What’s behind the curious fall in renewable energy generation
Mumbai: Renewable energy generation fell 20% in August despite a notable expansion in capacity. This was the biggest monthly fall in at least three years, according to data collated by SBICAP Securities Ltd.
Wind generation fell despite an expansion in installed capacity. As of June, the combined installed capacity of wind and solar energy was 15% higher year-on-year.
What gives?
Beginning June, renewable energy generation, typically, undergoes a seasonal slowdown for a couple of months largely due to change in weather conditions and wind speeds.
