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

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...

Download

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...

Download

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 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 technol...

Buy Report

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