The data indicates a slight decline in capacity from 1.81 thousand megawatts in 2013 to 1.73 thousand megawatts starting from 2014, continuing consistently through 2028. The year-on-year variation in percentage shows minor fluctuations, mostly stagnant, while the CAGR shows a slight negative trend at -0.0038% over the last five years. Analysis reveals the sector's stable nature, but the stagnant capacity suggests limited new projects or upgrades.
Future Trends to Watch
Emerging trends to monitor include advancements in energy storage technology, government policies promoting renewable energy, and potential investments in modernizing existing infrastructure. Additionally, exploring alternative renewable energy sources and innovations in grid management could influence future capacity trends.
