As per the data released by federal government agencies, 93 percent of the power added between October to December 2017 was Renewable energy. The previous quarter saw a growth of just over 92 percent in renewable technology. This data shows the rapid increase with which the solar and wind energy is expanding with the help of the government support and policies favoring the renewable energy growth.
On the other hand, thermal and fossil fuel based energy sectorsares facing a sluggish growth.
Renewable Energy expansion was led by solar in the fourth quarter. Talking about numbers, the total power capacity added was 2,887 megawatts in Q4 2017 and 2,689 megawatts were renewable based. None of the power added in Q4 was fossil fuel dependent. Solar was 79 percent of the total capacity and bio energy stood second with 8 percent share. Hydro Energy accounted for 5 percent and wind energy was 7 percent.
The third quarter showcased a similar picture. 82 percent was solar, 10 percent was wind, and hydro projects constituted for 8 percent in the net new additions. Of the net capacity addition of 879 megawatts in Q3 in India, 1854 was renewable energy and 1,657 megawatts was solar capacity.
The thermal power had no new additions and was also degraded in the installed capacity. India retired 1,126 megawatts of thermal capacity in Q3 and 490 megawatts in Q4 last year. This resulted in a greater figure for renewable energy in Q3 and Q4 than the net capacity added.
Source: Clean Technica