Solar’s Share in India’s Power Generation on the Rise: Accounts for 1 Percent of Total Electricity Generated
January 4, 2017
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Solar energy generation continues to increase. In 2016, solar produced 3,072.41 million more units compared to the seven-month period from April to October in 2015.
The numbers show how far solar has yet to go to become a significant source of electricity generation in the country. On the positive side, the electricity generated through solar has been increasing exponentially.
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. Government policies and subsidies are helping the sector grow. With solar installations forecasted at more than 9 GW in CY 2017, the share of solar power generation is expected to continue increasing.