Sharp rebound expected in green capacity addition
Mumbai: India is expected to see a sharp rebound in capacity addition this year, said industry experts, after adding only 4.9 gigawatts (GW) of renewable energy capacity in 2020 due to disruptions caused by covid-19.
India will add a record about 16 gigawatts (GW) of renewable energy capacity in 2021, showed estimates by energy consultancy firm Bridge To India. In December, the country’s total renewable energy capacity crossed the 94GW mark.
Following the covid-19 outbreak, 2020 reported the lowest capacity additions in the last five years. Persistent delays in land acquisition and transmission connectivity, rise in module prices and delayed shipments from China (over 80% solar modules used in India are sourced) contributed to the slowdown last year, the report said.
