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Your email address will not be published.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

Indian flight diverted to Turkey after ‘bomb threat’

Indian flight diverted to Turkey after ‘bomb threat’

Ankara: Vistara Airlines announced on Friday that its Mumbai-Frankfurt flight that was diverted to Turkey due to security concerns has landed safely in Turkey. Sharing a post on X, Vistara wrote, “Flight UK27 from Mumbai to Frankfurt (BOM-FRA) has been diverted to...

Bharat Jodo Yatra was massive booster dose for Congress: Ramesh

Bharat Jodo Yatra was massive booster dose for Congress: Ramesh

New Delhi: Congress leader Jairam Ramesh on Saturday said the Rahul Gandhi-led Bharat Jodo Yatra from Kanyakumari to Kashmir was a “massive booster dose” for the party and heralded a change in the country’s politics. “Today is the 2nd anniversary of the start of the...

0 Comments

Submit a Comment

Your email address will not be published.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