India witnesses 10 GW of solar installations in CY 2021
POWER & RENEWABLE ENERGY

India witnesses 10 GW of solar installations in CY 2021

India installed 10 GW of solar capacity in the calendar year (CY) 2021. The installations marked a 210% year-on-year (YoY) growth, compared to 3.2 GW in CY 2020.

Large-scale solar projects accounted for 83% of renewable energy installations during the year, with a 230% YoY growth at 8.3 GW.

According to India Solar Market Leaderboard 2022, in CY 2021, ReNew Power was the largest utility-scale developer in terms of installations. It acquired 260 MW solar projects in Telangana and installed 250 MW interstate transmission system (ISTS) solar projects in Jaisalmer, Rajasthan. The company was listed on the Nasdaq in 2021 after completing RMG Acquisition Corporation II, a special purpose acquisition company (SPAC).

Adani Green positioned second in terms of installed capacity in 2021, which included a 150 MW solar project in Kutch, Gujarat, commissioned three months ahead of schedule.

Adani's acquisition of SB Energy expanded its portfolio by 1,700 MW of operational and 3,554 MW of renewable energy projects under construction. Other acquisitions are solar projects of Essel Green Energy, Sterling & Wilson, SkyPower Global, and Hindustan Power.

Azure Power was in the third position. The company sold its non-core rooftop solar portfolio during CY 2021. OMERS Infrastructure acquired a 19.4% stake for $219 million from International Finance Corporation (IFC) and IFC GIF Investment Company.

Mahindra Susten and Tata Power Renewables rounded off the top five position.

These top five developers accounted for almost 50% of the total utility-scale solar installations during the period.

Adani Green Energy was the top utility-scale developer of operational and under-development capacities as of December 2021, followed by Azure Power and National Thermal Power Corporation (NTPC).

The top 10 utility-scale solar developers accounted for 68% of the total installations. In the first half (H1) of CY 2021, Adani Solar, Avaada Energy, and Azure Power were the top utility-scale solar project developers.

Image Source

Also read: India's solar installations in 2021 surpass a record 10 GW

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

India installed 10 GW of solar capacity in the calendar year (CY) 2021. The installations marked a 210% year-on-year (YoY) growth, compared to 3.2 GW in CY 2020. Large-scale solar projects accounted for 83% of renewable energy installations during the year, with a 230% YoY growth at 8.3 GW. According to India Solar Market Leaderboard 2022, in CY 2021, ReNew Power was the largest utility-scale developer in terms of installations. It acquired 260 MW solar projects in Telangana and installed 250 MW interstate transmission system (ISTS) solar projects in Jaisalmer, Rajasthan. The company was listed on the Nasdaq in 2021 after completing RMG Acquisition Corporation II, a special purpose acquisition company (SPAC). Adani Green positioned second in terms of installed capacity in 2021, which included a 150 MW solar project in Kutch, Gujarat, commissioned three months ahead of schedule. Adani's acquisition of SB Energy expanded its portfolio by 1,700 MW of operational and 3,554 MW of renewable energy projects under construction. Other acquisitions are solar projects of Essel Green Energy, Sterling & Wilson, SkyPower Global, and Hindustan Power. Azure Power was in the third position. The company sold its non-core rooftop solar portfolio during CY 2021. OMERS Infrastructure acquired a 19.4% stake for $219 million from International Finance Corporation (IFC) and IFC GIF Investment Company. Mahindra Susten and Tata Power Renewables rounded off the top five position. These top five developers accounted for almost 50% of the total utility-scale solar installations during the period. Adani Green Energy was the top utility-scale developer of operational and under-development capacities as of December 2021, followed by Azure Power and National Thermal Power Corporation (NTPC). The top 10 utility-scale solar developers accounted for 68% of the total installations. In the first half (H1) of CY 2021, Adani Solar, Avaada Energy, and Azure Power were the top utility-scale solar project developers. Image Source Also read: India's solar installations in 2021 surpass a record 10 GW

Next Story
Infrastructure Urban

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Next Story
Infrastructure Urban

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Next Story
Infrastructure Transport

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement