Mercom: India Installed 3.2 GW Solar In CY 2020
COVID-19 Related Disruption Lowered Indian Solar PV Installations By 56% Annually With 3.2 GW Added During Calendar Year 2020, Says Mercom India Research; Forecasts Country To Add Over 10 GW In 2021
The Indian solar market suffered majorly from the impact of the COVID-19 pandemic due to lockdown related challenges.
India Installed 24.33 GW PV Till October 2018
India’s Solar Power Installed Capacity As Of October 31, 2018 Reached 24.33 GW, Says Indian Ministry Of New & Renewable Energy; Country Committed To Tendering 30 GW Each In Fiscal Year 2018-19 & 2019-20
Annual installations for solar show FY2017-18 as the best fiscal year for solarPV installations in India when the number crossed 9 GW.
India Tendered Close To 10 GW In 2017
2017 Saw Over 9.5 GW of Solar Power Capacity Tendered by Government Agencies in India, According to Mercom Research
Following the Bhadla Solar Park Phase III auction in May 2017, there was a lull in tender activity. That slump was overcome by the MNRE declaring major tender capacity plans for December 2017 and onward, according to Mercom.
Tata Is Largest Indian PV Rooftop Installer
In Very Diversified Indian Rooftop Solar Space Tata Power Solar Holds 20% Market Share
While Tata Power Solar of the Tata Group holds a 20% market share in the rooftop installation segment in India, followed by Clean Max Enviro Energy (9%), all of the many other, mostly Indian, competitors in that field, each have shares below 5%.
ABB Leads Indian PV Inverter Market
International PV Inverter Manufacturers Hold 96% Market Share In India, says Mercom Capital
While two European companies, ABB and SMA, lead the PV inverter market in India so far, Chinese company Chint follows on rank 3, ahead of Japanese JV Toshiba Mitsubishi Electric Industrial Systems Corporation (TMEIC) and Schneider Electric from France.
Tamil Nadu Tender Receives Unenthusiastic Response
Small Developers Only Show Interest In 116 MW Of A Total Of 500 MW Solar Capacity Tendered By Tamil Nadu
Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) has not seen a very warm response to its 500 MW PV tender launched in October 2016. It received 20 bids for a cumulative capacity of only 116 MW from smaller developers.
India’s Adds Nearly 2 GW PV Since April
India Commissions 137% More PV from April to October YoY; Government Expects 11 GW On-Grid Solar By End of FY2016-17
While India in October saw only half of the new PV capacity that was added in September, in the months from April to October nearly 2 GW was installed - that's around 137% more than in the same period last year.
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