India PV Module Intelligence Brief | Q3 2022

This report captures quarterly trends in module demand and supply, import and domestic production volumes, supplier market shares, break-up by technology and rating, pricing trends across the value chain and key international developments.

Total module demand during the quarter was estimated at 4,279 MWp, split 51:28:14:7 amongst utility scale, open access, rooftop solar and off grid solar at 2,200 MWp, 1,196 MWp, 582 MWp and 301 MWp respectively. Project execution is being delayed in view of persistently high module prices. There is also uncertainty about BCD relief for projects auctioned before March 2022. Q3 saw slightly higher module imports at 483 MWp (144 MWp in Q2) while cell imports stood at 1,311 MWp (up 73% QOQ). Domestic module production was also up by 16% at 1,720 MWp.

Recent reports

A business case for renewable energy certificates for Indian companies to meet RE 100 targets

C&I consumers account for 53% of power consumption but only 6% of this requirement is met from direct procurement of renewable power. In face of m...


A business case for rationalisation of Green Tariffs in India

Only about 6% of total C&I demand is met from direct procurement of renewable power. In face of multiple challenges faced by established routes li...


India Corporate Renewable Brief | Q3 2022   

Our latest edition of quarterly report provides a detailed regular update on key trends and developments in the C&I renewable market....

Buy Report Download Executive Summary

India Solar Compass | Q3 2022   

This report provides a detailed update of all key sector developments and trends in the quarter – capacity addition, leading players, tenders and po...

Buy Report Download Executive Summary

Ancillary revenue opportunities: RECs and carbon credits   

Green attributes associated with renewable power can be sold on an unbundled basis in the form of renewable energy certificates (RECs) and/ or carbon ...

Buy Report Download Executive Summary
We use cookies to offer you an optimal user experience and collect information on website usage.