Daily News Wrap-Up: India Added 1.2 GW Wind Capacity in Q1 2024
RECPDCL invites bids to acquire 200 MW of solar, wind, or hybrid projects
May 10, 2024
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India added 1.2 GW of new wind energy capacity in the first quarter (Q1) of 2024, a 56% YoY surge from 737.9 MW, according to Mercom India Research. The cumulative wind capacity as of March 2024 stood at 45.9 GW, compared to 44.7 GW at the end of Q4 2023. The growing need to increase renewable energy generation and capacity utilization factor (CUF) has spurred an increase in wind-solar hybrid projects nationwide, driving capacity additions.