India’s solar report card for FY 2021-22

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India installed 12.3 GW of solar in the 12 months ending March 31, 2022. The nation is expected to add a record 20 GW in the current fiscal year.
AUGUST 1, 2022 UMA GUPTA
From pv magazine India
India installed 12.3 GW of solar in the financial year 20221-22. Of the new additions, 10.1 GW were utility-scale and 2.2 GW rooftop (onsite), according to JMK Research’s Annual India Solar Report Card FY 2022.
The analysts expect the nation to commission 20 GW (16.5 GW utility-scale and 3.5 GW rooftop) of solar in FY 2022-23.
Leading players
In FY 2021-22, overall module sales across the utility-scale, rooftop/onsite, off-grid, and solar pumping segments reached 21,086 MW DC. Chinese manufacturers supplied around 72% of the market demand. Longi Solar was the largest module supplier with a 23.4% share. It was followed by Jinko (22.3%) and Trina (14.8%).
String inverter shipments reached 11.193 MW during FY 2022, with Sungrow (27.9%), Huawei (22.3%), and Solis (12.9%) topping the sales. Central inverter shipments stood at 8,683 MW AC, with Sineng securing the top spot with a 38.4% market share. Sungrow (20%) ranked second and Fibre (19%) third.
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