The country is estimated to add nearly 16 GW of clean energy capacity in 2019.
This calendar year will see new installations add nearly 16 gigawatts (GW) of clean energy capacity, which is 50% more than the amount added last year.
According to a report by Bridge to India, the Gurugram-based renewable energy consultancy firm, the new additions will see India’s solar capacity rise to about 38 GW by the end of the calendar year.
India has set a target of building 100 GW of solar capacity by 2022 to help meet one of the country’s goals under the Paris climate agreement: renewable sources must account for up to 40% of power generation capacity by 2030.
Bridge to India analyst and the report’s lead author Arti Mishra Saran says that the projected rise in additions this year is a result of heavy tendering activity in late 2017 and early 2018.
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