19.2 C
New York

India to add 16.8 GW of solar in 2023 – pv magazine International


JMK Analysis says it expects India to put in 14 GW of recent utility-scale photo voltaic capability and a pair of.8 GW of rooftop PV within the 12 months to December 31, 2023.

From pv journal India

India is about to put in 16.8 GW of recent photo voltaic capability by 2023. New additions are more likely to embrace about 14 GW of utility-scale photo voltaic tasks and a pair of.8 GW of rooftop photo voltaic tasks, in response to a brand new report by JMK Analysis.

By 2022, India will set up 11.4 GW of utility-scale photo voltaic capability and 1.9 GW of rooftop PV, totaling 13.3 GW by 2022, analysts stated. As of December 31, 2022, India’s cumulative utility-scale photo voltaic capability stands at about 53.6 GW put in, whereas one other 44.6 GW is within the pipeline.

By 2022, JinkoSolar would be the largest module provider in India. It was adopted by Trina Photo voltaic and Longi. Home gamers have additionally recorded a big improve in gross sales from April 2022 onwards, following the imposition of a 40% primary customs responsibility. Waaree, Adani, and Vikram Photo voltaic would be the high home suppliers in 2022.

String inverter shipments reached 10,302 MW (AC) within the January-December 2022 interval. Sungrow leads the market with a 20.9% share, adopted by Huawei and Solis. Central inverter shipments reached 5,716 MW, led by Sineng, Sungrow, and Fimer.

NTPC, Adani, and Avaada are the highest three utility-scale photo voltaic builders in 2022. Tata Energy and L&T are the main third-party engineering, procurement and building contractors for utility-scale PV.

This content material is protected by copyright and might not be reused. If you wish to cooperate with us and need to reuse a few of our content material, please contact: [email protected].

Source link

Related articles


Recent articles