Page 2 - Solar Capacity

India adds 3.2 GW solar capacity in 2020; lowest in 5 years: Report

India added 3,239 megawatt (MW) solar capacity in 2020, down 56 per cent from the previous year, according to a report. The adding of 3,239 MW of solar capacity was the lowest addition in five-years-time, Mercom India Research said in its report on Tuesday. "India added 3.2 GW or 3,239 MW of solar capacity in 2020, a 56 per cent decline year-over-year (YoY) compared to 7,346 MW installed in 2019," it said adding the country's total solar installed capacity was at 39 GW gigawatt (GW) as of December 2020. The large-scale solar projects accounted for 78 per cent of installations with 2,520 MW, registering a 60 per cent year-on-year (y-o-y) decline. The addition of the remaining 719 MW rooftop installations was also down 22 per cent compared to the installation in 2019. Andhra Pradesh, Rajasthan, and Gujarat were the top three states for large-scale solar capacity additions, representing around 51 per cent of 2020 installations. "India's solar installations in 2020 were the lowest in

India's solar capacity addition down 12% to 7,346 MW in 2019: Report

India's solar energy capacity addition dipped 12 per cent to 7,346 megawatts (MW) in the calender year 2019 from 8,338 MW in 2018, according to a report by Mercom India Research. While 2019 was a lost year for the country's solar sector, Mercom India Research expects solar installations to rise by 17 per cent year-on-year (y-o-y) to about 8,500 MW by the end of 2020. "The country installed 7,346 MW of solar in 2019, a 12 per cent decline year-over-year (YoY), compared to 8,338 MW installed in 2018," according to the report titled 'Q4 & Annual 2019 India Solar Market Update'. It also estimates solar installations in the range of 65-70 gigawatt (GW) by 2022, based on the current market conditions. The government has set a solar installation target of 100 GW by 2022. The large-scale solar projects accounted for 85 per cent of installations with 6,242 MW in 2019 and saw a 7 per cent y-o-y fall, and rooftop solar made up the remaining 15 per cent adding 1,104 MW, a 33 per cent drop ...

No customs duty on imported solar cells and modules, says ministry

There is already safeguard duty of 15 per cent levied on the imported solar cells and modules

Tepid sentiment among developers to weigh on solar power capacity: Report

CRISIL expects solar capacity addition at 48-50 Gw from FY19 to FY23

Jan-Mar 2018 best quarter for Indian solar market, installations hit record

This is the first quarter with over 3 Gw capacity installed in the Indian solar market and the fifth quarter in a row where at least 2 Gw of solar was installed

Vivek Sharma: How to ramp up solar capacity to 100 Gw

Clearly, we need to add 15 Gw in each of the next six years - or five times the three Gw added last year, which was the highest ever