Total renewable energy capacity addition in 2019 will be 15,860 megawatts (MW), up 50% compared to 2018, when there was a lack of clarity on goods and services tax (GST), safeguard duty and BIS standards, besides slow construction of large parks and poor grid connectivity. “Dictated purely by tender timetables, capacity addition should jump from 10,560MW last year to 15,860MW in 2019,” the report, shared exclusively with Mint, estimates. More than 30 developers are expected to commission utility scale solar projects in 2019, with Azure Power and ACME Solar leading the pack, while Ayana Renewable Power Pvt. Our estimates include 83MW of floating solar capacity addition (33MW, NTPC Kerala tender and 50MW, SECI Uttar Pradesh tender).”Rooftop solar capacity addition in 2019 is expected at 2,368 gigawatts (GW), 49% higher than in 2018, while about 290MW will come from off-grid capacity, mostly from solar pump installations. The report, however, warns against overt exuberance by the government in announcing new renewable energy projects.

Source: Mint January 08, 2019 23:15 UTC