Solar installations in India reach 40 GW milestone
POWER & RENEWABLE ENERGY

Solar installations in India reach 40 GW milestone

India’s cumulative solar installations have reached the 40 GW milestone as of February 2021, with the country’s total installations comprising 34.9 GW of utility-scale solar installations and 5.1 GW of rooftop solar installations, according to Mercom India Research.

Currently, India has a target of 100 GW solar installations by 2022 under the National Solar Mission. The country crossed the 20 GW milestone in January 2018. The National Solar Mission’s original target was 20 GW by 2022 but was revised to 100 GW by 2022. In May 2019, India marked the 30 GW milestone.

Installations slowed down in 2020 due to the Covid-19 pandemic. Construction activity for ongoing projects came to a halt, and the solar supply chain took a hit. Prior to the pandemic and the subsequent nationwide lockdown on 23 March 2020, solar installations were around 37 GW.

Government agencies, however, floated about 32 GW of tenders in the calendar year (CY) 2020, a 7% decline compared to 35 GW in 2020.

Mercom’s Q4 2020 and Annual India Solar Market Update also showed that India installed 3,239 MW of solar capacity in the CY 2020, a 56% decline compared to 7,346 MW in 2019.

However, rooftop solar capacity additions slowed down to just 719 MW during CY 2020. The segment also grapples with the government’s net metering policy, which allows only for loads up to 10 kW.

Considering that several projects scheduled for 2020 were moved to 2021, Mercom India Research now expects the country to add about 10 GW of solar capacity in 2021.

Solar power also recently hit another significant milestone this year as the share of solar power in India’s installed power capacity mix reached 10.3%, exceeding that of wind-based power sources for the first time, according to Mercom’s data. The share of installed wind capacity stood at 10.25%.

Image Source


Also read: India's solar capacity addition at five-year lowest

Also read: Total solar capacity surpasses wind capacity in India

India’s cumulative solar installations have reached the 40 GW milestone as of February 2021, with the country’s total installations comprising 34.9 GW of utility-scale solar installations and 5.1 GW of rooftop solar installations, according to Mercom India Research. Currently, India has a target of 100 GW solar installations by 2022 under the National Solar Mission. The country crossed the 20 GW milestone in January 2018. The National Solar Mission’s original target was 20 GW by 2022 but was revised to 100 GW by 2022. In May 2019, India marked the 30 GW milestone. Installations slowed down in 2020 due to the Covid-19 pandemic. Construction activity for ongoing projects came to a halt, and the solar supply chain took a hit. Prior to the pandemic and the subsequent nationwide lockdown on 23 March 2020, solar installations were around 37 GW. Government agencies, however, floated about 32 GW of tenders in the calendar year (CY) 2020, a 7% decline compared to 35 GW in 2020. Mercom’s Q4 2020 and Annual India Solar Market Update also showed that India installed 3,239 MW of solar capacity in the CY 2020, a 56% decline compared to 7,346 MW in 2019. However, rooftop solar capacity additions slowed down to just 719 MW during CY 2020. The segment also grapples with the government’s net metering policy, which allows only for loads up to 10 kW. Considering that several projects scheduled for 2020 were moved to 2021, Mercom India Research now expects the country to add about 10 GW of solar capacity in 2021. Solar power also recently hit another significant milestone this year as the share of solar power in India’s installed power capacity mix reached 10.3%, exceeding that of wind-based power sources for the first time, according to Mercom’s data. The share of installed wind capacity stood at 10.25%. Image Source Also read: India's solar capacity addition at five-year lowest Also read: Total solar capacity surpasses wind capacity in India

Next Story
Infrastructure Urban

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's  fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building  (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous  Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in  Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant  advancement in the company's commitment to engineered performance, manu..

Next Story
Infrastructure Urban

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Next Story
Infrastructure Urban

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App