According to Mercom India Research’s report, “India Solar Open Access Market Report Q3 2021”, solar open access installations in India increased by 85% to 307 megawatts (MW) between July and September 2021, while it was 166 MW during the same quarter in 2020.
The cumulative installed solar power in the open-access market has reached 4.8 GW as of September 2021.
The research firm claimed in its report that the country has shown a 143% rise in open access solar power installation from January to September 2021 which accounts for 935 MW over the 385 MW capacity installed during the same period in 2020.
The pipeline of solar open access projects in progress or pre-construction is anticipated to be more than 1.1 GW.
The market of it has also been expanded to reach two new states, Punjab and Uttarakhand.
Uttar Pradesh has the greatest installations, accounting for almost 35% of all projects established during the quarter, followed by Maharashtra, Gujarat, and Karnataka which accounts for 11%, 10%, and 7% of total installations, respectively.
C&I (commercial and industrial) segment has been compelled to seek alternative energy sources, as power crises in the third quarter of 2021 due to decreased coal supplies in thermal power plants hit hard the country, said the report.
“Several states faced varying degrees of power outages, during which solar open access was the most appealing alternative due to cheaper costs and green electricity,” Mercom India Research put forward.