India Solar Compass Q1 2019


This report has detailed assessment of the Indian solar sector including comprehensive project and tender level updates, market shares of players across the value chain, EPC and pricing trends, and policy updates.

Installation activity picked up significantly in Q1 2019 but was still below last year’s level. Total installed solar capacity grew to 31,496 MW by March 31, 2019. Total project pipeline – projects allocated to project developers and at various stages of development – stood at an all-time high at 18,438 MW as on March 31, 2019.

Figure: Total installed and pipeline capacity as on March 31, 2019, MW

 

Record project pipeline suggests significant pick-up in installation activity over next two years. At the same time, the sector is grappling with growing concerns on land acquisition, network connectivity, delayed payments and lack of debt funding. The industry expects new government to bring in a new wave of reforms and instil confidence in the sector.

There was a spate of policy related announcements in Q1 2019 in advance of the general elections. The central government announced several new schemes to promote rooftop solar, agricultural solar and domestic manufacturing.

 


Recent reports

Solar Manufacturing Prospects   

Buoyed by government promises of customs duty on imports and financial incentives, solar manufacturing sector is witnessing renewed interest....

Buy Report Download Executive Summary

India Solar Rooftop Map | June 2020

India’s operational rooftop solar capacity reached 5,953 MW as on 30 June 2020. Only 1,140 MW capacity is estimated to have been added in the twelve...

Download

India Renewable Map | June 2020

India’s utility scale solar and wind capacity reached 69,808 MW as on 30 June 2020. Only 6,284 MW of new capacity was added over last 12 months, dow...

Download

India Solar Compass Q2 2020   

India added just 351 MW of solar power generation capacity in Q2 2020 taking total installed capacity to 38,377 MW by 30 June 2020....

Buy Report Download Executive Summary

Transmission planning, implementation and status   

Transmission remains a critical bottleneck to growth of India’s renewable power sector....

Buy Report Download Executive Summary

India Renewable Power CEO Survey | 2020

The survey provides a sector-wide glimpse into the minds of renewable power leaders on industry outlook, capacity addition over the next 5 years, oper...

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