Tags: Solar capacity addition

Covid 19 Effect- Solar capacity addition in Q2 of 2020 fell to six-year low of 205 MW

A new report from consulting firm Mercom India Research revealed that solar capacity addition in second quarter of 2020 fell to a six-year low of 205 MW, plummeting 86% year-on-year The report noted that large-scale installations accounts for 59%, while the rest was from rooftop projects. Since January the total power added was 2.3 GW, […]

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India’s solar capacity addition during FY21 to come down by 15 per cent: ICRA

The rating agency ICRA in its new report revealed that India’s domestic solar capacity is expected to add about 5.5 gigawatt (GW) during the financial year 2020-21 (FY21) due to the execution headwinds amid lockdown restrictions post-COVID pandemic. ICRA said that the domestic solar capacity addition in FY20 remained lower by 15 per cent than […]

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Solar capacity slows down; new solar addition came down by 15.5 percent in 2018

Solar capacity addition in India last year came down by 15.5 percent to 8,263 MW as compared to 2017 due to safeguard duty and issues related to GST and transmission, a report said. The year 2017 saw new solar installations of 9,782 MW. According to the report by Mercom India Research, the safeguard duty and […]

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