27 September 2018 | BRIDGE TO INDIA
India’s solar sector is growing rapidly – total installed capacity has risen from just 1 GW in 2012 to over 25 GW at present and is expected to go up by over 50 GW in the next five years.
Rapid growth and concentration in water-stressed areas exposes solar projects to a growing water risk – scarcity, rising cost, conflict with other social and economic uses and environmental degradation.
Figure: Estimated water consumption in the solar sector by state
India’s total utility scale solar and wind capacity reached 101,763 MW by 30 June 2023. New capacity addition in the last 12 months was 10,099 MW, down by 26% y-o-y. Total project pipeline stands at 74,315 MW. Figure: Total utility scale solar and wind capacity as on 30 June 2023 Source: BRIDGE TO INDIA research This info-graphic report provides a complete overview of the...
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Many project developers are increasingly keen to participate in the merchant power market because of attractive prices on the exchanges and intense competition for PPAs. New project structures like RTC and VPPAs are also leading to a rise in project capacities with untied power output.
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, key international developments and short-term market outlook.
