Photovoltaic
India to add 20GW of solar PV by 2023
Seetao 2022-08-02 15:21
  • Not only does India need to invest in expanding its renewable energy capacity, it also needs to upgrade its grid infrastructure
  • India is one of the largest renewable energy markets in the world and an attractive green energy investment destination
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According to JMK Research, India installed more than 12 gigawatts of solar PV in 2022, but that number is expected to soar to more than 20 gigawatts in 2023 as the country looks to accelerate its solar deployment.

India added around 10.1GW of utility-scale solar capacity and another 2.2GW of rooftop capacity in 2022, with the three best performing states being Rajasthan (6GW), Gujarat (1.9GW) and Uttar Pradesh (0.5GW) GW). However, for 2023, around 16.5GW of new utility-scale solar projects and 3.5GW of rooftop solar projects are expected to come online, JMK said in its 2022 annual India solar report card.

In addition, India had about 46GW of utility-scale solar capacity commissioned as of the end of March, according to JMK, with an additional 43.6GW of projects in the pipeline and reverse auctions for now-retired projects completed. Despite the Indian government's attempt to reduce the country's reliance on Chinese module imports by imposing basic tariffs on solar cells and modules, Chinese suppliers still account for the vast majority of the country's modules.

In total, more than 21GW of PV modules will be shipped to India in 2022, and the top five module suppliers are China, accounting for nearly three-quarters of total shipments. Keywords: engineering news, overseas news

LONGi ranked first with 23.4% of module shipments (about 4.9GW of modules), Jinko Solar ranked second with 22.3% (4.6GW), and Trina Solar ranked third with 14.8% (2.9GW) , Zhengxin supplied 6.2% (1.3GW) and Risen supplied 5.6% (1.2GW). The rest of the suppliers are made up of other suppliers, mainly from India. At the same time, Sungrow, Shangneng and Huawei are the top three inverter suppliers in India in 2022, supplying a total of about 11.5GW of string and centralized inverters.Editor/XingWentao

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