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India adds 10 GW of fresh solar in FY 2017/18, reaches 22 GW total

Solar plant in Tamil Nadu. Source:Statkraft BLP Solar Solutions (www.statkraft.com).

April 26 (Renewables Now) - Solar power capacity additions in India totalled 10 GW for the fiscal year through March, growing 89% in annual terms, data by consultancy Mercom Capital shows.

The share of solar power in the country’s newly-commissioned power capacity in fiscal 2017/18 was 6.59%, rising from 3.76% a year back, as the segment recorded the largest increase in terms of fresh capacity additions among all power sources. Wind, meanwhile, saw a drop in installation activity due to the transition from a feed-in-tariff (FiT) scheme to auction mechanism, with less than 2 GW of new wind parks coming online, a year-on-year drop of 68%.

Hydropower plants (HPPs) that were put on stream were 52% less than in the previous fiscal year.

At the end of fiscal 2017/18, renewables were responsible for 70 GW of India’s cumulative installed power capacity, which came at 345 GW. This represented a share of 20.32%, up from 17.5% in the previous fiscal year. The shares of coal and HPPs in the country’s total were 57.14% and 13.12% respectively. Nuclear power accounted for 1.96% of India’s cumulative installed capacity.

India’s cumulative wind power capacity at the end of March stood at 34 GW, while solar totalled 22 GW.

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Veselina Petrova is one of SeeNews Renewables most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

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