial and warehousing space across the top eight cities between 2021 and 2025. Their share in overall industrial leasing increased from 3 per cent in 2021 to 8 per cent in 2025.
Vimal Nadar said annual warehousing space uptake by renewable energy OEMs had increased nearly fourfold to around 3 million sq ft in 2025. He added that annual Grade A leasing by these firms could reach 4–7 million sq ft by 2030, contributing 10–15 per cent of total industrial and warehousing demand. Chennai and Pune have emerged as the leading markets for such occupiers, accounting for nearly two-thirds of total leasing activity since 2021.
Colliers added that renewable energy-led investments are likely to generate spillover demand across affordable housing, rental accommodation, industrial townships, office spaces, training centres and local service infrastructure, particularly in Tier-II and Tier-III cities witnessing growth in manufacturing and operations facilities linked to the clean energy sector.
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