India Installed 2.38 GW Of Utility-scale Solar Power in The First Quarter

In the first quarter of this year, India built 2.38 GW of utility-scale photovoltaic systems, while adding 801 MW of rooftop solar power. Image: Tata Power Solar India installed 2.38 GW of utility-scale Solar Power in the first quarter, up 54% from the fourth quarter of 2022, according to a new report from JMK Research & Analytics. Over the same period, rooftop solar power generation increased by about 801 MW. In the first quarter of this 2023, the country shipped more than 4GW of concentrated and serial inverters and about 3.1 GW of modules. WAAREE is the largest component vendor, and Sun Grow is the leading inverter vendor. In the 12 months to March 31, developers installed about 8 gigawatts of utility-scale solar 2023, down 22 percent from a year earlier. At the same time, about 2,232 MW of new rooftop solar power generation to achieve grid-connected. JMK Research expects India to add about 18 GW of solar capacity in fiscal 2023-24, including 15.5 GW of utility capacity and 2.5 GW of rooftop capacity. The country is expected to install about 6.7 GW of solar power and 2.5 GW of hybrid generation in the next two quarters.