India may not meet its 175 GW of renewables by 2022 target if the sector continues to be plagued by policy inconsistency, DISCOM problems and other issues, say Centre for Science and Environment (CSE) analysts.
The state has ordered 200 MW of PV across each of 16 zones this year and next, and said all government buildings, water and irrigation projects will host solar arrays.
The procurement will be worth an estimated Rs16,000 crore, and will stipulate the use of 1.2 GW of Indian-made equipment. The power generated will replace 4 GW of coal-fired electricity consumption used by the railways.
The nation still managed to attract around $11.1 billion for renewable energy in 2018, to be the world’s fifth most attractive destination for funds, according to new figures compiled by BloombergNEF.
Taiwanese market research company EnergyTrend says the 5/31 policy change in China last year had a less dramatic effect on global demand than expected and, with the Modi government introducing solar-friendly policies, India – and Japan – will close the gap on the world leaders for installed PV capacity.
With the International Renewable Energy Agency’s number-crunchers predicting almost 5.4 GW of new solar across the six Gulf Cooperation Council nations today, Suhail Mohammed Faraj Al Mazroui said his nation alone would install 6-7 GW of new renewables capacity by 2024, as pv magazine editor-in-chief Jonathan Gifford reports.
IRENA says technologies for 3D rooftop footprint generation and solar irradiation modelling are becoming increasingly cheap, making them suitable for deployment anywhere in the world. Developing cities could access such technical resources to plan rooftop PV development.
Government-owned Bharat Heavy Electricals Limited has won an EPC order for setting up the solar PV power plants across four locations.
The Gujarati multinational will invest Rs700 billion to set up world’s first 100% renewable powered data center parks in the state.
Of the colossal sum, 350 GW would be for solar. India currently has installed renewable energy capacity of 75 GW with a further 46 GW under implementation.
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