Solar power installations in the country have reached 8,643MW, driven by four states crossing the 1gw solar installation mark on the back of the Modi government constantly pushing renewable energy as part of its climate management policy.
Some 500MW solar capacity was added in September, indicating solar installations continue to grow in spite of a slowdown in power demand, declining capacity utilisation of thermal projects and availability of cheaper power on the electricity exchanges.
Green energy market tracker Mercom Capital has projected a total capacity of 4.8GW for calendar year 2016. Installations have already reached a capacity of 3.8GW.
Tamil Nadu, Rajasthan, Gujarat and Andhra Pradesh have crossed the 1GW solar installation mark. These states displayed significant activity in the sector and together accounted for 59% of the 8.6GW installed so far.
Cumulative solar installations in the country had topped 7.5GW in May. India has 14GW of solar projects in various stages of development and another 7GW waiting to be auctioned.
At the end of 2015-16, solar accounted for 2.5% of the net installed capacity in the country, up from 1.4% a year ago, and was the fastest-growing new energy source. Solar accounted for 17.4% of all renewable energy generation it 2015-16 against 10.5% in 2014-15.
Some 500MW solar capacity was added in September, indicating solar installations continue to grow in spite of a slowdown in power demand, declining capacity utilisation of thermal projects and availability of cheaper power on the electricity exchanges.
Green energy market tracker Mercom Capital has projected a total capacity of 4.8GW for calendar year 2016. Installations have already reached a capacity of 3.8GW.
Tamil Nadu, Rajasthan, Gujarat and Andhra Pradesh have crossed the 1GW solar installation mark. These states displayed significant activity in the sector and together accounted for 59% of the 8.6GW installed so far.
Cumulative solar installations in the country had topped 7.5GW in May. India has 14GW of solar projects in various stages of development and another 7GW waiting to be auctioned.
At the end of 2015-16, solar accounted for 2.5% of the net installed capacity in the country, up from 1.4% a year ago, and was the fastest-growing new energy source. Solar accounted for 17.4% of all renewable energy generation it 2015-16 against 10.5% in 2014-15.
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