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According to the latest data from India's Ministry of New and Renewable Energy, India's cumulative grid-connected terrestrial solar PV capacity has reached 22 GW, compared to 1.
3 GW
connected between April and July this year.
At the same time, module prices "fell sharply"
.
Overall, 1.
3 GW of ground-based solar power facilities were connected to the grid during this period, bringing the cumulative capacity to 22 GW
.
In comparison, the rooftop segment has an installed capacity of just 159.
02 MW for a total capacity of 12.
2 GW
.
India's renewable energy grid connection capacity currently stands at 71.
5 GW, including wind, solar, biomass and waste electricity
.
While wind is the current energy leader, solar is catching up fast, including most of the 1.
74 GW of installations
in four months.
Dharmendra Kumar, solar analyst at IHS Markit, said, "Roof installation has been a concern due to the very low installation in the residential sector
.
Most of the demand for rooftop installations comes from the commercial and industrial sectors, and this demand is expected to grow even more
in the coming years.
”
In addition, Dharmendra Kumar further explains, "Developers who have already ordered module goods are fortunate that they do not need to pay a safeguard duty
until further notification from the government.
In addition, the solar power market in the second half of the year will be highly dependent on the results
of safeguard duties and anti-dumping duties.
”
According to the latest data from India's Ministry of New and Renewable Energy, India's cumulative grid-connected terrestrial solar PV capacity has reached 22 GW, compared to 1.
3 GW
connected between April and July this year.
At the same time, module prices "fell sharply"
.
Overall, 1.
3 GW of ground-based solar power facilities were connected to the grid during this period, bringing the cumulative capacity to 22 GW
.
In comparison, the rooftop segment has an installed capacity of just 159.
02 MW for a total capacity of 12.
2 GW
.
India's renewable energy grid connection capacity currently stands at 71.
5 GW, including wind, solar, biomass and waste electricity
.
While wind is the current energy leader, solar is catching up fast, including most of the 1.
74 GW of installations
in four months.
Dharmendra Kumar, solar analyst at IHS Markit, said, "Roof installation has been a concern due to the very low installation in the residential sector
.
Most of the demand for rooftop installations comes from the commercial and industrial sectors, and this demand is expected to grow even more
in the coming years.
”
In addition, Dharmendra Kumar further explains, "Developers who have already ordered module goods are fortunate that they do not need to pay a safeguard duty
until further notification from the government.
In addition, the solar power market in the second half of the year will be highly dependent on the results
of safeguard duties and anti-dumping duties.
”
