NEW DELHI: India’s renewable energy sector rebounded to the pre-pandemic levels in the December quarter as the gradual lifting of lockdown curbs restored supply chains.
Capacity additions jumped 59% at 1.9 GW (gigawatts) compared to the first quarter of 2020-21, according to the latest market report from CEEW Centre for Energy Finance (CEEW-CEF), the Council of Energy, Environment and Water’s renewables market tracker.
Coal-fired capacity addition receded further to 369 MW in the October-December period from 550 MW in the second quarter, which was less than 20% of renewable energy capacity added, the report said. As a corollary, generation from renewables also increased by 20% in the quarter under review from a year ago.