India’s Solar Energy Expansion Lags Behind China’s Remarkable Growth
The solar energy landscape has undergone a significant transformation over the past six years, particularly in the context of India and China. Prior to the COVID-19 pandemic, India appeared to be closing the gap with China in the pursuit of solar power dominance. However, the post-pandemic period has witnessed a marked shift in this trajectory, with India experiencing a deceleration in solar capacity additions while China has seen an unprecedented surge.
In 2018, the disparity between solar energy capacity additions by India and China was relatively narrow. Specifically, India managed to add 7 gigawatts (Gw) of solar capacity, while China led with an addition of 24 Gw, resulting in a mere 17 Gw difference. Fast forward to the previous year, the gap expanded dramatically, with China adding over 200 Gw compared to India’s 7.5 Gw. This represented a staggering 30-fold increase in China’s favor and a concerning 44 percent year-on-year decline in India’s solar capacity growth.
According to data released by the Centre for Research, China’s momentum continues unabated, with the nation adding over 100 Gw of solar capacity in the first half of 2024. This rapid expansion underscores China’s commitment to scaling its renewable energy infrastructure, further distancing itself from India in the solar energy race.
In conclusion, the transformation in the solar energy sector has starkly illustrated the shifting dynamics between India and China. It emphasizes the need for India to reassess and accelerate its solar initiatives to remain competitive in the global renewable energy arena.
Post Comment