India adds 2,835 MW solar capacity in Q3, surged by 14%

16 Dec 2021 CW Team

India included 2,835 MW of solar capacity in the third quarter (Q3) of the calendar year (CY) 2021, surging by 14% as against 2,488 MW set up in Q2 2021.

The figures observed a tremendous 547% year-over-year (YoY) surge.

As per the report, in 9M 2021, India increased more than 7.4 GW of solar capacity, a surge of 335% as against 1.73 GW in 9M last year.

The cumulative set up capacity at the end of Q3 2021 reached 46.6 GW.

The figures received greater importance as installations increased despite several market challenges. Ongoing projects have been loaded by the increase in raw material costs and a sudden increase in freight charges in recent months.

Solar module costs have been spiraling for quite some time. As per the report, module costs have grown for the sixth consecutive quarter.

The quarter additionally witnessed the greatest QoQ increase in large-scale system prices by more than 10%, attributed to the surge in raw material and component costs.

Rajasthan remained the top state for the third consecutive quarter by adding 63% of the total large-scale solar installations in the nation. As of September 2021, the leading 10 states estimated approximately 96% of the nation's cumulative large-scale solar establishments.

According to the report, India added about 11.6 GW of power capacity in 9M 2021. Solar dominated capacity additions, estimated at 60%, followed by thermal power, which added 21%. Renewable energy (including large hydro) made up 79% of total power capacity additions in 9M 2021.

Image Source

Also read: India adds 2,488 MW solar capacity in Q2, rising 19% QoQ over Q1

Also read: India records 53% increase in rooftop solar installations in Q2 FY21

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..