The total installed capacity of Indian renewable sector has surpassed 90,000 MW during November 2020 amid continuing challenges for the developers in the segment.
The new capacity addition in the renewable energy segment has been slow so far in this fiscal. During November, an estimated 463 MW of new capacity was added in the RE sector, taking the cumulative RE energy capacity in India to about 90.4 GW as on November 30, 2020.
For the April-November 2020 period, the RE segment has added a total new capacity of 3321 MW, which is little less than 1/4th of the capacity addition target for this fiscal. The government has fixed a new capacity target of 14,380 MW for this fiscal. Solar power is expected to add about 11,000 MW (9,000 MW from ground-mounted projects and 2,000 MW through rooftop capacity), while the wind power segment is expected to bring in 3,000 MW of capacity.
During the eight-month period of this fiscal, solar segment added 2,283 MW (includes of 1,396 MW of ground-mounted and 887 MW of rooftop), while wind power segment brought in 690 MW of new capacity to the grid, according to the data of Union Ministry of New and Renewable Energy (MNRE).
Moderate tender activity
Tender activity was moderate during this November with only three utility scale tenders issued for a capacity of 110 MW and two rooftop solar tenders for a total capacity 60 MW were issued.