India’s solar output grows at slowest pace in six years in first half of 2024

SINGAPORE: India’s solar power generation grew at the slowest pace in six years in the first half of 2024, an analysis of data from the federal grid regulator showed, as the country further stepped up reliance on coal to address surging power demand.

Electricity generated from coal grew 10.4 per cent during six months ended June 30, a review of daily load despatch data from Grid-India showed, outpacing overall power generation growth of 9.7 per cent during the period.

Solar power generation in the third-largest producer of electricity from the sun rose to 63.6 billion kilowatt-hours (kWh) in the first half of 2024, the data showed, up 14.7 per cent compared with the same period last year and 18.5 per cent in the calendar year 2023.

The world’s fastest growing major economy has prioritised coal to address a surge in power demand in recent years, with coal-fired power output last year outpacing renewable energy output for the first time since the Paris accord in 2015.