India added 10 GW of solar and wind capacity in the first nine months of 2021

In India, roughly 8,811 MW of solar capacity and 1,246 MW of wind capacity were added from January to September 2021. According to JMK Research research, this is nearly 280 percent and 101 percent greater, respectively, than the same period the previous year. “The major reason for the considerable rise in this time is the commissioning of delayed projects that were meant to be commissioned earlier but were postponed due to COVID-19 disruption,” according to the report.

In terms of cumulative installations, according to the data released by the Ministry of New and Renewable Energy (MNRE) till September 2021, India’s RE installation capacity reached 101.53 GW. Solar energy contributes for approximately 46% share in the total RE segment, making it the major contributor followed by wind energy (39%), BioPower (10%), and Small Hydro (5%).

Analysis report

During this time, the states of Rajasthan, Gujarat, Uttar Pradesh, and Maharashtra added the most solar capacity, accounting for 68.53 percent of all solar installations. Gujarat, Tamil Nadu, and Karnataka accounted for around 98.66 percent of India’s total wind installations.

Between January and September 2021, over 2,068 MW of additional rooftop solar capacity was built, which is 134 percent more than the 883 MW added between January and September 2020. Gujarat tops the leaderboard with a 531 MW capacity addition, accounting for roughly 26% of all rooftop installations during the study period.

Analysis report

Maharashtra (501 MW), Haryana (217 MW), and Uttarakhand (181 MW) are the states with the greatest rooftop solar capacity built after Gujarat. The “Surya Urja Rooftop Yojana – Gujarat” project, which seeks to build solar rooftops for 8 lakh residential customers by March 2022, is the driving force behind this large capacity expansion in Gujarat. Under this program, the state will pay a 40% subsidy for systems up to 3 kW and a 20% subsidy for systems between 3 kW and 10 kW.

According to JMK Research, the country is likely to construct around 11 GW of new utility-scale solar capacity and 2.8 GW of new wind capacity in 2021. The installation of rooftop solar capacity is estimated to be around 3 GW. If the third wave of the covid-19 pandemic does not hit the country between November and December 2021, the RE sector will almost certainly meet the 2021 objective.