8/10/2019 India Solar Rooftop Map 2014
1/2
Seamless support for end-to-end
solar solutions under one roof.
Inaneraofgrowingenergyneedsandrising
concernsaboutthe environment,Su-Kamoffers
awideportfolioofsolarproductsrangefrom100
wattsto100MW.Thisextensiverangeissuitable
forthe smallestresidentialhomesystems asalso
multi-megawattpowerplants.
SolarSolutions
Projects
Off-Grid
On-Grid
www.su-kam.comI TollFreeNo. 1800-102-4423
HIMACHAL PRADESH
JAMMU & KASHMIR
KERALA
285MW
285MW
GUJARAT
MAHARASHTRA
KARNATAKA
MADHYA PRADESH
RAJASTHAN
HARYANA
PUNJAB
CHANDIGARHUTTARAKHAND
DELHI
UTTAR PRADESH
JHARKHAND
BIHAR
WEST BENGAL
CHATTISGARH
ODISHA
ANDHRA PRADESH
TAMIL NADU
Sector
0.7
1.5
4.420.9
11.0
18.2
6.6
2.2
3.6
1.10.63.0
0.81.8
2.6
5.2
0.60.9
1.70.6
0.70.62.4
4.2
3.9
4.8
0.60.4
2.1
4.5
4.5
8.5
3.1
2.4
2.7
2.2
Sector
1.5
0.3
MNRESubsidy
3.7
7.4
2.4
Sector
13.5
9.812
15.1
9.8
Sector
16.3
Sector
50.3
Sector
4.7
Sector
3.7
MNRESubsidy
0.10.50.3 0.7
MNRESubsidy
7.5
MNRESubsidy
MNRESubsidy
1.9
MNRESubsidy
TELANGANA 0.60.9
1.7
Sector
3.2
Sector
12.4
MNRESubsidy
Sector
9.6
MNRESubsidy
Sector
3.1 Sector
12.9
MNRESubsidy
Sector
17.5
MNRESubsidy
1.1
1.0
2.1
7.2
Sector
10.3
5.2
6.4
3.5
Sector
15.1
3.1
1.0
6.1
2.13.9
3.9
1.9
Sector
9.7
States with net metering policy(including draft policies)
States with rooftop solar policy/scheme
Major presence of Su-Kam
Note
In case your company feels that any number/informationis
imprecise, please contact us
[email protected]
All figures in MW
www.bridgetoindia.com
MNRESubsidy
Sector
36.9
Commercial
With MNRE subsidy Without MNRE subsidy
Industrial Residential
6.9
3.7
5.7
97
35.9
76 112
249.6
Methodology
Inverter Suppliers- Grid TiedMarket share for this category is
based on our estimates thatout of total solar rooftop market of 285
MW (as of October 30th,2014), 173 MW is in the grid tied sector
(mainly commercial andindustrial)
The following companies have confirmed the data: Delta,Refusol,
Kaco, Fronius, OPS India, Swelect, Sukam, ABB andChint Solar.
Inverter Suppliers- Off Grid and HybridMarket share for this
category is based on our estimates thatout of total solar rooftop
market of 285 MW (as of October 30th,2014), 112 MW is in the off
grid and hybrid sector (mainlyresidential)
The following companies have confirmed the data: Sukam,Emerson,
OPS India and VISPRA
Installers- Industrial and Commercial SegmentMarket share for
this category is based on our estimates thatout of total solar
rooftop market of 285 MW (as of October 30th,2014), 173 MW is in
the grid tied sector (mainly commercial andindustrial)
The following companies have confirmed the data: Tata
PowerSolar, Lanco, Sunedison, Thermax, Emmvee, Novus Green,Kotak
Urja, Mahindra EPC, Vikram Solar, S&W, Solon, Ujaas,Azure,
Harsha Abakus, Bosch, Godrej 7 Boyce, Premier Solar,Fourth Partner,
Gautam Polymer, Addwatt, Rays Experts andSunsource
Others include, Gensol, HBL Power, OPS, Refex Energy,Martifer,
Jain Irrigations, GERMI and other small players
Installers- Residential segmentMarket share for this category is
based on our estimates thatout of total solar rooftop market of 285
MW (as of October 30th,2014), 112 MW is in the off grid and hybrid
sector (mainlyresidential)
The following companies have confirmed the data: Sukam,
TataPower Solar, Azure, Asun, Bosch and Godrej & Boyce.
