New Solar Capacity Addition, Tender Issuance And Project Auctions All Saw A Big Surge In First Three Months Of 2021
New Solar Capacity Addition, Tender Issuance, Auction Activity  Saw A Big Surge In First Three Months Of 2021: ReportSolar panels at Roha Dyechem solar plant at Bhadla near Jodhpur, Rajasthan. (MONEY SHARMA/AFP/Getty Images)

In a boost for the solar energy space, as per a report by renewable energy consultancy Bridge to India, the first quarter of the calendar year 2021 saw the addition of 2,105 megawatts (MW) of grid-connected solar power generation capacity as the construction picked up the pace, reports Economic Times.

The utility-scale solar capacity added in the quarter stood at 1,735 MWs, and the figure for rooftop solar capacity addition stood at 370 MWs. On a quarter-on-quarter (QoQ) basis, the utility-scale solar capacity addition increased by 33 per cent.

Furthermore, tender issuance and auction activity also saw a big jump in the quarter.

Tender issuance was up by 40 per cent QoQ as a total of 24 utility-scale projects were awarded with a total capacity of 10,801 MWs. This also included three floating solar projects. Meanwhile, auction activity was up by a robust 163 per cent QoQ.

It should be noted that as of 31 March, the total commissioned utility-scale, rooftop solar and off-grid solar capacity stood at 35,939 MWs, 7,162 MWs and 1,140 MWs respectively. In total, the project pipeline stood at 52,392 MWs.

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber
Advertisement