From pv journal India
India reached 67.6 GW of cumulative put in photo voltaic capability by the tip of December 2022, with 15.04 GW of latest PV capability added in 2022. A key constructive for 2022 is the open market to entry, including 3.4 GW of latest capability, based on Bridge To India’s newest report.
Adani accounted for India’s largest share of 15 GW of photo voltaic installations final 12 months, with 1.75 GW of capability additions, adopted by NTPC with 1.61 GW and Avaada with 1.38 GW, mentioned Bridge To India. .
Bridge To India mentioned the common photo voltaic tariff by 2022 has elevated 11% to INR 2.66 ($0.032)/kWh, whereas the hybrid tariff has elevated by 15% yearly to INR 2.85/kWh. State-owned hydropower producer SJVN was the highest undertaking winner within the pure photo voltaic public sale, with a complete allotted capability of 1.09 GW, adopted by Fortum with 800 MW and Tata Energy with 650 MW.
Tata Energy led the solar-wind hybrid auctions by a big margin, with whole winnings of 1.31 GW, adopted by NTPC with 450 MW and ReNew with 300 MW.
As on December 31, 2022, India’s whole pipeline of initiatives allotted to builders and in numerous levels of improvement stood at 52.3 GW.
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