India Misses Renewable Energy Targets In Fourth Consecutive Year | CleanTechnica

Advertisement

BEGIN ARTICLE PREVIEW:





May 23rd, 2020 by Saurabh 

India has missed its renewable energy capacity addition target for 2019–2020. This is the fourth shortfall in achievement of targets in as many years.

Image: Zach Shahan, CleanTechnica

At the start of financial year 2019–2020, the Ministry of New and Renewable Energy (MNRE) had set a target to add 11.8 gigawatts of renewable energy capacity. This target was the lowest in four years. Compared to 2018–2019, the capacity addition target was 24% lower, yet India failed to achieve the target. During the period of April 2019 to March 2020, the country managed to add 8.7 gigawatts of renewable energy capacity, a shortfall of 26%.
The largest capacity addition achieved in India’s renewable energy sector remains 11.3 gigawatts in 2016–2017.
Solar power had its lowest capacity addition target in four years. Yet, the sector failed to meet the target, falling short by 24%. Solar power capacity addition target for 2019–2020 was set at 8.5 gigawatts, down from 11 gigawatts in 2018–2019. Against this target, only 6.4 gigawatts capacity was added, which is marginally lower than capacity added in previous year (6.5 gigawatts).
Between 2015–2016 and 2019–2020, the cumulative capacity addition target for solar power sector was 42.9 gigawatts. Against this target, only 26.2 gigawatts of capacity was added.
The capacity addition target for the wind energy sector was …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE