Total corporate renewable power capacity increased by 1,394 MW in Q1 2022 to reach 21,977 MW by 31 March 2022. Capacity addition in the quarter was split 67:4:29 amongst OA solar, wind and rooftop solar, with total capacity estimated to have reached 6,751 MW, 7,759 MW and 7,467 MW respectively.
Figure: Total installed C&I renewable capacity by 31 March 2022, MW
Source: BRIDGE TO INDIA research
Installation activity gathered pace 134% QOQ due to commissioning of projects delayed by Covid and implementation of BCD from April 2022.
The report provides a quarterly update on key trends and developments in the C&I renewable market including capacity addition, key players, government policy, tariff trends, financing and equipment prices.