From pv journal India
India will add 2.5 GW of open entry photo voltaic capability in 2022, 92% from the 1.3 GW put in in 2021. This represents a brand new annual report for installations, in keeping with Mercom India’s newest report.
The nation has reached 7.7 GW of cumulative put in open-access photo voltaic capability by December 31, 2022. Karnataka stays the main state, accounting for practically 36% of the cumulative open-access photo voltaic capability. It’s adopted by Maharashtra, which has greater than 12% of the entire installations within the nation.
“Installations have reached a excessive level in 2022 as a result of numerous organizations and builders are in a rush to finish initiatives earlier than the essential customs obligation (BCD) and Accredited Record of Fashions and Fashions Producers (ALMM) rules are being applied,” stated Mercom India. “The fee of initiatives delayed in the course of the COVID-19 pandemic can also be added to the entire.”
Karnataka will add essentially the most open entry photo voltaic capability by 2022, adopted by Maharashtra and Tamil Nadu. The highest 5 states collectively accounted for 77% of all installations for the yr.
Additions within the fourth quarter reached 293 MW, down practically 10% year-on-year. Karnataka accounted for greater than 32% of all capability additions in the course of the October-December interval. The nation’s fourth-quarter undertaking pipeline reached 6.6 GW.
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