India's solar capacity rose to 251% with 4,578 MW installations in 1H

02 Sep 2021 CW Team

According to a report, in the second quarter (Q2) of 2021, India added 2,488 MW solar capacity increasing 10% quarter-on-quarter (QoQ), as compared to 2,090 installations in Q1 2021.

Solar capacity installations grew by 1,114% year-on-year (YoY), as compared to 205 MW installations in Q2 2020, which was affected due to the Covid-19 pandemic. The capacity installations were highest in Q2 2021 since Q2 2018.

As per the report, the cumulative solar capacity installations in Q2 2021 reached 43.6 GW.

During the first half (QH) of 2021, India's solar capacity installations were 4,578 MW, which was 251% higher than the same period last year.

The report suggests that the installations were higher despite the second wave of the Covid-19 pandemic and state lockdown in 1H. The solar growth was attributed to the targeted state lockdowns in 2021 to help the solar sector deal better with emergencies.

The average selling price of the solar modules have increased for the fifth quarter, and it will continue for the next couple of quarters, the report said.

The large-scale solar pipeline development reached 52.8 GW, with 28 GW solar projects yet to be tendered and auctioned by the end of Q2 2021.

Gujarat and Rajasthan were among the top two states to install solar power, followed by Uttar Pradesh and Andhra Pradesh. The top states to install solar capacity hold 95% of the total installations during the quarter.

The report also says that the capacity installations in 1H 2021 were the highest at 53% of the total power capacity installation. Renewable energy included solar power, wind power, and hydropower, making 71% of the overall capacity additions in 1H 2021.

Image Source

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

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..