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India’s solar capacity installations jump by record 210% to 10 GW in 2021: Mercom

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  • According to the report, utility-scale projects accounted for 83 percent of the total installations 
  • ReNew Power was the top utility-scale solar developer which commissioned the maximum projects during the year, followed by Adani Green 

New Delhi: Solar capacity installations in the country jumped by a record 210 percent to 10 GW during 2021, Mercom Communications India said in a report on Thursday. The green capacity installations reached a level of 3.2 GW in 2020, the research firm said in its ‘Indian Solar Sector Market Leaders’ report. 

“In CY 2021, India saw a record 10 GW of new solar capacity installed, a big jump of 210 percent compared to 3.2 GW the year before. The newly installed solar capacity in 2021 reached a record high, making up 62 percent of the total power capacity additions in 2021,” it said. 

Solar capacity installation: Utility-scale projects form 83% of total figure 

According to the report, utility-scale projects accounted for 83 percent of the total installations and the top 10 developers of such projects accounted for 68 percent of the total installed projects in the calender year 2021. 

ReNew Power was the top utility-scale solar developer which commissioned the maximum projects during the year, followed by Adani Green. 

In 2021, 1.7 GW of rooftop solar capacity was added. Tata Power Solar led the list of rooftop solar installers, accounting for 20 percent of the total installations in the segment. 

“Companies offering solar Engineering, Procurement and Construction (EPC) services saw a significant number of projects moving to 2021 from the previous year. Sterling & Wilson topped the list of EPC providers during the year, closely followed by Siemens Gamesa and Tata Power Solar,” the report said. 

Sungrow was the top solar inverter supplier in 2021, while Arctech Solar was the top supplier of solar trackers during the year. 

Solar imports increase by 641% y-o-y in 2021 

Solar imports in 2021 saw a massive increase of 641 percent year-on-year. LONGi Solar was the leading module supplier to India for the second consecutive year. 

Open access solar installations grew 222 percent in 2021 compared to the previous year, making it the second-best year on record, it said. 

Mercom Communications India, a subsidiary of the US-based Mercom Capital Group, is a clean energy research and communications firm providing expertise in Indian cleantech markets.

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