India added 4.6 GW of solar in the January-December period of the year 2020. Chinese manufacturers maintained the lead in module and inverter shipments. Longi Solar captured the lion’s share of module sales. Sungrow led the inverter supplies for utility-scale installations and Goodwe for rooftops.
The Ministry of Micro, Small & Medium Enterprises is working with the World Bank to bring in a credit guarantee mechanism to make financing accessible to unrated MSMEs for implementing rooftop solar projects.
The nation installed a cumulative solar capacity of 41,689 MW as of December 31, 2020, with 1298 MW added in the October-December period. Going forward, capacity addition in the current year’s first quarter could exceed 2 GW.
Today, the State has 5042 MW of renewable energy capacity, a ten-fold increase from 491 MW in 2012.
With large projects contributing 78% of the new capacity, the nation installed less than half the 7.3 GW added in 2019 and recorded its poorest figures in five years, according to a Mercom India report.
Bidders have until April 23 to lodge their interest to set up 990 small-size grid-connected rooftop solar plants in turnkey mode. The plants—in sizes of 10 kWp each—shall come up across the State.
The nation is going to make great strides in new utility-scale solar installation this year after adding just about 2.6 GW in 2020.
The new solar capacity addition during the third quarter of FY 2020-21 was way above 928 MW installed in the previous quarter (July-September).
A net feed-in tariff could offer a solution for consumers, developers, and distribution companies.
Solar power developers are invited to install an aggregate 40 MW of grid-connected rooftop solar capacity upon different government departments and private institutions’ buildings. Bidding closes on February 17.
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