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India: solar installed broken 9GW, 2017 growth rate is expected to reach 90%

2022-11-17

India's new energy and renewable energy statistics, the country's solar installed capacity in 2016 by the end of more than 9GW; In addition, the agency forecast 2017 India's solar energy demand is expected to grow 90% over 2016.

Until the December 31, 2016, the domestic solar energy installed capacity statistics, the national installed capacity of 9,012 MW, the official breakthrough 9GW mark; to the end of 2016 fiscal year (March 31, 2017), is expected to grow to around 12GW. However, NMRE also said that the first nine months of fiscal 2016 installed capacity of only 2,250 MW; in other words, 2016 fiscal year installed capacity will come to 5,250 MW up and down, including 3GW will be completed in the last three months.
(1,591MW), Rajasthan (1,318MW), Gujarat (1,159MW), Andhra Pradesh (980MW), Terenggana State (973MW), and the United States, Madhya Pradesh (840MW) and Punjab (545MW).
2017 growth can be expected
India currently has about 14GW of large-scale solar power plant for the record amount. Of which about 7.7GW is expected to be completed in 2017 put into operation; plus about 1.1GW of roof-type solar energy system, the overall 8.8GW annual demand will grow 90% more than 2016. While the roof-type system will also reflect 75% growth.
In addition, 8.8GW installed capacity will also make India surpass demand weakness in Japan, as China, the United States after the third largest solar energy demand countries.
India's solar subsidy is expected to be cut to less than 4.00 Indian rupees per degree (about US $ 0.06), and thus become India's cheapest new energy.

India's installed capacity in fiscal year 2016 is expected to reach 5.2GW, 2016 the end of the fiscal year's cumulative installed capacity will exceed 8GW. And 2017 fiscal year demand is expected to more than 8GW, will also appear more than 60% growth.