India to add 11.4 GW of solar capacity every year: S&P Global


India to add 11.4 GW of solar capacity every year: S&P Global

India will add 11.4 gigawatt (GW) of solar capacity annually for the next few years on the back of strong government push to achieve its targets, S&P Global Platts Analytics said in a report recently.

The report titled “Global Solar Outlook (2019-2025)”, however, sighted land availability, financial health of discoms, and grid availability as some key risks that could prevent a larger solar deployment in the medium-term.

According to the report, the upcoming 2019 general elections would be an important event for the sector, and as a result, little progress on the policy front was expected in the near term. Read More

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