India tops 2 GW of Q1 solar installs yet 2021 will certainly be tough
- India set up 2,056 MW of solar ability in the first quarter of 2021, up by 37% quarter-on-quarter and 88% year-on-year, as designers finalised projects postponed last year.
Mercom India Study's latest quarterly report reveals large-scale installments got to 1,749 MW, up by 43% from the fourth quarter of 2020, and roof solar ability additions grew by 8% to 307 MW.
In the initial quarter, Rajasthan and also Uttar Pradesh set up one of the most solar, complied with by Gujarat as well as Andhra Pradesh. The top five states was accountable for 81% of all installations in the period.
Solar projects in India are currently encountering huge unpredictability as a result of the most recent wave of the pandemic, increasing module and various other rates, and policy changes. Lockdowns in Rajasthan, Maharashtra, and Uttar Pradesh are seen to affect project timetables this year.
India's large-scale solar project development pipe has gotten to 53.6 GW as well as there were 24.1 GW of projects tendered and also pending auction at the end of March, Mercom India Research says in the report: https://mercomindia.com/product/q1-2021-india-solar-market-update/
