India reached 25 GW of solar capacity installed
Beitragsdatum: 18.09.2018 - 18:09
India recently marked 25 GW of installed solar photovoltaic capacity. According to Mercom India Research, in the past seven months over 5 GW of solar PV capacity has been installed in the country, including both large-scale and rooftop solar. Utility-scale solar PV projects in India account for over 22.5 GW and rooftop solar projects account for over 2.4 GW of installed capacity. Karnataka is the top solar state of India followed by Telangana, Andhra Pradesh, and Rajasthan, says the consultancy.
»India achieving 25 percent of its installation target is significant. However, achieving the remaining 75 GW of the target by 2022 looks daunting and will require a huge push to make this happen,« said Raj Prabhu, CEO of Mercom Capital Group.
In January 2018, Mercom reported that India had achieved 20 GW in cumulative solar installations, meeting the original target set for 2022. Today, that target stands at 100 GW by 2022. In the first half of calendar year 2018, India installed 4,943 MW of solar.
Mercom India Research forecasts solar installations of approximately 8.3 GW in 2018. Installation rates are forecasted to decline in the second half due to lack of a strong project pipeline.