India solar deployment forecasts revised downwards as COVID lockdowns, supply chain issues leave prospects ‘murky’ Email
ReNew Power has almost 10GW of installed solar and wind capacity in India. Image: ReNew Power.
India installed just over 2GW of solar in Q1 2021 as the country rebounded from COVID-19 related delays, however full-year installs could fall to well below previous estimates, one forecast suggests.
Research and consultancy firm Bridge to India, in an update to its Solar Compass report published today, says that 2,105MW of solar was installed in Q1 2021, taking the country’s total cumulative capacity to 44.2GW.
Mercom India’s solar market update has a broadly similar figure, stating that 2.05GW of solar was installed in the quarter, up on the 1.5GW installed in Q4 2020 and an 88% increase on the 1.1GW installed in Q1 2020.