‘Lockdowns slowed green energy push’
The Hindu
Increased capacity could have met demand surge after economic reopening, says IEEFA report
The lockdowns slowed renewable energy installations in the country and the pace of such installation is lagging India’s 2022 target, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA).
As part of its comittment to reducing greenhouse gas emissions, India has said that it would install 175 gigawatts (GW) of green energy by 2022 and 450GW by 2030 but only 7 GW of such capacity was added in FY 2020/21, said Vibhuti Garg, report author and energy economist.
A gigawatt is 1,000 megawatts.
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