The consultancy further noted that the sector was already grappling with a series of vexatious issues over the last few years
Calculations by CEA show that by FY30, non-fossil fuel (solar, wind, biomass, hydro and nuclear)-based installed capacity will be about 64 per cent of the total installed capacity
The India Meteorological Department has predicted generally cloudy sky with light rain for next three days while partly cloudy sky with possibility of rain or thunderstorm on June 15 and 16
Made-in-India solar panels might not be the most competitive, but what might work in the country's favour is the strategic shift in the priorities of companies post Covid
The tumbling tariffs of solar power, however, have slashed the expectations of returns by investors from 14 per cent to 12 per cent
The project developer will have the option of building a hybrid plant with wind and hydro power or have energy storage systems
Electricity generation from coal - India's primary source of electricity - fell 32.3% to 1.91 billion units per day, the data showed
The inherent weaknesses of India's power sector are getting exacerbated in this scenario
There is already a slowdown in tendering of wind and solar PV projects by 25 per cent to 8.6 GW in 2019 from 11.5 GW in 2018
India's solar energy 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) to about 8,500 MW by the end of 2020. "The country installed 7,346 MW of solar in 2019, a 12 per cent decline year-over-year (YoY), compared to 8,338 MW installed in 2018," according to the report titled 'Q4 & Annual 2019 India Solar Market Update'. It also estimates solar installations in the range of 65-70 gigawatt (GW) by 2022, based on the current market conditions. The government has set a solar installation target of 100 GW by 2022. The large-scale solar projects accounted for 85 per cent of installations with 6,242 MW in 2019 and saw a 7 per cent y-o-y fall, and rooftop solar made up the remaining 15 per cent adding 1,104 MW, a 33 per cent drop ...
The move is in line with the Centre's efforts to promote domestic solar manufacturing
India has set a target to raise renewable energy capacity to 175 gigawatts by 2022.
India has set a target to raise renewable energy capacity to 175 gigawatts by 2022
The Adani Group chairman said the age of renewable energy has dawned upon the world faster than most could have anticipated
The second of a three-part series takes a look at challenges for those who aspire for solar-powered pumps in Haryana, Rajasthan
High Court directs state to pay in four weeks
With project developers cutting down on projects, heat is felt by panel manufacturers as well
State power utilities UPPCL and UPNEDA have launched an ambitious pilot in select government buildings in Lucknow that have installed rooftop solar power plants
Promoters aim to reduce outstanding loan by Rs 1,000 crore from listing date, by December 31
These solar panels are fixed atop vehicle roofs to act as supplementary power source for electrical load demand without impacting the vehicle's aerodynamics