World Bank’s report charts the course for Indian FPV success

World Bank’s report, “Unlocking the Potential of Floating Solar Photovoltaics in India” led by Surbhi Goyal, highlights untapped 4 TW global capacity in inland waters. Asia, particularly China and India, anticipates substantial FPV growth. Short-term Indian goals focus on inland waters, with long-term plans for offshore expansion. To achieve 2-3 GW annual installations in three…

JMK reports 25% decrease in PV installations

According to JMK Research, in Q1-Q3 2023, India added 8.5 GW of solar capacity, including 5.06 GW utility-scale, 3 GW rooftop, and 0.4 GW off-grid. Notably, there’s a 25% decrease in overall solar installations from the previous year, driven by an 84% decline in utility-scale solar, to 5.06 GW in 2023. In contrast, rooftop solar…