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July 17, 2020

Solar sector to reap benefits as solar irradiance improves due to Covid-19 lockdown

By GlobalData Energy

With the lockdowns being implemented during April, the Indian electricity load patterns shifted significantly. According to the Central Electricity Authority (CEA), in comparison to 2019, the generation from the solar sector increased during March, April and May 2020. Such large leaps from renewable energy were seen because of the pollution-free environment and good micro-climatic conditions during the lockdown, observes GlobalData, a leading data and analytics company.

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Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

A drop in demand led to generators shifting focus to the cost-effective renewables. According to CEA, the generation from renewable sources increased by 14.8% in March and 7.6% in April compared to the same time last year. Compared to 2019, this year, the generation in the solar sector saw a change of approximately 130%, 128% and 118% in March, April and May respectively. It is expected that solar generation figures would be greatly boosted this year.

According to GlobalData, in 2019 solar PV generation was 46.7 TWh. This represented approximately 3.0% of the total electricity generation mix. The availability of the pollution-free clear skies and increased solar irradiance is likely to improve the solar generation by approximately 25% this year.

Solar PVs play a major role in the shift to the cleaner electricity mix. To increase distributed solar generation, more rooftop solar PVs can be adopted in residential, commercial, institutional and industrial establishments. This would allow them to not only fulfil their electricity needs but also provide an opportunity to develop the electric vehicle charging infrastructure. All this, in turn, would have a greater impact on the green energy transition.

Countries such as the US and the UK are transitioning to green energy generation from traditional generation methods. With regards to the current Indian electricity mix, coal forms a major chunk of the total electricity generation basket, where in 2019 it formed 75.5% of the total generation. To adhere to the Paris Agreement, India would need to phase out coal-based electricity generation by 2040. To achieve this, it would need to reduce the percentage of coal-based generation in the electricity mix by at least 3%-4% every year and increase the share of sustainable sources in the generation mix.

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Free Report
img

Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

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