Thursday, 26 April 2018
Growth in Indian solar capacity outpaces coal in financial year 2017-18 (April 1, 2017 to March 31, 2018)
The addition of new solar capacity outpaced the commissioning of new coal plants in India for the first time. While coal plants still account for 57 per cent of India’s power generation capacity, the commissioning of 5000 MW of new coal plants in FY2017-18 (April 1, 2017 to March 31, 2018) was about half the capacity addition of solar.
Coal plant additions declined by 28 per cent in the 2017-18 financial year compared to the year before. Non-hydro renewables now accounts for over 19 per cent of India’s installed capacity, with solar capacity growing by 89 per cent between March 2017 and March 2018.
Further information: Solar Energy Was the Only Power Source in India to Grow Year-Over-Year in FY 2017-18. Mercom India, April 24, 2018.
Labels:
India,
Solar,
Wind energy
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