India adds 1.2 GW of new solar open access capacity in 2021
NEW DELHI: India added 1.2 GW of new solar open access capacity in 2021, marking a growth of 222% year-over-year (YoY), according to a Mercom India report. The cumulative installed solar capacity in the open access market crossed 5 GW. The country added 298 MW of new solar open access capacity in the fourth quarter (Q4) of calendar year 2021, a 75% increase compared to the same period in 2020.
“Mitigating carbon footprint, reducing the cost of power, renewable power purchase obligations, and RE100 initiatives, the list of reasons for C&I consumers to go green is piling up. The demand for open access solar is growing, reflected in the robust pipeline of projects,” said Priya Sanjay, Managing Director at Mercom India.
