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 Solar Rooftop Map is an info-graphic report providing a snapshot of rooftop solar market in India – capacity addition across states and consumer segments, market share of leading players and other key trends. Total rooftop solar capacity is estimated to have reached 16,914 MW by June 2024. Total new installations in year-ending June 2024 are estimated at 4,151 MW, up a staggering 73% over previous year.
India’s battery energy storage systems (BESS) market is poised for significant expansion, driven by ambitious renewable energy (RE) targets and an increasing need for grid stability. Government initiatives and technological advancements are propelling this growth. However, supply chain risks and cost challenges remain.
This info-graphic report provides a complete overview of the renewable sector including solar and wind installed capacity, leading players and their market shares, tariff trends and other market trends. India’s total solar and wind capacity reached 117,085 MW by 30 June 2024. New capacity addition in the last 12 months was 14,238 MW, increased by 32% y-o-y.
This report encapsulates quarterly trends in module demand and supply, import and domestic production volumes, supplier market share, break-up by technology and rating, global market scenario, pricing across the value chain, key policy developments and market outlook.
This report provides an update on key trends and developments in the corporate renewable market including capacity addition, key players, policy issuances, financing, equipment prices and other market trends.
This report provides a detailed update of all key sector developments and trends in the quarter – capacity addition, leading players, tenders and policy announcements, equipment prices, financial deals and other market developments. It also provides market outlook for the next two quarters.
