India's solar and wind power will account for 9.3% of electricity demand in 2020

    According to the latest news from Bloomberg New Energy Finance, in 2020, India's wind farms and solar power Home Solar Energy stations accounted for 9.3% of all grid demand, compared with 8% in 2019.

    Specifically, in 2020, solar power generation in India will increase by 25% year-on-year, while wind power generation will fall by 5%. This is because despite the high installed capacity, the wind season this year is relatively weak, especially from August to October.

    According to an analysis by the American consulting company ArcVera Renewables, due to low wind speeds caused by regional and global climate factors, India’s wind power production in the second and third quarters of this year unexpectedly dropped.

    The analysis pointed out that despite the changes compared to the same period last year, India’s wind power generation in the second and third quarters of this year was significantly lower than the long-term average production forecast, which is based on the analysis of climate records and surface wind observation points. Yes, this is a rare event.

    The Indian government plans to achieve 175GW of domestic renewable energy installed capacity by the end of March 2022, including 100GW of solar power and 60GW of wind power. Among the 100 GW of solar power, 40GW of rooftop solar power is also included.

    However, in early 2020, the COVID-19 outbreak, the lockdown policy adopted to curb the spread of the virus has led to weak power demand, and the lower power generation generated by renewable energy and other technologies is in a "must run" state, which will also help increase wind and solar power Share in the power generation portfolio.

    In general, coal and natural gas are still India’s main sources of power generation, accounting for 73% of total electricity demand in 2020, lower than 75% in 2019. Other zero-carbon resources (such as hydropower, nuclear power and biomass) will be in 2020. 17% of electricity was provided in 2017, compared with 16% in 2019.

    It is estimated that in 2021, with the commissioning of new solar and wind energy projects, the proportion of renewable energy in India's electricity demand is expected to further increase.