India adds record 3.6GW solar open access in Jan-June period: Report


New Delhi, Sep 5 (IANS): The country added 3.6 gigawatts (GW) of solar open access capacity in the first half of this year, a massive 153 per cent increase compared to the 1.4 GW installed in the same period last year, a report showed on Thursday.

The capacity added in the first half of 2024 surpassed the total annual installations of all prior years, according to the report by Mercom India.

In the second quarter (Q2) of 2024, India added nearly 1.8 GW of solar open access capacity. Installations in Q2 were up 152 per cent (year-over-year) compared to 712.8 megawatts (MW) in Q2 2023.

Adani Green was the leading seller in the Green Day-Ahead Market (G-DAM), accounting for more than 29 per cent of electricity sold. As of June, the pipeline of solar open access projects was almost 23 GW.

"The demand for open access solar from industries and commercial units has been consistently increasing. Challenges in transmission infrastructure availability, supply chain issues due to ALMM, and lack of uniformity in state regulations are holding back the open access market from exponential growth.

Developers are increasing the share of wind-solar hybrid power projects to utilise the existing evacuation infrastructure, and more states are now issuing the green energy open access regulations," said Priya Sanjay, Managing Director at Mercom India.

Developers are increasing the share of wind-solar hybrid power projects to utilise the existing evacuation infrastructure, and more states are now issuing the green energy open access regulations, Sanjay added.

In Q2 2024, Karnataka led solar open access capacity additions, accounting for over 40 per cent of installations. The top five states accounted for over 85 per cent of installations in Q2 2024, said the report.

Maharashtra and Tamil Nadu ranked second and third, accounting for almost 14 per cent and 11 per cent of cumulative installations in 1H 2024.

Cumulative installed solar open access capacity stood at 16.3 GW (as of June), said the report.

 

  

Top Stories


Leave a Comment

Title: India adds record 3.6GW solar open access in Jan-June period: Report



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.