Close X
Sunday, November 10, 2024
ADVT 
India

India needs to increase solar capacity by 36% every year: Ember

Darpan News Desk IANS, 03 Oct, 2023 12:31 PM
  • India needs to increase solar capacity by 36% every year: Ember

New Delhi, Oct 3 (IANS) India needs to increase annual solar capacity additions by 36 per cent every year to meet its 2027 target, a new analysis by global energy think tank Ember said on Tuesday.

Solar and wind could drive two-third of power generation growth by 2032 if India is on track to deliver its electricity plan, based on its analysis.

This means that growth of India’s future power generation will not be driven by coal.

Solar power transitioned from the formative phase in FY2017, reaching a one per cent share in India’s power mix. If India achieves its solar targets set out in the 14th National Electricity Plan (NEP14), its share is expected to increase five-fold, from five to 25 per cent in the FY 2022-32, marking a period of “accelerating growth”.

This implies that the country’s power generation growth, predominantly driven by coal in the last decade, could enter a stage with most of its power expansion over the next 10 years driven by solar and wind, provided India is on track to deliver its NEP14 targets, finds the analysis.

 As India’s solar adoption widens, there is also a growing need for a much higher level of storage capacity to be able to manage peak demand in the evenings and early mornings, underscored by recent power shortages.

“India’s electricity supply landscape is projected to change quite significantly in the next decade or so, with solar and wind likely to drive the growth in generation,” says Neshwin Rodrigues, Ember’s India Electricity Policy Analyst.

“Given their variable nature, a significant increase in storage capacity is crucial to balance generation and demand.”

As India is scaling up investments to renewable energy, the government now plans to tender 50 GW of solar and wind capacity per year in the following five financial years.

However, to achieve the ambitious NEP14 targets, India needs to increase its current annual solar capacity addition by about 36 per cent each year leading up to 2026-27.

This means that India would need to commission at least 17.5 GW in FY2024, with a further ramp-up to 41 GW by the 2027 target year.

MORE India ARTICLES

Punjab minister seeks rescue of women stranded in Muscat

Punjab minister seeks rescue of women stranded in Muscat
Punjab NRI Affairs Minister Kuldeep Singh Dhaliwal on Friday wrote to S. Jaishankar, Union External Affairs Minister, about Punjabi women stranded in Muscat, the capital of Oman. He requested to taking up the matter on humanitarian grounds with the embassies to ensure the safety of these women and necessary steps be taken to bring them back to India.  

Punjab minister seeks rescue of women stranded in Muscat

Three Punjab residents held in Delhi for supplying drugs trafficked from Pak

Three Punjab residents held in Delhi for supplying drugs trafficked from Pak
Punjab Police have taken custody of the trio identified as Dharmendra Singh, a resident of Amritsar, Malkit Singh and Harpal Singh, both residents of Tarn Taran in Punjab. Sources said that they were receiving drugs from a peddler sitting across the border and working at the behest of Pakistan's secret agency ISI.

Three Punjab residents held in Delhi for supplying drugs trafficked from Pak

Register case against AAP MLAs for rigging Jalandhar bypoll: Akali Dal

Register case against AAP MLAs for rigging Jalandhar bypoll: Akali Dal
Former state minister Bikram Singh Majithia said that AAP legislators who had been caught in Jalandhar on the polling day or had been photographed there included Dalbir Singh Tong, Daljit Singh Grewal, Jasbir Sandhu, Gurpreet Gogi, Amolak Singh, Madan Lal Bagga and Ajay Gupta.

Register case against AAP MLAs for rigging Jalandhar bypoll: Akali Dal

Third blast close to Golden Temple, 5 arrested

Third blast close to Golden Temple, 5 arrested
The accused -- Azadvir Singh, Amreek Singh, Sahib Singh, Harjeet Singh and Dharmendra Singh -- have confessed the crime. Three of them were involved in the sourcing of the explosives.

Third blast close to Golden Temple, 5 arrested

7 of a family in UP killed in fire

7 of a family in UP killed in fire
Seven members of a family were burnt to death after a massive fire engulfed their entire house in Uttar Pradesh's Kushinagar district. The victims comprised four minor girls, their mother and grandparents.

7 of a family in UP killed in fire

ED makes 3rd arrest in Rs 2000 cr liquor scam in Chhattisgarh

ED makes 3rd arrest in Rs 2000 cr liquor scam in Chhattisgarh
The Enforcement Directorate (ED) on Thursday arrested a third accused in the Rs 2,000 crore liquor scam in Chhattisgarh.  According to sources, the third accused has been identified as Pappu Dhillo, a liquor businessman.

ED makes 3rd arrest in Rs 2000 cr liquor scam in Chhattisgarh