Skip to content

Bridge to India

Recent trade conflicts to reduce India’s total solar installed capacity to 6 GW in 2018

According to Bridge to India’s ‘India Solar Compass’ report, new capacity additions in 2017 totaled 9,255 MW, up 94% on 2016. However, Q4 2017 was slow in terms of project commissioning with just 1,503 MW of utility-scale projects commissioned. Moreover, execution costs have increased by around 18% in just six months.

1

The weekend read: Foggy days ahead for Indian solar

India is planning to impose a safeguard duty this year to protect its domestic solar manufacturing sector. Many in the industry earnestly believe that if such duties were to be imposed, then a slowing down in market growth would be inevitable. However, the Indian Solar Manufacturers Association (ISMA) believes this will not be the case. Either way, this duty has created unwanted uncertainty in the market.

7

India installs 1,861 MW rooftop PV, Maharashtra leads the market

India has installed total 1,861 MW rooftop PV as of September 2017 as the state of Maharashtra overtakes Tamil Nadu to become largest for rooftop solar, as per latest report by Bridge to India. Analysts have revised India’s rooftop projection to 10.8 GW by 2021.

1

Indian large-scale solar growth could slow to 5-6 GW next year, finds Bridge to India

The Indian solar market is presently undergoing many challenges, including the GST effects, high module process and decelerating power demand. India’s utility sector is expected to stabilize at a much lower 5-6 GW growth rate per annum for the next two-three years, says Bridge to India.

1

Indian renewable power developers queue for initial public offerings

It is expected that more and more Indian developers will be listed on IPOs in the coming years as an effective means to raise the equity for new power projects.

India heading to 20 GW of installed capacity by the end of this financial year

In the last four quarters in India 7.5 GW were installed. The total accumulative capacity reached 16.2 Gigawatt, reports Bridge to India. After rapid growth in the last quarters the market will probably slow down somwhat.

1

India in line for 9.4 GW solar additions in 2017, says Bridge to India

Report by market analysts forecasts India to become world’s third-largest solar market for 2017 but warns of headwinds including rising competition forcing down tariffs, uncertainty caused by anti-dumping issue, and potential rising module prices.

1

ABB, Trina Solar dominant in thriving Indian market, finds Bridge To India

Latest Indian Solar Map by analysts Bridge To India finds that Trina Solar has 25.7% of module market share, with ABB top of inverter charts on 28.6% share. Solar sector poised to grow by at least 8 GW this year.

India: solar tax hike could increase power project prices, say industry heads

The 18% Goods and Services Tax rate for solar cells and modules could pose significant threat to around 10 GW of ongoing utility-scale solar projects, says Bridge to India.

1

This website uses cookies to anonymously count visitor numbers. View our privacy policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close