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India Adds 10 GW Solar Capacity in 2022: Report

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According to Mercom Communications India, the country’s solar capacity increased by an unprecedented 210% to 10 gigawatts in 2021.

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According to the report ‘Indian Solar Sector Market Leaders’, green capacity installations reached 3.2 gigawatts (GW), according to the research firm.

India had a record 10 GW solar capacity added in CY 2021. This is a huge jump of 210 percent compared to 3.2 GW last year. It stated that the newly installed solar capacity in 2021 was a record and accounted for 62 percent of total power capacity increases in 2021.

The report states that utility-scale projects made up 83% of all total installations, while the top ten developers were responsible for 68% of total projects installed in the calendar year 2021.

Renew Power was the most prominent utility-scale solar developer, and Adani Green was second.

Rooftop solar capacity increased by 1.7 GW in 2021. Tata Power Solar was the top rooftop solar installer, accounting for 20% of all the installations.

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According to the report, “Companies that offer solar engineering, procurement and construction (EPC) services saw an increase in projects moving forward to 2021 compared with the previous year.” According to the report, Sterling & Wilson topped EPC providers in the year, closely followed closely by Siemens Gamesa and Tata Power Solar.

Sungrow was the largest supplier of solar inverters in 2021, while Arctech Solar remained the top supplier for solar trackers in the year.

In 2021, solar imports saw an incredible 641 percent increase year-on-year. LONGi Solar was India’s top module supplier for the second year in a row.

It said that the number of open access solar installations rose by 222 percent in 2021, compared to the previous years. This made it the second best year ever.

Mercom Communications India is a subsidiary US-based Mercom Capital Group.

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