Nearly 40% Of All New Power Capacity In India This Year Is Solar


Nearly 40% Of All New Power Capacity In India This Year Is Solar

The solar energy sector has accounted for the largest capacity addition to the Indian electricity grid so far this year.

It has contributed around 39% over 7,100 megawatts (MW) to the overall capacity additions, according to data from Mercom Capital Group, a US-based research and consulting firm. For comparison, solar energy capacity additions stood at only around 4,313 MW in all of 2016.

In all, the country now has a total solar capacity of around 14.7 gigawatts (GW, 1 GW = 1,000 MW) as of September 2017.

The spurt in solar power capacity comes on the back of the Narendra Modi government’s push for renewable energy, and its target of installing 175 GW of renewable energy (100 GW of this from solar sources) by 2022.  Read More…

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