India s solar cell power generation delayed

Why did India's solar power grow so slow in 2024?

SINGAPORE, July 4 (Reuters) - India's solar power generation grew at the slowest pace in six years in the first half of 2024, an analysis of data from the federal grid regulator showed, as the country further stepped up reliance on coal to address surging power demand.

Is India's solar energy capacity growing?

India Today’s Data Intelligence Unit analysed the data and found that between 2013 and 2022, there was significant growth in India’s solar energy capacity. Starting from 1.60 GW in 2013, the country's maximum net generating capacity steadily rose, reaching 63.15 GW by 2022.

How did India's solar capacity perform in Q3 2024?

India Solar Capacity: In the third quarter (Q3) of 2024 alone, 3.5 GW of solar capacity was installed, reflecting a 28% quarter-on-quarter (QoQ) decline from 4.9 GW in Q2 2024 but a 78% year-on-year (YoY) increase from 2 GW in Q3 2023. Of this, large-scale solar installations accounted for 2.8 GW, a 34% drop QoQ but a 77% rise YoY.

Is India achieving self-sufficiency in the production of solar cells?

As per industry feedback, the installed capacity of solar cell manufacturing in the country is around 6 GW. Thus, the country has achieved self-sufficiency in the production of solar modules / panels but the country is yet to achieve substantial capacity in production of solar cells.

Why are solar projects growing in India?

(AP Photo/Aijaz Rahi) BENGALURU, India (AP) — For years, renewable projects in India have been growing steadily, from small-town rooftop solar installations to large-scale projects across the desert and long stretches of wind turbines and solar panels on farmland all contributing to the country’s climate goal of transitioning to clean energy.

What is the status of production of solar cells & panels?

The Union Minister for New & Renewable Energy and Power has informed about the status of production of solar cells and panels in the country. The solar power generation capacity added in the country in Financial Year 2022-23 was around 12.78 GW.