Solar's share in India energy mix edges up to 1%

Over 4GW of solar has bee commissioned in 2016 versus 2015's 2.3GW.

According to Mercom Capital, with increasing installation activity, the solar sector has come a long way in the past two years in India. Solar energy now accounts for almost 1% of total power generated in India and 13% of the total renewable power generated in the country.

Solar accounted for 7,002.71 million units of electricity produced in the country during the seven-month period from April to October 2016, according to the Central Electricity Authority (CEA).

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," Mercom Capital added.

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.

Also Read

Vena Energy’s 53 MW Kasama Solar Project starts operation

Adani Green’s operational capacity up 34% in H1

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit