Wednesday, 15 March 2023 13:43

Solar open access installations up 92 per cent with 2.5 GW in 2022

Written by
Rate this item
(0 votes)

India will add 2.5 gigawatts (GW) of solar open access in 2022, a 92% increase compared to the 1.3 GW installed in 2021. Mercom Research's report titled "Mercom India Solar Open Access Market Report Q4 and Annual 2022" states that installations due to various organizations and developers under Basic Duty (BCD) and Approved Models and Manufacturers List (ALMM) regulations There is a rush to complete projects before the enactment, thus reaching an all-time high in 2022. The top five states contributed over 96% of all open access installations in Q4 2022, with Karnataka accounting for over 32% of new capacity additions. Karnataka maintains its lead with a cumulative installed solar open access capacity of 7.7 GW by December 2022, accounting for nearly 36% of cumulative capacity. Maharashtra followed with 12% of the total installations.

Read 698 times