It added that India had 52.8 GW of utility-scale projects under development at the end of 1H 2021 and another 27.8 GW of project tenders pending auction.
According to the report, the top 10 large-scale project developers accounted for 67 per cent market share in 1H 2021.
“Adani was the leading utility-scale solar project developer during 1H 2021. Adani’s portfolio almost doubled after acquiring four operational and under-development assets in the first half of 2021,” said Mercom India, a clean energy consultancy, in its report.
It said that large-scale installations in 1H 2021 accounted for 81 per cent of overall solar installations with 3.7 GW. Solar accounted for 53 per cent of total power capacity additions in 1H 2021, the highest amount for any year.
“In 1H 2021, India installed 862 MW of rooftop solar, a 210 per cent increase compared to the 279 MW installed in 1H 2020. Tata Power Solar had the largest rooftop installations in 1H 2021, followed by Fourth Partner Energy,” the report added.
The top 10 installers represented 34 per cent of the rooftop solar market share. The report added that LONGi Solar was the top module supplier to India in the first half of the year.
“The top 10 module suppliers accounted for over 77 per cent of the market in 1H 2021. The market is steadily shifting to monocrystalline technology, which accounted for almost two-thirds of the modules shipped in 1H 2021,” it said.
In 1H 2021, the top five open access solar developers accounted for 66 per cent of the market share.