All eyes on the Indian government
India’s total installed solar capacity touched 34.1 GW on June 30, 2019. The total was split between 27.9 GW of utility-scale PV, 4.6 GW of rooftop solar and 1.26 GW of off-grid solar. The nation’s total project pipeline – projects allocated to developers and those in various stages of development – stood at 19.69 GW as of June 30. Bridge to India’s Sai Nandamuri looks at the outlook for Indian solar in 2019 and 2020.
Utility-scale solar capacity additions have been slowing down in India over the past year, and the second quarter remained slow, with only 1.1 GW of capacity additions against our estimate of 1.53 GW. The slowdown is due to many reasons: land and transmission bottlenecks, tight liquidity in the financial system, and rising input costs that …
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