Kolkata: The growth rate of solar power generation has declined to 32 per cent, compared to 86 per cent growth recorded in H1 2018, thanks to the decreased pace of solar capacity addition in the first half of 2019 to 3.2 GW against over 5 GW in the same period of 2018. This is notwithstanding the fact that solar energy generation also witnessed a growth of 7 per cent quarter-on-quarter (QoQ) from the 11.4 billion units generated in the Q1 2019, a recent report by Mercom Capital Group, indicated.
The report said solar power generation in the country peaked in the summer months of March, April, and May of 2019 with over 4 BUs.