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Projects: India installed 1.2Gw of open access solar capacity in CY2021

Fiinews by Fiinews
March 21, 2022
in Projects
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Marcom says 298 MW of solar open access was added in Q4 2021

India installed 1.2 gigawatts (GW) of open access solar capacity in calendar year 2021, a 222% growth from the 383 MW installed in 2020, according to Mercom India Research’s report.

The cumulative installed solar capacity in the open access market was over 5 GW as of December 2021, said the report, widely published by Indian media on 18 Mar 2021.

It said 298 MW of solar open access was added in Q4 2021, a 75% increase year-over-year.

Karnataka continues to be the top state for open access solar as of Dec 2021, accounting for 38% of the country’s cumulative installations.

Trading renewable energy through the newly introduced green day-ahead market saw a 4.8% increase in volume between November and December 2021, according to the report. fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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