India Solar Rooftop Market Report


Indian rooftop solar market has grown rapidly at a CAGR of 88% in the last five years and is estimated to have reached 3,399 MW as of September 2018. However, this is still way short of the required trajectory for meeting the government target of 40 GW by 2022.

CAPEX has been the preferred business model but the share of OPEX based installations has risen steadily to 35%. The market place is extremely dynamic and fast changing. Other hybrid business models have so far failed to take off.

We believe that the rooftop solar market holds huge growth potential. We expect total capacity addition of 18.8 GW in the next 5 years at an average growth rate of 40%.


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.