Solar Accounts for 1 Percent of Total Power Generated in India in the First Half of FY 2016-17
December 2, 2016
Solar energy accounts for almost 1 percent of total power generated in India and 12 percent of the total renewable power generated in the country. Solar accounted for 5,791.54 million units of electricity produced in the country during the six-month period from April to September, 2016, the Central Electricity Authority (CEA) stated.
Solar energy generation has gathered steam, in the current year solar has produced 2,600.31 million more units compared to the six-month period from April to September in 2015.
Project commissioning has picked up and this has resulted in the share of solar witnessing an increase in the overall power generated in India.
According to Mercom’s India Solar Project Tracker, close to 3.6 GW of solar has been commissioned this year compared to 2.1 GW in all of 2015. Government policies and subsidies are helping the sector grow. With solar installations forecasted at more than 8 GW in CY 2017, the share of solar power generation is expected to continue increasing in the near future.