india solar rooftop...public sector total installed capacity: 5,440 mw¹,³ as on 31 december 2019...

2
INDIA SOLAR ROOFTOP MAP 2019 DEC 464 86 349 29 56 18 27 11 46 9 27 10 45 21 9 15 54 36 12 6 46 17 22 7 22 13 2 7 812 57 595 160 68 18 22 28 482 42 375 65 31 9 25 3 9 156 13 63 80 273 28 171 74 207 146 75 28 43 369 61 266 42 389 52 220 117 304 122 114 69 Manipur, Assam, Meghalaya, Tripura, Mizoram, Nagaland, Sikkim, Arunachal pradesh Puducherry, Dadra & Nagar Haveli, Goa, Daman & Diu, Lakshadweep, Andaman & Nicobar Islands 115 23 52 40 Others Jammu & Kashmir Kerala Maharashtra Rajasthan Haryana Punjab Chandigarh Uttarakhand 10 5 5 Himachal Pradesh Jharkhand Bihar Chhattisgarh Odisha Andhra Pradesh Tamil Nadu Telangana North East Gujarat Karnataka Uttar Pradesh West Bengal Madhya Pradesh 274 31 217 26 131 38 50 43 6 16 EPC contractors Market size - 1,534 MW Annual market share 1 Capacity installed in 2019 (1,534 MW) Inverter suppliers Market size - 1,534 MW Project developers Market size - 520 MW www.bridgetoindia.com All figures in MW Commercial Industrial Residential OPEX² CAPEX² Public sector Total installed capacity: 5,440 MW¹ , ³ as on 31 December 2019 1,116 1,523 3,917 2,848 728 748 Lead sponsors 13 Capacity addition in 2019, MW >140 61-140 21-60 <20 Policies Tenders Projects Leading players Prices News Special comment Powered by Navigator India Solar www.indiasolarnavigator.com Enquiries - [email protected] | +91 124 420 4003 Inverters supplied by SolarEdge in the state in 2019 Inverters supplied by Solis in the state in 2019 ABB 4.56% HUAWEI 3.91% SOLAREDGE 3.59% SMA 3.26% FRONIUS 1.83% STATCON 1.30% HAVELLS 1.04% OTHERS 1.96% DELTA 12.39% GOODWE 9.78% 20.86% GROWATT 18.25% SOLIS 17.28% SUNGROW 15.40% CLEANTECH SOLAR 11.71% AMPLUS 11.54% AZURE 10.75% CLEANMAX FOURTH PARTNER 8.23% SUNSOURCE 6.51% RENEW 6.12% HERO FUTURE 3.35% ORB ENERGY 0.64% ADDWATT 0.53% AMP SOLAR 0.41% GSE RENEWABLES 0.38% HFM SOLAR 0.26% TATA POWER 0.24% ENERPARC 0.22% JAKSON 0.08% OTHERS 23.63% 6.55% TATA POWER 5.39% FOURTH PARTNER 4.25% PROZEAL INFRA 2.59% SUNSURE 2.73% MAHINDRA SUSTEN 1.80% SUNSHOT 1.35% BOSCH 1.24% ADDWATT 1.05% HAVELLS 1.01% VIKRAM SOLAR 0.97% ORB ENERGY 0.67% STERLING & WILSON 0.62% HARSHA ABAKUS 0.55% BELECTRIC 0.53% ENERPARC 0.53% TORP SYSTEMS 0.46% THERMAX 0.46% SOLAR SQUARE 0.39% HARTEK 0.34% ASUN 0.31% ARGO SOLAR 0.26% SUNSOURCE 0.24% WAAREE 0.24% SUNINFRA 0.24% FREYR ENERGY 0.23% RAYS POWER INFRA 0.21% ORIANO SOLAR 16.786% SELF-EPC OTHERS 48.01% 73 101 33 Analyst time India Renewables Outlook 2024 India Solar Rooftop Market Analytics Forecasting and Scheduling Regulations Solar Park Development in India Latest premium reports Customized rep India RE Week 166 89 23 55 Delhi Sector overview Capacity addition Key sub-sectors Module manufacturing Technology and prices Land availability Transmission infrastructure Financing India Renewables Outlook 2024 Subscription enquiries : [email protected]

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Page 1: INDIA SOLAR ROOFTOP...Public sector Total installed capacity: 5,440 MW¹,³ as on 31 December 2019 1,116 1,523 3,917 2,848 728 748 ... Financing India Renewables Outlook 2024 Subscription

