Bridge To India Solar Report 2020

Clean energy consultancy bridge to india has lowered india s renewable capacity addition outlook for the five year period 2020 24 as considerable economic uncertainty looms with covid infections rising rapidly in the country.

Bridge to india solar report 2020.

India added just 351 megawatt mw of solar power generation capacity in the second quarter q2 of 2020 taking the total installed capacity to 38 377 mw by 30 june 2020 according to a latest report. It added that 1 864 mw of utility scale solar capacity was scheduled to be commissioned in q1 2020. India added only 989 megawatt mw of solar power generation capacity in the first quarter q1 of 2020 due to covid 19 disruption taking the total installed capacity to 37 916 mw by 31 march 2020 according to a latest report. It said the domestic energy sector has been hit by multiple demand and supply shocks sharp reduction in power demand delays in construction activity and deferred payments across the value chain.

The report also says that india has one of most competitive and lowest per unit cost of solar power in the world. The quarterly analysis by bridge to india detailed how the capacity addition were down sharply at 64 percent qoq due to covid related constraints. Clean energy consultancy bridge to india has lowered india s solar and wind power capacity addition estimate over 2020 2024 citing weak economic outlook and further slowdown in power demand. India s total commissioned utility scale stood at.

20 september 2020 bridge to india. The lion s share of this capacity comes from the industrial segment that contributed 2 140 mw to the total while 926 mw came from the commercial segment. Utility scale solar capacity addition in q1 2020 was just 689 mw against our estimate of 1 864 mw. 150 000 buy full report.

The indian solar rooftop market crossed 4 gw in total capacity by mar 31 2019 reaching a total of 4 375 mw according to bridge to india s bti india solar rooftop map 2019. In the second quarter of 2020 india added just 351 mw of new solar power generation capacity taking total installed capacity to 38 377 mw by the end of june of the new additions 60 211 mw came from utility scale solar and 40 140 mw from rooftop solar according to bridge to india s latest report india solar compass q2 2020. Installation activity was tracking fairly well up. As per the bridge to india a renewable energy think tank report of 2020 the total rooftop installed solar power capacity of india stood at 5 5 gw including the installed solar power projects on residential buildings.

India is expected to add 35 gw of solar and 12 gw of wind power capacity over 2020 24 according to a bti report. Bridge to india has just completed the latest round of data compilation exercise for rooftop solar. It added that project construction was expected to pick up pace over the coming quarters. Q2 2020 taking the total installed capacity to 38 377 mw by june 30 2020.

India added just 351 mw of solar power generation capacity in the second quarter of the fiscal i e.