Daily News Wrap-Up: India’s Adds 3.2 GW of Solar Open Access in 2023
JSW, Sunsure, UPC, and NTPC REL win SECI’s 1.5 GW solar tranche XIII auction
March 11, 2024
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India achieved a record-breaking annual installation of solar open access, adding 3.2 GW, in the calendar year 2023, a marginal increase from the 3 GW installed in the previous year, according to the recently published 2023 Q4 & Annual Mercom India Solar Open Access Market Report. The exclusion of open-access solar projects from the Approved List of Models and Manufacturers order’s mandate, coupled with decreasing module prices, pushed commercial and industrial consumers into accelerating their pending projects and entering into power purchase agreements.