INDIA SOLARROOFTOPMAP 2019 DEC

46486 349 29

5618

2711

469

27

104521

9

15

5436

12 6

4617

227

2213 2

7

812 57 595 160

6818

22 28

482 42 375 65

31 9

25

3

9

15613

63 80

273 28 171 74

207

14675 2843

369 61 266 42

389 52 220 117

304122 114 69

Manipur, Assam, Meghalaya,Tripura, Mizoram, Nagaland,Sikkim, Arunachal pradesh

Puducherry, Dadra & Nagar Haveli,Goa, Daman & Diu, Lakshadweep,Andaman & Nicobar Islands

11523 52 40

Others

Jammu & Kashmir

Kerala

Maharashtra

Rajasthan

Haryana

Punjab

Chandigarh

Uttarakhand

105

5Himachal Pradesh

Jharkhand

Bihar

Chhattisgarh

Odisha

Andhra Pradesh

Tamil Nadu

Telangana

North East

Gujarat

Karnataka

Uttar Pradesh

West Bengal

Madhya Pradesh274 31 217 26

131 38 50 43

6

16

EPC contractorsMarket size - 1,534 MW

Annual market share1Capacity installed in 2019 (1,534 MW)

Inverter suppliersMarket size - 1,534 MW

Project developersMarket size - 520 MW

www.bridgetoindia.com

All figures in MW

Commercial Industrial Residential

OPEX² CAPEX²

Public sector

Total installed capacity: 5,440 MW¹,³as on 31 December 2019

1,116

1,523 3,917

2,848 728 748

Lead sponsors

13

Capacity addition in 2019, MW

>14061-14021-60<20

Policies Tenders Projects Leading players Prices News Special comment

Powered by

NavigatorIndia Solar www.indiasolarnavigator.com

Enquiries - [email protected] | +91 124 420 4003

Inverters supplied by SolarEdge in the state in 2019

Inverters supplied by Solis in the state in 2019

ABB 4.56%

HUAWEI 3.91%

SOLAREDGE 3.59%SM

A 3.26%FRON

IUS 1.83%

STATCON 1.30%

HAVELLS 1.04%

OTH

ERS 1.96%

DELTA 12.39

%

GOODWE 9.78%

20.86

% G

ROW

ATT

18.25% SOLIS

17.28% SU

NG

RO

W

15.4

0% C

LEAN

TECH

SOL

AR

11.71% AMPLUS

11.54% AZURE

10.75% CLEAN

MAX

FOU

RTH

PAR

TNER

8.2

3%

SUNSOURCE 6.51

%

RENEW 6.12%

HERO FUTURE 3.35%

ORB ENERGY 0.64%ADDWATT 0.53%

AMP SOLAR 0.41%

GSE RENEWABLES 0.38%

HFM SOLAR 0.26%

TATA POWER 0.24%

ENERPARC 0.22%

JAKSON 0.08%

OTHERS 23.63%

6.55

% T

ATA

POW

ER

5.39%

FOU

RTH P

ARTN

ER

4.25% PROZEAL INFRA

2.59% SUNSURE2.73% MAHINDRA SUSTEN

1.80% SUNSHOT

1.35% BOSCH

1.24% ADDWATT

1.05% HAVELLS1.01% VIKRAM SOLAR0.97% ORB ENERGY0.67% STERLING & WILSON

0.62% HARSHA ABAKUS0.55% BELECTRIC0.53% ENERPARC

0.53% TORP SYSTEMS

0.46% THERMAX

0.46% SOLAR SQUARE

0.39% HARTEK

0.34% ASUN

0.31% ARGO SOLAR

0.26% SUNSOURCE

0.24% WAAREE

0.24% SUNINFRA

0.24% FREYR ENERGY

0.23% RAYS POWER INFRA

0.21% ORIANO SOLAR

16.786% SELF-EPC

OTHERS 48.01%

73 101 33

Analyst time

India Renewables Outlook 2024

India Solar Rooftop Market Analytics

Forecasting and SchedulingRegulations

Solar Park Development in India

Latest premium reports

Customized rep

INDIA RE CEO SURVEY 2018

Lead sponsor

INDIA SOLAR COMPASS 2018

Surge of new tenders and fall in moduleprices bring hope to the sector

It’s raining tenders

India RE Week

166892355Delhi

Sector overview

Capacity addition

Key sub-sectors

Module manufacturing

Technology and prices

Land availability

Transmission infrastructure

Financing

India Renewables Outlook2024

Subscription enquiries : [email protected]

Page 2: INDIA SOLAR ROOFTOP...Public sector Total installed capacity: 5,440 MW¹,³ as on 31 December 2019 1,116 1,523 3,917 2,848 728 748 ... Financing India Renewables Outlook 2024 Subscription

Notes:

1. Methodology

BRIDGE TO INDIA has conducted an extensive data collection exercise and relied on multiple market sources including project developers, equipment suppliers and state nodal agencies to provide accurate, factual information as far as possible. Some suppliers were either unreachable or did not validate the data available with us. All data has been cross-referenced with data provided by government departments and other market players, where possible. However, we do not guarantee completeness or accuracy of any information.

