Renewable energy capacity addition increased 80 per cent to three.4 gigawatts (GW) during the December 2021 quarter compared to a year ago, consistent with CEEW-CEF. New capacity addition of non-hydro renewable energy increased to three.4 GW during the third quarter of FY22, compared to merely 1.9 GW installed within the same period last year (October-December 2020), per the newest edition of the CEEW Centre for Energy Finance (CEEW-CEF) Market Handbook, per a press release.
This is nearly an 80 per cent jump in new renewable energy (RE) capacity addition on a year-on-year basis.
However, it stated that compared to the preceding quarter (July-September), new non-hydro RE capacity additions fell 27 per cent on account of intensifying supply chain constraints.
