India Could Add 13 GW of Solar In FY2022

As per the JMK Annual India Solar Report Card FY2021, for next year i.e. FY2022, about 10 GW of new utility-scale solar projects and 3.2 GW of rooftop/ onsite solar projects are expected to be commissioned.

As of March 31, 2021, about 36 GW of utility-scale solar capacity has been commissioned in India, while another 45 GW is under pipeline.

Karnataka has added a maximum solar capacity of 7.5 GW followed by Rajasthan (5.6 GW) and Andhra Pradesh (4.1 GW).

As per the JMK’s report, about 3.7 GW of utility-scale solar capacity and another 2.5 GW of rooftop solar capacity were added in India in the year 2021. Adani, Avaada, and Azure were the top three developers where as Tata Power, Sterling & Wilson, and Vikram Solar were the top three EPC contractors for utility-scale solar projects in India in FY2021.

In the rooptop sector, Amplus, Fourth Partner, and Cleantech Solar were the leading developers and Tata Power Solar, Mahindra Susten, and Solar square were the top three EPC contractors in FY2021.

Majority of shipments of modules and inverters were highest in Q1 of 2021, about 52% of the module shipments are of monocrystalline modules while the balance 48% of multi-crystalline modules. Longi, Jinko and Adani were the top three module suppliers in India in FY2021.

Sungrow, Kehua, and Sineng were the leading central inverter suppliers while Huawei, Sungrow, and Solis were the leading string inverter suppliers in India says the JMK’s report.