India adds 5.7GW of utility-scale solar power

     A new report shows that India has increased new utility-scale average cost of home solar system capacity of about 5.7 GW (GW) in the 2019-20 fiscal year (ending March 2020), a 24% reduction from the target of 7.5 GW.

    According to the Indian market research agency JMK Research and Analytics, “According to the Ministry of New Renewable Energy (MNRE), India increased its new utility-scale solar power generation capacity by approximately 5.7 GW in the fiscal year 2019-20. It was installed the previous year Compared to the volume, installations in the 2019-20 fiscal year also fell by 1%. "

    The agency added that in fiscal year 2019-20, Rajasthan increased its maximum capacity by 1.8 GW, followed by Tamil Nadu by 1.3 GW, and Karnataka by 1.1 GW. The study said: "In fiscal year 2019-20, these three states together contributed 74% of all utility-scale solar installations in India."

    At the same time, the newly installed wind power capacity in the fiscal year was about 2.1 GW, which was about 30% lower than the target of 3 GW set in the fiscal year. Compared with the previous year's installation, the wind power installation in the 2019-20 fiscal year is about 31% higher. Among them, Gujarat accounted for the main new capacity, totaling 1.4 GW, followed by the installation of 335 MW in Tamil Nadu and Maharashtra (206 MW).