India Crosses 20 GW PV Milestone

Cumulative Installed PV Capacity Of India Exceeds 20 GW To Date, Led By Utility-Scale Systems, Says Mercom
07:05 AM (Beijing Time) - 01. February 2018
n_mar_Asia_India_India Crosses 20 GW PV Milestone_ab 2018-01-30

According to the Indian government’s initial plan, the country was chasing a target of 20 GW of solar capacity by 2022. This was just reached. In the meantime, the target was increased to 100 GW. (Source: Mercom India Research)

Key Takeaways

  • India has achieved 20 GW of cumulative installed solar power capacity to date, according to consultancy Mercom
  • Utility-scale installations make up 18.4 GW of that, with the remaining 1.6 GW added by rooftop solar
  • The southern state of Telangana leads the pack of states in terms of the highest level of installed PV capacity, followed by Karnataka, Andhra Pradesh and Rajasthan
  • Protectionist measures could derail India’s plan to have 100 GW of solar power capacity installed by 2022, warns Mercom

India’s cumulative installed solar power capacity to date has crossed the 20 GW mark, according to Mercom India Research, the research arm of Mercom Capital Group. This milestone is significant: it was the national government’s initial goal for 2022. That aim was later revised to the present 100 GW solar goal by 2022.

Previously, the Ministry of New and Renewable Energy (MNRE) had stated that the country had surpassed 17 GW of cumulative solar by Dec. 31, 2017 (see India’s Cumulative PV Capacity Exceeds 17 GW). At that point, Mercom had estimated that the number was 19.5 GW.

According to Mercom’s latest estimates, more than 500 MW has been installed post-December 2017. Utility-scale installations make up the bulk of this capacity at 18.4 GW, with rooftop filling in the remaining 1.6 GW.

During 2017, Mercom’s preliminary figures show India installed 9.6 GW of solar, accounting for 45% of total capacity additions. Telangana was the state with the highest level of capacity installed, followed by Karnataka, Andhra Pradesh and Rajasthan.

Rooftop solar has been seriously lagging in this tally, but Mercom believes this could change with MNRE working to implement new policy guidelines.

Even with these measures, Mercom warns that protectionist measures contemplated by the government in favor of domestic manufacturing facilities could lead to uncertainty and increased costs. India has proposed a 70% safeguard duty to be imposed on imported solar panels and modules, which industry experts argue could endanger the fate of several GWs of solar power capacity in India (see 70% Safeguard Duty Detrimental For 3 To 4.5 GW PV).

The recently announced 70% preliminary safeguard duty recommendation, the ongoing anti-dumping case, and a 7.85% port duty on imported modules are creating an atmosphere of regulatory uncertainty that is taking a toll on the industry and slowing down installation activity,” said Raj Prabhu, CEO of Mercom Capital Group.

 

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

Write, follow the author.
Email

Anu Bhambhani