India installed 1.2GW of open-access solar in 2021

Share

India installed 1.2GW of open-access solar (private-contract backed solar) in 2021, a 213% growth from 383MW added in 2020, according to Mercom India Solar Open Access Market Report Q4 & Annual 2021.

Most of this capacity was installed in Uttar Pradesh, followed by Tamil Nadu and Maharashtra.

The nation surpassed a cumulative 5GW of open-access solar as of December 2021. Karnataka continues to lead with 38% of the country’s cumulative open access solar installations.

The development pipeline for open-access solar projects stood at 1.5GW as of December, with three states (Karnataka, Haryana, and Uttar Pradesh) accounting for 75% of the capacity.

“Mitigating carbon footprint, reducing the cost of power, renewable power purchase obligations, and RE100 initiatives, the list of reasons for commercial and industrial consumers to go green is piling up. The demand for open access solar is growing, reflected in the robust pipeline of projects,” commented Priya Sanjay, managing director at Mercom India.

Q4 2021

Fourth quarterly open-access PV addition stood at 298MW, a 75% increase year-over-year (YoY). Uttar Pradesh led as it accounted for 38% of the total quarterly addition. “Robust policy and regulatory framework, including favorable banking policies, exemption of additional surcharges, the state’s willingness to allow group captive business models, access to useable land, and efficient power evacuation facilities, drove the open access segment in the state [Uttar Pradesh],” according to the analysts.

The second-highest capacity was installed in Maharashtra. The top five states accounted for about 90% of the total open access installations during Q4 2021.

Telangana recorded the maximum quarter-over-quarter (QoQ) growth of 329%, followed by Karnataka (102%) and Andhra Pradesh (88%).

 

 

 

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Waaree Energies approves investment in 300 MW electrolyzer, 3.5 GWh lithium-ion battery cell units
23 December 2024 Waaree Energies' board of directors has approved investment in setting up a 300 MW electrolyzer manufacturing plant and a 3.5 GWh Lithium-ion battery...