Solar open entry set up rises almost two folds to 307 MW in Oct-Dec: Report

Solar open entry installations in India jumped 85 per cent to 307 megawatt (MW) in October-December interval of 2021, Mercom India Research mentioned in a report. The installations stood at 166 MW throughout the identical quarter in 2020, the analysis agency mentioned in its report titled “India Solar Open Access Market Report Q3 2021” on Tuesday.
According to the report, the nation put in 935 MW of open entry photo voltaic capability throughout April-December 2021, registering an increase of 143 per cent in comparison with 385 MW put in throughout the identical nine- month interval of 2020.
The pipeline of photo voltaic open entry tasks below growth and pre-construction is estimated to be over 1.1 GW (gigawatt), the report added.
It has additionally expanded protection to incorporate two new markets, Uttarakhand and Punjab. Uttar Pradesh had probably the most installations, constituting about 35 per cent of the tasks put in in the course of the quarter.

Maharashtra, Gujarat and Karnataka accounted for 11 per cent, 10 per cent, and seven per cent of the installations, respectively in the course of the quarter.
“The energy disaster triggered by the depleting coal shares in thermal energy crops in Q3 2021 was a significant wake-up name for the C&I (industrial and industrial) section to go for different sources of energy procurement.
“Several states experienced power cuts to varying degrees, during which solar open access was the most attractive option due to the lower cost and green power,” Mercom India Research mentioned. As of September 2021, the cumulative put in photo voltaic capability within the open entry market was 4.8 GW.
Mercom Communications India, a subsidiary of US-based Mercom Capital Group, is a clear power analysis and communications agency headquartered in Bengaluru.