Data dive: Dark clouds hover over India’s solar story
Live MintRecent charges of bribery by a US government agency against the Adani Group and its leadership have cast an unexpected spotlight on the Solar Energy Corporation of India—until now a relatively unknown company run by the central government. Solar’s share of electricity generated from renewable sources has Widening gap Of the 66 GW of solar power capacity installed as of March 2023, SECI-commissioned projects accounted for 12.6 GW. As a recent article on CarbonCopy pointed out, domestic costs of solar power modules have risen as India has set up tariffs to prevent a flood of cheap Chinese imports. This has implications for the willingness of power distribution companies to sign power purchase agreements with solar developers, or power sale agreements with institutions such as SECI. Managing renewables like solar in the overall power grid is complex because they supply energy intermittently over the course of a day.