Tags: solar capacity

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, […]

Read more

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 […]

Read more

India to add just 5000 MW solar capacity in 2020: Mercom

A recent report from Mercom India notes that -with project timelines getting extended due to the COVID-19 pandemic, India is expected to add only 5,000 MW of solar capacity in 2020, nearly 32 per cent lower than last year. India added 1,080 MW solar capacity in the first quarter of 2020, which is the lowest […]

Read more

India’s solar capacity addition dipped to 12 per cent in 2019 from 8,338 MW

Country’s solar capacity addition dipped 12 per cent to 7,346 megawatts (MW) in the calender year 2019 from 8,338 MW in 2018, according to a report by Mercom India Research. While 2019 was a lost year for the country’s solar sector, Mercom India Research expects solar installations to rise by 17 per cent year-on-year (y-o-y) […]

Read more

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 […]

Read more

Govt drops plan to install 12 GW solar capacity through NTPC

The government has dropped its plan to install 12 GW of solar capacity out of total 15 GW envisaged through state-owned NTPC as solar tariff dipped recently, Parliament was informed Thursday. Earlier, the government had planned to install 15 GW of solar energy capacity through NTPC, which was to be bundled with thermal power supply […]

Read more

India May Not Reach Its Ambitious 100 Gw Solar Power Target By 2022: Crisil

 Crisil in a report published in Mint said it expected an additional 56-58GW of solar capacity addition between FY19 and FY23. Currently, India has a capacity to generate 21.65 GW of solar power. 7.3 GW is under construction, based on already allocated schemes, another 1.7 GW is expected to be tendered and allocated over […]

Read more

Government to come out with a single bid for 25 GW of solar capacity in Ladakh

The government will come out with a single bid for setting up 25 GW of solar capacity in Ladakh, Power Minister R K Singh said today, and asserted that renewable energy is a must for sustainable development. He also said that India will achieve the target of having 175 GW of renewable energy before 2022. […]

Read more

India to comfortably achieve 100 GW solar energy target by 2022: RK Singh

India is all set to comfortably achieve 100 GW of solar energy capacity by 2022 and has already installed solar capacity of 23.12 GW till July this year, Parliament was informed today. The data regarding generation of power from various renewable energy projects is consolidated by the Central Electricity Authority (CEA). “The Ministry of New […]

Read more