Reports
Corporate renewable market -alternative procurement options
Corporate consumers seeking to increase share of renewable power in their consumption mix have the option of using multiple short-term procurement routes like green power exchange, renewable energy certificates (RECs), I-RECs and green tariffs.
India Solar Rooftop Map | December 2023
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 14,484 MW by end of 2023. Total new installations in 2023 are estimated at 2,856 MW, up only 8% over previous year.
India Solar Map | December 2023
India Solar Map 2023 is an info-graphic report covering growth of utility scale solar sector – national and state-wise commissioned and pipeline capacity, leading market players and portfolio details of top 16 project developers. Capacity addition in 2023 fell 51% YOY to 5,924 MW taking total utility scale solar capacity to 59,840 MW. Total project pipeline stands at a record 74,161 MW.
India RE CEO Survey | 2019
The survey provides insight into the minds of industry leaders on business outlook, capacity addition over next few years, challenges and policy environment. This year’s survey has received responses from 41 leading CEOs across the sector value chain and geographies. Total RE capacity addition in the next 5 years is expected at 80 GW, split 74:26 between solar and wind power. RE capacity...
Solar park development in India
In 2014, the Government of India launched a one of its kind scheme for development of solar parks. It aimed to provide impetus to solar power generation by tackling acute challenges related to land acquisition and transmission connectivity. So far, MNRE has approved 38 approved solar parks with a total capacity of 23,104 MW across 16 states.Figure: Status of solar park development,...
Managing India’s PV Module Waste
While the Indian solar sector continues to grow robustly – from a mere 3 GW in 2014 to over 28 GW by end 2018 – there is still no clarity on solar waste management and equipment recycling in the country. We estimate that solar module waste alone would grow to 1.8 million tonnes by 2050, equivalent to the annual e-waste volume generated at present. India is poorly positioned to...
India Solar Compass Q4 2018
India’s total installed solar capacity grew to 28,057 MW by end December 2018. Total utility scale and rooftop solar capacity stood at 24,202 MW and 3,855 MW respectively. Total project pipeline – projects allocated to project developers and at various stages of development– was 17,658 MW as on December 31, 2018. New capacity addition in Q4 2018 was 1,446 MW – 990 MW (68%) of...
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...
India RE Outlook 2019
The big event in 2019 is obviously the general elections. As policy purdah looms, politics is likely to dominate over reforms and concrete action for most of the year. But we don’t expect any retreat in push for RE irrespective of who comes to power. We expect a total RE capacity addition of 15,860 MW in 2019, a sharp jump of 50% over 2018. More than 69% of capacity addition is expected to...
India Solar Compass Q3 Report
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...
India Solar Rooftop Map | December 2018
India added a record 1,538 MW of rooftop solar capacity in the twelve month period ending Sep-2018; this report provides a snapshot of leading players and key market...
Solar trackers – market assessment and outlook
Tracker installations picked up significantly in India in 2017 due to decline in tracker prices and improved commercial viability. Output gains for single axis trackers have been observed at around 11-13% and 14-16% in northern and southern India respectively. Figure: Tracker based solar installations in India, MWDC In the face of falling module...
Floating Solar – opportunities and way ahead
Floating solar is a new and exciting application of solar PV technology. Conceptualised to overcome land availability issues, the technology has started gaining traction worldwide and is expected to grow strongly over the coming years. Annual capacity addition is expected to grow from an estimated 1.1 GW in 2018 to 4.6 GW by 2022. China is the leading international market followed by...
Water use in solar power sector
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...
India RE Map | September 2018
This is our first combined wind and solar info-graphic report. India added total utility scale wind and solar capacity of 9.5 GW in the last 12 months (down almost 20% y-o-y). The report provides a complete snapshot of the sector including installed and pipeline capacity breakdown by state, historic growth, leading states, key players and their market shares, tender results and our growth...
