India

India surpassed 5GW of cumulative, “open-access” solar capacity in December.

Azure Power has switched on a 300MW solar project in the Indian state of Rajasthan. It will supply electricity to Solar Energy Corp. of India for about $0.03/kWh over a period of 25 years.

Elsewhere, Scatec and partners have signed a memorandum of understanding to develop a large scale green ammonia facility in Egypt. Hydrogen developments were also announced in India and the United Kingdom.

India’s solar cell and module production capacity is expected to rise in the years ahead.

In the fourth quarter of 2021 alone, solar developers added 3.2GW of new PV installations in India.

The Chinese solar inverter manufacturer, which established its factory in India in 2018, has expanded the India fab capacity to 10GW/annum to serve different customer segments, including residential, commercial, industrial and utility-scale — both locally and globally.

India’s cumulative rooftop solar installations surpassed 7GW in December. The state of Gujarat leads the country with the most installed rooftop solar capacity to date.

Ratings agency ICRA has estimated Indian green hydrogen will cost that much if produced at sites featuring clean energy generation capacity and electrolyzers. That is between 50 US cents and a dollar per kilogram cheaper than in locations where the two systems are not co-located, with the saving possible due to a reduction in open-access, intra-state grid charges.

The London-based analyst has published a series of clean tech predictions for the year which also highlighted the rising proportion of sub-5MW solar projects in the global market, and cheaper clean energy financing costs even as panel prices continue to rise.

The nation imported solar cells worth more than $633 million from April to the end of last year, a figure higher than the value imported during the whole of the 2020-21 fiscal year.