India is likely to miss its 2022 target of installing 100 gigawatts (GW) of solar power capacity, largely due to inadequate uptake of rooftop solar, according to a report by JMK Research and the Institute for Energy Economics and Financial Analysis (IEEFA).
As of December 2021, India’s cumulative installed solar capacity was 55GW, with grid-connected utility-scale projects contributing 77% and the rest from grid-connected rooftop solar (20%) and mini or micro off-grid projects (3%).
With just eight months of 2022 remaining, only about 50% of the 100GW target, consisting of 60GW of utility-scale and 40GW of rooftop solar capacity, has been met.
