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

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..