L R AS Published on Friday 7 January 2022 - n° 388 - Categories:India

Record number of PV installations in India thanks to large investments

For the third year in a row, 74% of the value of loans in India in 2020 went to renewable energy projects, compared to 26% for coal. This was a 40% increase on the previous year. Eighty-eight per cent of this capital went to new construction.

Solar PV accounted for 81% of renewable energy transactions

https://www.pv-tech.org/india-investing-three-times-more-in-renewables-than-coal-although-support-for-fossil-fuels-up-40-says-report/

PV Tech of 16 December 2021

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India would have installed a record volume of panels in 2021, i.e. 14 GWp

https://www.digitimes.com/news/a20211230PD203.html

Digitimes of 30 December 2021

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