India ’s new renewable energy demand would rise by 50 % in 2019 to 15.8 GW , according to a report by consultancy firm Bridge to finance , after a year when investors discovered lower returns than expected and confusion over a tax policy hampered growth . The report said more than 30 developers were willing to start work on utility scale solar schemes . Apart from ground - based and wind turbines there could also be a rise in the number of floating solar projects and wind power schemes . India wanted 100 GW of renewable energy by 2022 .
India’s new renewable energy capacity would rise by 50% in 2019 to 15.8 GW, according to a report by consultancy firm Bridge to India, after a year when investors discovered lower returns than expected and confusion over a tax policy hampered growth. The report said more than 30 developers were expected to start work on utility scale solar schemes. Apart from ground-based and rooftop schemes there could also be a rise in the number of floating solar projects and wind power schemes. India wanted 100 GW of renewable energy by 2022.