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Indian solar pipeline at all-time high in Q1 2019

June 5, 2019

India had its highest ever capacity of solar projects allocated or at various stages of development by the end of Q1 this year, suggesting a significant pick-up in installation activity over the next two years, according to a report from consultancy firm Bridge to India.

In the ‘India Solar Compass 2019 Q1’ report, however, the consultancy said that a surge in tender issuances is still not being matched by actual project allocations. During the first quarter of the year, 19 new utility-scale solar tenders with a combined capacity of 15,733MW were issued (up 2% from Q4 2018), but only 3,697MW of capacity was successfully allocated.

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