From pv journal India
India Rankings and Analysis maintains a “secure” outlook for the Indian photo voltaic sector in fiscal 2023-24, whereas sustaining a “destructive” outlook on wind energy tasks. It modified the ranking outlook for thermal property to “optimistic” from “secure.”
India will add 14 GW of photo voltaic and 1.8 GW of wind energy era capability by 2022, in line with analysts. Nevertheless, wind tasks proceed to be stricken by generational variability.
“Abolishing the reverse public sale is more likely to enable builders to bid with a greater risk-return profile and enhance capability addition within the medium time period,” analysts mentioned.
India Rankings and Analysis has revised its outlook for thermal energy tasks to “optimistic,” based mostly on a rise in electrical energy demand that would increase the plant’s load issue by greater than of 65%, higher visibility of coal price transmission, and enough liquidity.
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