Wind Assets’ Performance On A Gloomy Turn, Solar Sparkles: CareEdge Analysis

Wind Assets’ Performance On A Gloomy Turn, Solar Sparkles: CareEdge Analysis

Wind mills are seen during a sunset. (Photo: Anna-Jimenez/ Unsplash)

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CareEdge Research Report

In this report, we have analysed the generation performance of its monitored operating portfolio comprising 8.4 gigawatt wind assets and 14.5 GW solar assets, which is reflective of the country’s overall operative renewable energy portfolio.

The actual plant load factor for FY20, FY21 and FY22 from these assets have been compared with the designed estimate of the respective assets.

The generation performance of wind assets has witnessed a significant decline over FY20-FY22, in contrast to the steady performance put up by solar assets.

In FY22, 6.9-GW (82%) of the monitored wind assets reported underperformance vis-a-vis the designed estimates while the corresponding figure was 7.0 GW (49%) of the monitored solar assets portfolio.

Further over the three-year period, ~53% of the 8.4 GW wind assets could not achieve the designed estimates as against only ~31% of solar assets (out of 8.3 GW assets operating for all the three years).

Click on the attachment to read the full report:

CareEdge Wind Assets Performance On A Gloomy Turn Solar Sparkles.pdf
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DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

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