Solar capability installations within the nation jumped by a file 210 per cent to 10 gigawatts throughout 2021, Mercom Communications India mentioned in a report on Thursday.
The inexperienced capability installations reached a stage of three.2 gigawatts (GW) in 2020, the analysis agency mentioned in its ‘Indian Solar Sector Market Leaders’ report.
“In CY 2021, India saw a record 10 GW of new solar capacity installed, a big jump of 210 per cent compared to 3.2 GW the year before. The newly installed solar capacity in 2021 reached a record high, making up 62 per cent of the total power capacity additions in 2021,” it mentioned.
According to the report, utility-scale initiatives accounted for 83 per cent of the entire installations and the highest ten builders of such initiatives accounted for 68 per cent of the entire put in initiatives within the calender 12 months 2021.
ReNew Power was the highest utility-scale photo voltaic developer which commissioned the utmost initiatives in the course of the 12 months, adopted by Adani Green.
In 2021, 1.7 GW of rooftop photo voltaic capability was added. Tata Power Solar led the record of rooftop photo voltaic installers, accounting for 20 per cent of the entire installations within the phase.
“Companies offering solar Engineering, Procurement and Construction (EPC) services saw a significant number of projects moving to 2021 from the previous year. Sterling & Wilson topped the list of EPC providers during the year, closely followed by Siemens Gamesa and Tata Power Solar,” the report mentioned.
Sungrow was the highest photo voltaic inverter provider in 2021, whereas Arctech Solar was the highest provider of photo voltaic trackers in the course of the 12 months.
Solar imports in 2021 noticed an enormous improve of 641 per cent year-on-year. LONGi Solar was the main module provider to India for the second consecutive 12 months.
Open entry photo voltaic installations grew 222 per cent in 2021 in comparison with the earlier 12 months, making it the second-best 12 months on file, it mentioned.
Mercom Communications India, a subsidiary of the US-based Mercom Capital Group, is a clear vitality analysis and communications agency offering experience in Indian cleantech markets.
Source: www.financialexpress.com”