India adds record 10 GW of solar capacity in Q1 of 2024
This figure represents an almost 400 per cent year-over-year (YoY) increase compared to the over 2 GW installed in Q1 2023
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This figure represents an almost 400 per cent year-over-year (YoY) increase compared to the over 2 GW installed in Q1 2023
In Q1 of 2023, the solar segment added just 2 GW
Around 150 kilometres south of the Khavda plant, also in Kachchh district, lies an integrated solar photovoltaic (PV) and wind turbine manufacturing facility owned by Adani New Industries Limited (ANIL), a wholly-owned subsidiary of Adani Enterprises Limited.
India Business News: The government has reinstated restrictions on solar module imports to promote local manufacturing, requiring developers to purchase from an approved l
Import restrictions on solar modules return April 1, aiding local capacity. Exemptions exist for projects till March 31, 2024. Domestic manufacturing capacities are projected to grow significantly by 2026.