India included 1534 MW of roof solar in fiscal year 2019

May 4, 2020 12:15 PM ET
  • China's Growatt became the biggest roof solar inverter distributor, asserting around 21% of the 1534 MW market, complied with by opponents Solis (18%) and also Sungrow (17%).
India included 1534 MW of roof solar in fiscal year 2019
Image: Amp Energy

India's collective mounted ability of roof solar stood at 5440 MW as on December 31, 2019, with 1534 MW included the fiscal year 2019.

Of the complete 5440 MW, commercial and also industrial (C&I) roofs represented 3964 MW, property 748 MW and also public industry setups 728 MW-- according to the most recent roof solar map launched by expert Bridge To India.

Capex guidelines!

The capital investment (capex) repayment design, under which systems are acquired as well as possessed by customers, represented the bulk (72%)-- 3917 MW-- of roof installments.

The staying 28% (1523 MW) was set up under the operating expense (opex) option-- where systems are had as well as set up by third-party financiers.

Maharashtra leads

Maharashtra is the biggest roof solar base with 812 MW of generation ability, making up 595 MW of commercial systems, 160 MW of industrial as well as 57 MW of public market selections.

Rajasthan, with 482 MW of roof capability, rates following-- carefully complied with by Tamil Nadu at 464 MW.

In all these 3 states with each other, commercial market make up mass (75%) of the roof installment.

States with the most affordable roof solar setup consist of Himachal Pradesh (10 MW) as well as Bihar (22 MW).

Leading gamers throughout 2019

Throughout year 2019, China's Growatt became the biggest roof inverter distributor, asserting around 21% of the 1534 MW market, adhered to by opponents Solis (18%) as well as Sungrow (17%).

Cleantech Solar-- with a 15.4% market share-- was the leading solar roof developer, complied with by Fourth Partner (12.3%) as well as Amplus (11.7%).


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