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Title: India marks dramatic change, renewable energy capacity addition beats conventional in FY17
Source:The Financial Express
Date:7 April 2017

In a dramatic change, India added 15.3 giga watt (GW) in the burgeoning renewable energy segment in FY17, while the country’s conventional power capacity rose just 6.2 GW in the first 11 months of the year. Though analysts say conventional capacity for the full year could be around 11 GW, renewables’ unprecedented lead would still be intact. Reflecting the government’s endeavour to increase the share of green power in the country’s energy mix, 6.8 GW of solar capacity and 5.5 GW of wind power were added in the last financial year – the highest annual addition in these segments ever.Though falling short of the target of 12 GW in FY17, the addition in solar capacity was 125% higher than that in previous financial year. The target for wind power addition in the period was 4 GW and this exceeded the target.




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