INDIA SOLAR COMPASS Q3 2018 | DECEMBER 2018

India Solar Compass provides a comprehensive update on the Indian solar market. It includes detailed updates and commentary on tender issuance, auctions, capacity addition, tariff and equipment price movements for the previous quarter as well as outlook over next two quarters. It also includes information on market shares of key players, policy developments, financial deals and key international trends.

India’s total installed solar capacity grew to 26,624 MW by end September 2018 – this capacity is split between utility scale solar (23,225 MW, 87%) and rooftop solar (3,399 MW, 13%).

Figure 1

Q3 2018 saw commissioning of 1,188 MW of utility scale solar capacity, up 65% over Q2 2018.

Figure 2