We have classified all onsite solar systems (including any ground-based systems) as rooftop solar systems.

All capacity numbers are specified in AC MW.

2. OPEX (operating expenditure)-based systems are owned and installed by third-party investors at consumer premises. CAPEX (capital expenditure)-based systems are financed and owned by the consumers.

3. Installation data by state is not available for residential consumers.

Capacity installed by business model²YoY share of OPEX model has increased from 4% in 2013 to 34% in 2019

NavigatorIndia Solar

Leading players

www.indiasolarnavigator.com

PEW

+91 124 4204003

[email protected]

C-8/5, DLF Phase 1, Gurugram - 122001 (HR), India

© BRIDGE TO INDIA Energy Private Limited

www.facebook.com/bridgetoindiawww.twitter.com/bridgetoindia

Top 10 project developersRankings

Top 10 EPC contractors

Year ending2016

Year ending2017

Year ending2018

Year ending2019

Rankings

Lead sponsors

Subscribe to the deepest market insights

Analyst time

India Renewables Outlook 2024

India Solar Rooftop Market Analytics

Forecasting and SchedulingRegulations

Solar Park Development in India

Latest premium reports

Customized rep

INDIA RE CEO SURVEY 2018

Lead sponsor

INDIA SOLAR COMPASS 2018

Surge of new tenders and fall in moduleprices bring hope to the sector

It’s raining tenders

India RE Week

Year ending2016

Year ending2017

Year ending2018

Year ending2019

1 1 1

3

6

2

4 4

3

2 2

4

3

6

7

6

5 5

7

8

9

10

Cleantech Solar

Amplus

Azure

CleanMax

Fourth Partner

SunSource

Renew Power

Hero Future

Orb Energy

Addwatt

2

4

3

1

5 5

8

Tata Power

Fourth Partner

Prozeal Infra

Mahindra Susten

Sunsure

Sunshot

Bosch

Addwatt

Havells

Vikram Solar

1 1

2

1

2

1

2

5

44

5

7

6

7

10

8

9

10

9

33

7

6

3

0%

5%

10%

15%

20%

25%

30%

35%

40%

-

200

400

600

800

1,000

1,200

Until 2013 2014 2015 2016 2017 2018 2019

For subscription enquiries, please contact – [email protected]

India RE Weekly Our analytical comment on latest developments in the sector

A comprehensive online market intelligence tool with detailed information covering tenders, projects, government policies, leading players, pricing trends, news etc.

India Solar CompassA quarterly sector update covering project and tender progress, auctions, industry players, policies and other market trends

India RE Market Brief Quartely reports with a deep dive into critical issues facing the sector

Analyst time Your chance to ask us what you want, when you want

NavigatorIndia Solar

Subscribe to the most comprehensiveinsight into India’s burgeoning RE sector

OPEX CAPEX OPEX share

INDIA SOLARROOFTOPMAP 2019 DEC

www.bridgetoindia.com

Lead sponsors

Leadd spsponsponsorssors

Total installed capacity as on 31 December 2019

5,440 MW

2015 2016 2017 2018 2019

337 MW 556 MW

1,082 MW

1,645 MW1,534 MW

INDIA SOLARROOFTOPMAP 2019 DEC

Capacity addition in top states, MW³

Share of different consumer segmentsShare of Industrial consumers has increased steadily from 32% to 63%

Commercial Industrial Public sector Residential

Until 2015 2016 2017 2018 2019

24% 23%19%

21% 19%

63%

7%

12%

54%

15%

10%

49%

21%

11%

48%

15%

14%

32%11%

34%

Total installation:623 MW 556 MW 1,082 MW 1,645 MW 1,534 MW

Maharashtra

Rajasthan

Madhya Pradesh

Tamil Nadu

Karnataka

Gujarat

Andhra PradeshHaryana

Uttar Pradesh

Delhi

Other states

-

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

Until 2015 Until 2016 Until 2017 Until 2018 Until 2019

Top five states accounts for 54% of total installed capacity