India tendered ‘record’ 70 GW of renewables in FY 2024
India invited bids to set up 69.8 GW of renewable energy capacity, far surpassing the annual bidding target of 50 GW. The bidding activity surged due to large-scale potential for market growth, central government support in terms of targets and regulatory frameworks, and higher operating margins.
India is seeing record demand for rooftop solar systems
India is seeing record demand for rooftop solar both from residential and industrial consumers. While the recently announced Pradhan Mantri Suryodaya Yojana (PMSY) Scheme is driving adoption among residential consumers, industries seek to add clean energy to meet climate goals amid falling panel prices.
India’s $2.1 billion green hydrogen programme off to a good start but there’s room for improvement
While the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme is a vital first step, it can be finetuned to generate interest among start-ups and global players.
India installed 10 GW of solar capacity in 2023
India added about 6.5 GW of new utility-scale solar capacity in the Jan.-Dec. period of 2023. Capacity addition from rooftop installations was 3 GW. Around 500 MW was installed in the off-grid/distributed solar segment.
India expected to add a record 4 GW of rooftop solar in fiscal 2024
Despite major roadblocks, rooftop solar capacity additions in the country are growing fast, with nearly 2 GW already added in the four months ending July 31, 2023.
India installed 6.8 GW of solar in H1 2023, says JMK Research
The solar capacity installation in the first six months of 2023 was about 15% less year-on-year.
India installed 6.8 GW of solar in H1 2023
Capacity addition in the rooftop solar segment stood at 2,294 MW, which is higher than the yearly rooftop PV installations of 2022.
India’s solar report card for FY 2022-23
India installed 9.8 GW of utility-scale solar and 2.2 GW of rooftop PV capacity in the twelve months ending March 31, 2023.
India installed 2.38 GW of utility-scale solar in Q1 2023
India added 2.38 GW of utility-scale solar and 801 MW of rooftop solar capacity in the first three months of 2023.
Annual EV sales in India surpassed 1.2 million in FY 2023
Uttar Pradesh led the yearly electric vehicle sales with a 15.15% share of the cumulative 1.2 million units sold in FY 2022-23. It was followed by Maharashtra (12.72%) and Karnataka (9.14%).
