India Targets Addition Of 42.6 Gigawatt Renewable Energy Capacity By 2019

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Originally published on Planetsave.

The Indian government has revealed renewable energy capacity addition targets for the next two years. The targets are usually announced during the financial budget announcements in February every year, however, this new step seems to be a step by the government to provide clarity to all stakeholders.

According to the Ministry of New & Renewable Energy, a total renewable energy capacity of 42.6 gigawatts (GW) is to be added to the grid between April 2017 and March 2019. The capacity addition target, quite understandably, is dominated by solar power. Wind energy targets have also been increased steadily, although in the very likely scenario of withdrawn incentives these targets may prove hard to achieve.

As covered at CleanTechnica earlier this year, the ministry plans to add 12 GW of solar power, 4 GW of wind energy, 500 MW of biomass-based power and 225 MW of small hydro power capacity between April 2016 and March 2017. Between April and September 2016, India managed to add only 3.2 GW of grid-connected renewable energy capacity, compared to the full year target of 16.6 GW.

In the financial year 2017-18, a grid-connected solar power capacity addition target has been set at 15 GW, which will increase to 16 GW in the next financial year. Similarly, in FY2017-18, a wind energy capacity addition target has been set at 4.6 GW and will increase to 5.2 GW in the next financial year. Biomass-based power projects have been given targets of 750 MW and 850 MW in FY2017-18 and FY2018-19, respectively. The ministry has reduced the target of small hydro power capacity addition from current financial year’s 225 MW to 100 MW in 2017-18 and 2018-19.

India plans to have an installed solar power capacity of 100 GW and wind energy capacity of 60 GW by March 2022.

Reprinted with permission.

Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.

CleanTechnica Holiday Wish Book

Holiday Wish Book Cover

Click to download.

Our Latest EVObsession Video

I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it!! So, we've decided to completely nix paywalls here at CleanTechnica. But...
Like other media companies, we need reader support! If you support us, please chip in a bit monthly to help our team write, edit, and publish 15 cleantech stories a day!
Thank you!

CleanTechnica uses affiliate links. See our policy here.