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India's renewable energy installed capacity expected to exceed 100 million kw

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Published by Mars February 26,2020

      As of November 2019, solar system kit india energy installed capacity was 84.4 million kilowatts, with an installed capacity of 30 million kilowatts under construction, and another 40 million kilowatts were under tender.

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    In 2017, 2018 and January-November 2019, the added value of renewable energy installed capacity in the year exceeded 10 million kilowatts, which were 12.83 million, 11.24 million and 10.32 million kilowatts, respectively.

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    With the implementation of a number of subsidy projects, State Minister Singh of the Ministry of Energy of India pointed out that by 2020 India's total renewable energy installed capacity is expected to exceed 100 million kilowatts (100 gigawatts). However, the Indian Solar Developers Association (SPDA) expressed concern over the slowdown in renewable energy growth in India, arguing that financial institutions are reluctant to lend due to lack of confidence in renewable energy projects, import photovoltaic module safeguards are still being implemented, and photovoltaic equipment GST policies Uncertainty, the arrears of power transmission companies and other factors will drag down the growth of clean energy.

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