India continues GW-scale photovoltaic project build-outs

June 19, 2020
Owning the Energy Transition More...
by Benjamin Torda
Average importance

The Uttar Pradesh state government approved a 2 GW solar plant, to be developed by a 74:26 joint venture between hydropower company THDC India and the Uttar Pradesh New and Renewable Energy Development Agency. By developing large PV plants in one go, with a state government or distribution company building a grid connection and securing land, developers are shielded from procurement risks and related delays. India already has nine of these plants, with 6.7 GW operational, 3 GW partially so, and 5 GW under development. We expect India to accelerate its energy transition after the global pandemic, with utility-scale solar a major pillar of its future energy mix.

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