Non-hydro RE capacity addition grew by 61 per cent in Q1

08 Aug 2022 CW Team

New capacity addition of non-hydro renewable energy increased to 4.2 gigawatts (GW) during the first quarter of FY23 compared to 2.6 GW installed in the same period in FY22, according to a recent report by the CEEW Centre for Energy Finance. This was nearly a 61 per cent jump in new renewable energy (RE) capacity addition on a year-on-year basis.

“The sharp increase in capacity generation could be attributed to heightened investor interest in the sector and low base in the corresponding quarter when capacity installations took a hit due to the Covid-induced lockdowns,” the report said.

It added that overall, RE accounted for 98 per cent of the total 4.3 GW electricity generation capacity added during the quarter.

Within RE, solar energy dominated, representing 89 per cent of the total 4.2 GW of RE added. Wind energy capacity additions continued to lag at 430 MW.

In terms of capacity auctioned, a significant 48 per cent of the 3.15 GW of RE auctioned in the quarter comprised innovative procurement formats such as hybrid RE and floating solar.

“Continued low share of wind capacity addition is a matter of concern as India’s power sector transition cannot be based on solar alone,” said Gagan Sidhu, director, CEEW-CEF.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..