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Recent analysis of India’s monthly installed capacity data by the Central Electricity Authority (CEA) underscores the contrasting trends in wind and solar energy. The data highlights a distinct upward trajectory for wind energy during the initial seven months of 2023 compared to the same period in 2022. In contrast, solar energy’s growth has tapered off in 2023, exhibiting a decline from the figures seen in 2022. Specifically, India’s solar power additions amounted to 7,843 MW in the first seven months of 2023, a reduction from the 8,627 MW recorded in the corresponding period the previous year. In stark contrast, wind energy installations have surged forward. The data indicates that in 2023, India introduced 2,011 MW of wind capacity during the same timeframe, marking a substantial increase from the 811 MW incorporated in the prior year. This disparity signifies that the wind energy sector is undergoing rapid expansion in the current year compared to its performance in the previous year.
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Note: Note: The above-mentioned news was first published by us in our ProjectX India | 15th September 2023 edition.. To get this issue or our latest issue with full contact details, you can buy this issue by clicking here…
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