Guest Contributor: Ginni Banga

IEEFA/JMK India: New restrictions on banking of power risk curbing renewable energy growth

Surplus solar or wind power in peak generation periods will be wasted unless there are provisions to deposit and withdraw

21 December 2021 (IEEFA/JMK Research India): New restrictions on banking of power will inhibit the growth of the rooftop and open-access solar market, and potentially slow progress towards India’s national target of 450 gigawatts (GW) of installed renewable capacity by 2030, according to a new briefing note by the Institute for Energy Economics and Financial Analysis […]