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India’s solar report card for FY 2021-22 – Commercial

August 2, 2022
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India’s solar report card for FY 2021-22 – Commercial
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India put in 12.3 GW of photo voltaic within the 12 months ending March 31, 2022. The nation is anticipated so as to add a document 20 GW within the present fiscal yr.

August 1, 2022 Uma Gupta

From pv magazine India

India put in 12.3 GW of photo voltaic in monetary yr 20221-22. Of the brand new additions, 10.1 GW have been utility-scale and a couple of.2 GW rooftop (onsite), in response to JMK Analysis’s Annual India Photo voltaic Report Card FY 2022.

The analysts anticipate the nation to fee 20 GW (16.5 GW utility-scale and three.5 GW rooftop) of photo voltaic in FY 2022-23.

Main gamers

In FY 2021-22, total module gross sales throughout the utility-scale, rooftop/onsite, off-grid, and photo voltaic pumping segments reached 21,086 MW DC. Chinese language producers provided round 72% of the market demand. Longi Photo voltaic was the biggest module provider with a 23.4% share. It was adopted by Jinko (22.3%) and Trina (14.8%).

String inverter shipments reached 11.193 MW throughout FY 2022, with Sungrow (27.9%), Huawei (22.3%), and Solis (12.9%) topping the gross sales. Central inverter shipments stood at 8,683 MW AC, with Sineng securing the highest spot with a 38.4% market share. Sungrow (20%) ranked second and Fimer (19%) third.

Tata Energy Photo voltaic, Sterling and Wilson Renewable Power, and Mahindra Susten have been the highest three EPC contractors for utility-scale photo voltaic initiatives.

Tata Energy Photo voltaic Methods additionally topped in rooftop (onsite) PV installations, adopted by Fourth Companion Power and Amplus Photo voltaic.

See also  Nebraska's largest PV project is a community solar system

Avaada, ReNew Energy, and Fourth Companion Power have been the highest three builders that commissioned the utmost capability in open entry initiatives.

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