India Solar Compass Q3 2019


Slow capacity addition in the utility scale solar sector continued in Q3 2019. Capacity addition during the quarter was 1,734 MW, 43% below our estimate of 3,034 MW. Delay in land acquisition, transmission system availability and debt financing continue to be major bottlenecks. Installation activity should pick up gradually over the next 12 months, but developers are likely to take advantage of expiry of safeguard duty by July 2020 and we expect significant delays in project completion.

Figure: Total installed and pipeline capacity at the end of September 2019, MW

 

The report provides a detailed quarterly update of all sector trends and developments – including capacity addition, leading players, tender and policy issuance, and equipment prices – as well as outlook over the next two quarters.

You can purchase the full report online or buy an annual subscription by writing to us at market.research@bridgetoindia.com.


Recent reports

India Solar Rooftop Map | December 2020

India Solar Rooftop Map is an infographic report providing a snapshot of rooftop solar market in India - capacity addition across states and consumer ...

Download

India Solar Map | December 2020

India Solar Map 2020 is an infographic report that provides a state-wise break-up of utility scale solar commissioned and pipeline capacity. It also s...

Download

India Solar Compass Q4 2020   

Coronavirus-induced hardships persisted in Q4 2020, pulling installation numbers down. Solar capacity addition in 2020 was at a five-year low. 1,298 M...

Buy Report Download Executive Summary

Smart meters: market update and growth outlook   

With a target to reduce AT&C losses to 15% and improve overall financial performance of DISCOMs, the Indian government is pushing for universal ro...

Buy Report Download Executive Summary

India Solar Compass Q3 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

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