India: Newly installed solar capacity exceeds 3GW in the third quarter
India added 3,316 MW of new non-hydro renewable energy capacity from solar, wind, biomass and other renewables Solar Power For Houses in the third quarter of fiscal 2021-22, a 73% increase from 1,914 MW in the same period last year. However, new non-hydro renewable energy capacity fell by 27% compared to the previous quarter due to intensified supply chain constraints.
Of this, solar added 3,072 MW, accounting for 93% of the total renewable capacity added during the quarter, driven in part by a 142% increase in rooftop solar installations to 700 MW.
According to a CEEW-CEF research report, rising raw material costs and supply chain constraints have led to rising costs of solar photovoltaic modules. Although the price of photovoltaic modules has risen by 40% last year, reaching a peak of Rs 21/W at one point, new production capacity is still rising. trend.
Gagan Sidhu, director of CEEW-CEF, said the addition of new renewable energy capacity in Q3FY22 is in line with the government's vision for sustainable growth in the coming years and the direction of development that emphasizes energy transition and climate action as key pillars of future economic development. While we've seen an influx of capital in recent months, more is needed to shore up India's ambitious renewable energy goals. The budget proposal for the issuance of sovereign green bonds could help fill the gap and help stimulate the development of the domestic corporate green bond market, potentially acting as a multiplier for green development.
-
10kw Home Solar System-Trinidad and TobagoAre you tired of constantly worrying about rising electricity bills ? Look no further! Our solar power systems are the perfect solution for you. Just ask our satisfied customer from Trinidad and Tobago, who recently purc
Do you like ?0
Read more -
Village in the mountains with solar system“We have to go back and forth several hundred meters to fetch water from the mountain every day,” a villager told us. "Our village has been living in the mountains for generations. Travel is not that convenient, and water and electricity
Do you like ?0
Read more -
100KW Commercial Solar Power Will Be Soon In Nigeria HotelDavid, a Nigerian resident living in Guangzhou, China, has become a true "China expert" after spending 20 years in the country. His family in Nigeria operates 15 hotels, and David is responsible for procu
Do you like ?0
Read more -
Let factories use electricity for freeThe Philippines has abundant sunshine, and the solar system can start generating electricity at 6.30 in the morning and stop generating electricity at around 17.30 in the afternoon. The peak power generation is between 10.00 and 15.00. A cus
Do you like ?0
Read more -
5KW Off-grid Solar Setup In Congo HospitalWith Mars solar off-grid solar setup, a hospital from democratic republic of the Congo now harnessing the power of the sun to run medical appliances. Here are some highlights of Mars off-grid solar system's fun
Do you like ?0
Read more -
Mars Half-Cell Solar Panel Vs Another Half-Cell Solar PanelTOPCon half-cell solar panels have the following features: 1. High efficiency: TOPCon’s silicon wafer efficiency can reach up to 25.2%, which is 2% higher than other solar panels. It is expected that by the second half of 2023, TOPCon can reach 26
Do you like ?0
Read more