“This makes it imperative to have a more concerted effort towards expanding rooftop solar.” India is set to achieve nearly 97% of its 60 GW target,” said Gulia. “Utility-scale solar capacity addition is on track. On the current trajectory, the report finds India’s solar target of 300 GW by 2030 will be off the mark by about 86 GW. “Even with this capacity addition, about 27% of India’s 100 GW solar target would be unmet,” said Jyoti Gulia, the report's co-author and JMK Research founder. This will take the cumulative utility-scale PV capacity to 58.2 GW and cumulative rooftop solar capacity to 15 GW by the end of December.
The nation is expected to add another 19 GW of solar capacity in 2022 – 15.8 GW from utility-scale and 3.5 GW from rooftop solar. It projects that by December 2022, there will be a 25 GW shortfall in meeting the 40 GW rooftop solar target, compared to just 1.8 GW in the utility-scale solar target.Īs of December 2021, India had installed a cumulative solar capacity of 55 GW, with grid-connected utility-scale projects contributing 77% (42.3 GW) and the balance coming from grid-connected rooftop solar (20%) and mini or micro off-grid projects (3%). The report highlights rooftop solar as the pain point in India’s journey to 100 GW. India will fall well short of its installed solar capacity target of 100 GW by 2022, mainly due to the slow uptake of rooftop solar, according to a new report by JMK Research and the Institute for Energy Economics and Financial Analysis (IEEFA).
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