{"id":484026,"date":"2022-04-12T15:11:55","date_gmt":"2022-04-12T09:41:55","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=484026"},"modified":"2022-04-12T15:11:55","modified_gmt":"2022-04-12T09:41:55","slug":"india-set-to-miss-2022-solar-target-by-27-report-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-set-to-miss-2022-solar-target-by-27-report-2\/","title":{"rendered":"India set to miss 2022 solar target by 27%: Report"},"content":{"rendered":"<p>India is projected to fall &#8220;well short&#8221; of its target for 2022 of having 100 gigawatts (GW) of installed solar capacity, largely due to slow uptake of rooftop solar, a new report by JMK Research and the Institute for Energy Economics and Financial Analysis (IEEFA) said on Tuesday.<\/p>\n<p>As of December 2021, India&#8217;s cumulative installed solar capacity was 55GW, with grid-connected utility-scale projects contributing 77 per cent and the balance coming from grid-connected rooftop solar (20 per cent) and mini or micro off-grid projects (three per cent).<\/p>\n<p>With just eight months of 2022 remaining, only about 50 per cent of the 100GW target, consisting of 60GW of utility-scale and 40GW of rooftop solar capacity, has been met.<\/p>\n<p>Approximately 19GW of solar capacity is expected to be added in 2022 &#8212; 15.8GW from utility-scale and 3.5GW from rooftop solar.<\/p>\n<p>&#8220;Even with this capacity addition, about 27 per cent of India&#8217;s 100GW solar target would be unmet,&#8221; says report co-author Jyoti Gulia, Founder, JMK Research.<\/p>\n<p>The report projects that by December 2022 there will be a 25GW shortfall in the 40GW rooftop solar target, compared to just 1.8GW in the utility-scale solar target.<\/p>\n<p>&#8220;Utility-scale solar capacity addition is on track. India is set to achieve nearly 97 per cent of its 60GW target,&#8221; says Gulia. &#8220;This makes it imperative to have a more concerted effort towards expanding rooftop solar.&#8221;<\/p>\n<p>Headwinds ranging from pandemic-induced supply chain disruption to deeply rooted policy restrictions have impeded the growth of India&#8217;s rooftop solar (onsite solar power) and open access solar (offsite solar) installations.<\/p>\n<p>&#8220;The anticipated 27GW shortfall from the 2022 solar target can be attributed to a string of challenges which are slowing overall progress on renewable energy targets,&#8221; says co-author Vibhuti Garg, Energy Economist and Lead India, IEEFA.<\/p>\n<p>On the current trajectory, the report finds India&#8217;s solar target of 300GW by 2030 will be off the mark by about 86GW.<\/p>\n<p>These challenges include: regulatory roadblocks; net metering limits; the twin burdens of basic customs duty (BCD) on imported cells and modules and issues with the Approved List of Models and Manufacturers (ALMM); unsigned power supply agreements and banking restrictions; financing issues plus delays in or rejection of open access approval grants; and the unpredictability of future open access charges.<\/p>\n<p>&#8220;Central and state government policies and regulations must be aligned to support the solar sector overall, and especially the ailing rooftop and open access segments of the market,&#8221; says co-author Akhil Thayillam, Senior Research Associate, JMK Research.<\/p>\n<p>The report proposes short- and long-term measures to get India back on track to meet solar targets.<\/p>\n<p>The short-term measures include uniform policies to apply nationally for at least the next five years and consistent regulations for net metering and banking facilities, also to apply nationally.<\/p>\n<p>In the long-term, stricter enforcement of the renewable purchase obligation and improved financial health, and potentially privatisation, of distribution companies (discoms).<\/p>\n<p>In rooftop solar, state-level efforts such as Gujarat&#8217;s Surya Scheme need to be replicated by other states in the short-term to help in boosting capacity, says Gulia.<\/p>\n<p>&#8220;It is also likely that the government, in the short-term, will push aggressively for expediting solar capacity addition to achieve the 100GW target by 2022 by re-allocating some of the unmet rooftop target to utility-scale generation.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India is projected to fall &#8220;well short&#8221; of its target for 2022 of having 100 gigawatts (GW) of installed solar capacity, largely due to slow uptake of rooftop solar, a new report by JMK Research and the Institute for Energy Economics and Financial Analysis (IEEFA) said on Tuesday. As of December 2021, India&#8217;s cumulative installed solar capacity was 55GW, with grid-connected utility-scale projects contributing 77 per cent and the balance coming from grid-connected rooftop solar (20 per cent) and mini or micro off-grid projects (three per cent). With just eight months of 2022 remaining, only about 50 per cent of [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-484026","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/484026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=484026"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/484026\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=484026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=484026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=484026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}