Jyoti Gulia | 31 January 2019

Rooftop solar market in India has seen share of OPEX model increase from barely 2% in 2012 to an estimated 35% as of September 2018. The model is growing rapidly as it is very attractive particularly for the C&I consumers – they make assured co...

Jyoti Gulia | 28 February 2018

While the solar industry anxiously awaits the safeguard duty decision, we have examined the rationale of policies favouring domestic manufacturing in a recent study. We have assessed the complete solar value chain – from manufacturing to project co...

Jyoti Gulia | 23 November 2017

The Directorate General of Anti-Dumping and Allied Duty (DGAD) is currently completing an investigation into imports of solar cells and modules from China, Taiwan and Malaysia subsequent to a petition filed by The Indian Solar Manufacturer’s Association (ISMA). The petition is similar to an earlier petition filed in 2012, wherein DGAD had recommended an anti-dumping duty of USD 0.11-0.81/Wp on c...

Jyoti Gulia | 30 November 2016

Rooftop solar market in India has grown at a CAGR of 98% in the last four years. As of September 30, 2016, total installed capacity stands at 1,020 MW (refer INDIA SOLAR ROOFTOP MAP 2016). Growth in this market is being primarily driven by improvement in price competitiveness of rooftop solar power vis-à-vis grid power. Commercial and industrial (C&I) segment currently makes up for almost 63...

Jyoti Gulia | 22 June 2016

The Delhi government approved its first solar policy on June 6, 2016. The policy understandably focuses on rooftop solar development because of shortage of available land space in the city. It has many innovative provisions and provides for exemptions and simplification of procedures for rooftop system installation. The policy introduces ‘Group Net Metering’ for the first time in India, where...

Jyoti Gulia | 31 May 2016

Over the past two years, the rooftop solar market in India has grown at a compounded annual growth rate of 90%. As of March 31, 2016 the cumulative installed capacity stands at 740 MW (refer INDIA SOLAR HANDBOOK 2016). This growth is directly linked to the improvement in price competitiveness of rooftop solar power vs grid power. Commercial and industrial (C&I) segment makes up almost 73% of ...

Jyoti Gulia | 11 April 2016

In March 2016, the Government of Haryana revised its state solar power policy which was launched two years back. The new solar policy is a six-year policy spanning 2016 to 2022. Under the new policy the target is to add 3200 MW of solar power by 2022. This target is in line with central government target to add 100 GW of solar power by 2022 for which the state renewable purchase obligation (RPO) r...

Jyoti Gulia | 08 October 2015

While the large solar policy allocations take all the limelight, there are very interesting niche markets developing in India. These markets are typically driven by favourable end-user economics and require less government support. Depending on the quality of the local grid, on the policy support and availability of on-site space, end consumer could go for open access or rooftop solar solution. Ro...

Jyoti Gulia | 07 October 2015

India has made tremendous strides in the development of its solar sector in last 18 months. As of today, the country has a solar project pipeline of 13 GW. These are projects, for which either PPAs have already been signed or tenders are issued. Most of these projects should be commissioned by the end of 2016 or early 2017. Southern states are most ambitious and drive solar under their own state...

Jyoti Gulia | 18 June 2015

The past financial year has seen a marked uptake in solar activities in India with new capacity installations and many new allocations and policy announcements. Rajasthan has emerged as a preferred investment choice and will likely remain so in the coming years. Please download our free India Solar Handbook 2015 for more information (LINK). From Jan 2015 till date, nearly 1.1 GW of utility scal...

Jyoti Gulia | 04 December 2014

BRIDGE TO INDIA recently carried out a first of its kind analysis on India’s rooftop solar market in India (refer here). It is based on extensive interviews the team has conducted with almost all stakeholders in the market over the last few months. With about one-fifth of all rooftop solar installations concentrated in Tamil Nadu, the state has emerged as the largest rooftop solar market in the ...

Jyoti Gulia | 24 October 2014

Madhya Pradesh has emerged as the preferred state for new solar investments, overtaking earlier favorites Gujarat and Rajasthan. With close to 322 MW[1] of solar capacity installed, MP is now ranked third after Gujarat and Rajasthan in cumulative terms. Interestingly, about 96% of this was added only in the last two years (2013 and 2014), the highest among all states. Key drivers for this growth a...