Solar Crosses 28 GW Mark in India : BTI

Only 1,446 MW of new capacity additions were made in the October-December 2018 period, of which 990 MW was in utility-scale solar and 456 MW in rooftop solar.

India Solar 28 GW

India’s total solar energy generation capacity at the end of December, including the 3.85 GW rooftop segment, stood at 28.05 GW according to a report by the consultancy firm, Bridge To India (BTI).

The report also added that an additional 17.65 GW of solar projects were also under implementation at the time.

The numbers were revealed in the consultancy firm’s quarterly market report, ‘India Solar Compass Q4 2018’, which gives a detailed analysis of capacity addition, tender issuance, market players, price trends for the past quarter and the whole year 2018.

India’s total solar capacity, installed and pipeline stood at 45,715 GW with 28,057 MW installed and 17,658 MW under development as on December 31, 2018, according to the report. This installed capacity is split between utility-scale and rooftop solar as 24,202 MW and 3,855 MW, respectively.

The report further highlighted that only 1,446 MW of new capacity additions were made in the October-December 2018 period, of which 990 MW was in utility-scale solar and 456 MW in rooftop solar.

The utility-scale solar capacity addition has been sluggish since the second quarter ended June 30, 2018, and is down 46 percent over the fourth quarter of 2017. In contrast, the rooftop solar market is growing strongly and is up 47 percent over the previous year, it said.

Vinay Rustagi, managing director, BTI, said in a statement, “2018 was an extremely testing year for the solar market. Pretty much everything that could go wrong, did go wrong. Issues such as safeguard duty and GST created uncertainty for the entire industry, costs went up, execution challenges mounted and to make matter worse, discoms canceled many tenders because of unrealistic tariff expectations.”

In the December 2018 quarter, the highest capacity (200 MW) was added in Andhra Pradesh and Gujarat. Karnataka (5,328 MW), Telangana (3,501 MW) and Rajasthan (3,081 MW) continued to be the top-three states by the commissioned capacity for utility-scale solar. In 2018, Adani (740 MW), Acme (720 MW) and Essel Infra (460 MW) were the top-three developers by commissioned capacity. GCL, Risen Energy and JA Solar (all Chinese suppliers) were the leading module suppliers, while Sungrow, ABB and Huawei were the leading inverter suppliers.

An unprecedented 51,118 MW of new tenders were issued in 2018, with 15 GW tenders in December 2018 quarter alone. However, the tender design has not met market expectations — 16,725 MW of tenders were canceled in 2018 and another 9,238 MW of tenders were undersubscribed, the report stated.

“2019 is expected to be better but the new government will have to work hard to re-build investor appetite. Rooftop solar remains a bright spot but even this market has seen some serious policy reversals in the last few months,” Rustagi added.

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Ayush Verma

Ayush Verma

Ayush is a staff writer at saurenergy.com and writes on renewable energy with a special focus on solar and wind. Prior to this, as an engineering graduate trying to find his niche in the energy journalism segment, he worked as a correspondent for iamrenew.com.

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