‘Renewable energy capacity addition rises 80% to 3.4 GW during Dec quarter’
Renewable energy capacity addition increased 80 per cent to 3.4 gigawatts (GW) during the December 2021 quarter compared to a year ago, according to CEEW-CEF.
New capacity addition of non-hydro renewable energy increased to 3.4 GW during the third quarter of FY22, compared to just 1.9 GW installed in the same period last year (October-December 2020), according to the latest edition of the CEEW Centre for Energy Finance (CEEW-CEF) Market Handbook, according to a statement.
This is nearly an 80 per cent jump in new renewable energy (RE) capacity addition on a year-on-year basis.
However, it stated that compared to the preceding quarter (July-September), new non-hydro RE capacity additions fell 27 per cent on account of intensifying supply chain constraints.
