Commercial solar rooftops dominate as India nears 6 GW

Sep 16, 2020 11:49 AM ET
  • Bridge to India figures show dominance of Chinese inverters, which provided practically 80% of installs from July last year to the end of June.
Commercial solar rooftops dominate as India nears 6 GW
Image: Amp Energy

India reached 5,953 MW of roof solar generation capacity at the end of June, with 1,140 MW added since July last year, according to the most recent roof solar map released by consultant Bridge To India.

Of the cumulative overall, commercial and commercial (C&I) arrays contributed 4,373 MW, residential 804 MW and public market sets up 776 MW with the capital investment (capex) repayment upfront version totaling up to 69% (4,102 MW) of purchases. The equilibrium of acquisitions were by companies who own and also mount varieties on leased, third-party roofs in return for electrical power invoices, under the operating expense (opex) technique. In the year to July, capex acquisitions made up 61% of the 1,140 MW number.

Leading states

Maharashtra is India's rooftop solar funding, with 851 MW of generation ability made up of 784 MW of C&I systems, and 67 MW of public market ranges. Rajasthan, with 526 MW of rooftop ability, rates following, followed by Tamil Nadu, with 481 MW. Commercial and also industrial selections provided 92% of the rooftop market across those three states.

Himachal Pradesh, with just 15 MW of roof capability, and Bihar (27 MW) brought up the rear in the state figures.

Capex

In installer terms, Hyderabad-based Fourth Partner Energy claimed 7.5% of the market to the end of June, marginally ahead of Mumbai's Tata Power (7%), with Ahmedabad firm Prozeal Infra taking 3.7% of the trade and also Mumbai's Mahindra Susten 3.6%.

Singapore-based Cleantech Solar remained to control the third-party rooftop sector, representing a 15.3% share of a 443 MW market from July to June. It was complied with by Gurgaon's Amplus Solar (13.6%) and Fourth Partner (13.4%).

Chinese suppliers remained to control the inverter market over the latest full-year, with Growatt providing around 23.3% of the year's 1,140 MW market, followed by Sungrow (22.9%) and also Solis (13.9%). Goodwe (12.2%) as well as Huawei (6.8%) were the various other 2 Chinese makers which ranked amongst the leading six distributors. Taiwanese company Delta rounded out the top 6, with an 8.6% slice of the marketplace.




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