Solar energy now accounts for 1 percent of the total electricity generated in India and 14.3 percent of total renewable power generated in the country. During the eight-month period from April to November in 2016, solar accounted for 8,436.06 million units of electricity, according the Central Electricity Authority (CEA).
Compared to the eight-month period from April to November in 2015, solar generated 3,917 million more units.
According to Mercom’s India Solar Project Tracker, over 4 GW of solar has been commissioned this year compared to 2.3 GW in all of 2015. With solar installations forecasted at more than 9 GW in CY 2017, the share of solar power generation is expected to continue increasing.
Wendy is a co-founder of Mercom Capital Group, the parent company of Mercom India. Wendy is a contributing editor at MercomIndia.com and is responsible for content quality across the company and products. She has over 15 years of business and finance experience in the energy and technology markets. In addition to Mercom, Wendy has written for many other clean energy-focused blogs and publications. More articles from Wendy Prabhu.