PV Tech reported that India’s rooftop solar potential may attain 32GW with subsidy, in response to a latest report by coverage analysis institute Council on Energy, Environment and Water (CEEW).

The decreased utility-scale photo voltaic installations had been resulting from auctions for a lot of photo voltaic tenders that had not been accomplished but. Furthermore, JMK Research stated the Ministry of New and Renewable Energy (MNRE) had prolonged the commissioning timelines for the photo voltaic, wind, and hybrid tasks. In addition, delays in approvals for energy buy agreements (PPAs) from state businesses had been extra components contributing to the slowdown.

Geographically, Rajasthan led utility-scale photo voltaic installations with a complete capability of 1.5GW, adopted by Gujarat (1.2GW), Maharashtra (0.91GW) and Tamil Nadu (0.58GW).

Installations of rooftop photo voltaic within the first three quarters of this yr elevated by 126% year-on-year. Reduced value of photo voltaic modules contributed to the numerous enhance. The power analyst stated the rise would doubtless proceed within the close to to medium time period.

Karnataka (1.16GW), Gujarat (692MW), and Maharashtra (331MW) had been the main states in rooftop photo voltaic installations in the course of the first three quarters of 2023.

As of the top of September, Rajasthan, Gujarat, Karnataka, and Tamil Nadu collectively accounted for 62.6% of the full photo voltaic capability put in in India.

For 2023, about 11GW of recent photo voltaic capability is anticipated to be put in in India, together with 7GW from utility-scale, 3.5GW from rooftop photo voltaic, and 500MW from off-grid photo voltaic.

As of 30 September, India’s cumulative photo voltaic installations reached 71.8GW, accounting for a 54.5% share of the full renewables combine.

Solar module imports

Meanwhile, in Q3, photo voltaic module imports in India elevated by 73% in comparison with the earlier quarter because of the Indian authorities’s resolution to increase the implementation of the Approved List of Models and Manufacturers (ALMM). The order states that solely the listed photo voltaic PV fashions and module producers can be utilized for photo voltaic tasks in India.

In March 2023, the Indian authorities stated photo voltaic tasks commissioned by 31 March 2024 would be exempted from procuring modules listed under ALMM.

Lastly, Waaree Energies exported greater than 700MW of modules in Q3 2023, the best amongst all Indian photo voltaic producers. The firm was adopted by Adani (greater than 600MW) and Vikram Solar (over 100MW). Adani exported 73% of its complete module manufacturing in Q3, the best amongst all Indian photo voltaic manufactures. Waaree Energies got here second (63%), adopted by Vikram Solar (58%).

Previously, JMK Research additionally revealed a report about module exports from Indian solar manufacturers. In its report, New Paradigms of Global Solar Supply Chain, the corporate predicted that India’s photo voltaic module exports to the US and Europe will doubtless peak in 2025 and expertise a decline ranging from 2026 as home manufacturing vegetation will probably be operational in these areas.