Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

India sees 2-fold surge in open-access solar installations in Q1 this year

by | Jun 11, 2024

New Delhi: As the adoption of renewable energy gains steam in India to offset the negative impact of climate change, India saw a two-fold surge in open-access solar installations to 1.8 gigawatts (GW) in the first quarter this year.

According to US-based research firm Mercom Capital, this translates to a two-fold increase, from 909.3 megawatts (MW) in Q4 2023.

Open-access solar soluti

The cumulative installed solar open access capacity stood at 14.3 GW (as of March), according to the report, titled ‘Mercom India Solar Open Access Market’.

According to Priya Sanjay, Managing Director at Mercom India, the demand for green energy open access, especially solar, has been mounting, driven by financial savings and initiatives to add renewable energy to the power procurement mix.

The report mentioned that in the first quarter this year, Rajasthan led solar open access capacity additions (almost 28 per cent), followed by Andhra Pradesh and Maharashtra at 21 per cent and 12 per cent, respectively.

ons allow businesses and consumers to access renewable energy generated by solar projects from their premises.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Recent Posts

PM Modi’s QUAD Outreach

PM Modi’s QUAD Outreach

Asad Mirza The latest Quad Summit is largely seen as an effort by the US Joe Biden to leave a lasting legacy. Though PM Modi ticked all boxes, yet nothing substantial for India was gained at the summit, apart from the optics. PM Modi along with President Joe Biden,...

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *