Mercom India Commercial and industrial entities recorded 7.2 GW solar capacity in Jan-Jun 2022. Photo Credit: Kuni Takahashi/Getty Images

Environment India11. September 2022

Solar Capacity Reaches All-Time High Here

In India, the first half of 2022 was productive in green energy with the addition of 7.2 gigawatts of solar capacity installations, an all-time record that brings the country’s cumulative installed solar capacity to 57 GW.

“Even with mounting challenges from supply constraints and rising costs, India had its best quarter and first half ever for solar,” explains Raj Prabhu, CEO of Mercom Capital Group. Tenders for about 9 GW are expected for the second half of the year, 8% higher year-on-year.

In the first half of 2021, the country added 4.5 GW in solar capacity, and for the same period in 2022, 7.2 GW were installed, an increase of 59%, “the highest ever half-yearly solar capacity addition,” according to Mercom India Research. As of June 2022, the state of Rajasthan is the leader in large-scale solar installation with a cumulative 13 GW or 53% of the total installations in the country.

Economic Times

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