Common Footnote for all analysisFor the first time in India,
BRIDGE TO INDIA publishescomprehensive data for the rooftop solar
market in India. Thismarket has huge potential, but is still
fragmented and in an
early stage. In order to collect the data, we interacted
witharound 100 installers and component suppliers for project
leveldata. Extrapolating from the project data and using our
ownmarket segmentation models, we conclude that the rooftopsolar
market in India as of October 2014 has a cumulativecapacity of 285
MW. However, as this was the first attempt atcollecting data from
this fragmented market, we were not onlyable to receive
comprehensive location, technology andcustomer data for the entire
installed capacity in the country.The data depicts the current
market share and might change inthe future. Further we have tried
to provide factual andaccurate data as far as possible. However,
this data has beencollected from various sources and we cannot
guarantee theintegrity of this data.
Sector
7.3
MNRESubsidy
Sector
10.3
3.6
5.7
1.0
Sector
13.3
3.7
6.6
3.0
0.9
MNRESubsidy
Sector
10.2
1.8
0.7
2.3
1.1
MNRESubsidy
Sector
4.8
Sector
3.2
MNRESubsidy
INDIA SOLAR
ROOFTOPMAP 2015
MANIPUR, ASSAM, MEGHALAYA,TRIPURA, MIZORAM, NAGALAND,SIKKIM,
ARUNACHAL PRADESH
Premium sponsor
Total installed capacity: 285 MWas of October 31, 2014
12.5%
TATAP
OWER
SOLAR
0.5% PREMIERSOLAR0.4%AZURE0.4%EL-SOLENERGY
0.2%BOSCH
0.9%MOSERBAER
0.4%QUANTAPOWER0.4%ASUN0.3%RADIANTSOLAR
0.1%GODREJ&BOYCE
1.1%WAAREE
OTHER
S62
.2%
20.6%
SU
-KAM
Installers -residential segment
1.9%SWEL
ECT(FORME
RLYNUMER
IC)
2.0%KO
TAKUR
JA2.3%NO
VUSGRE
EN
2.4%EM
MVEE
2.4%
AZUR
E
2.6%
THER
MAX
2.6%LANCO
2.9
%MOSERBAER
3 . 5 %
SUNEDISON
1.2%HEROFUTURESENERGY
1.1%HARSHAABAKUS
1.0%INSOLARE
0.9%SOLON
1.3%STERLING&WILSON1.3%REIL1.2%UJAAS
1.7% LUMINOUS
1.4%VIKRAMSOLAR
1.9%MAHINDRAEPC
0.9%BOSCH
0.9%JAKSO
N
0.8%GODREJ
&BOYCE
0.8%PREMIER
SOLA
R
0.7%FO
URTHPAR
TNER
0.6%CHEM
TROLS
0.6%JU
WI
OTH
ERS36
.2%
0.5%GAUTAMPLOYM
ERS
0.5%ADDWATT
0.4%RAYSEXPERTS
0.4%SUNSOURCE
TATAPOW
ERSOLAR
15.0%
L&
T6.4%
Installers - industrial andcommercial segment
Inverter suppliers -grid tied
Cumulative market shares(for rooftop projects commissioned until
October 2014)
23.1%SM
A
25.4%
DELTA
ADVA
NCE
DENER
GY21.4%
(includ
essha
reofR
efus
ol)
OTHERS11.3%
FRONIUS3.6%
SWELECT1.2%
(formerlyNum
eric)
ABB1.1%
AEG0.6%
CHINT0.2%
KACO8.1%
OPSINDIA1.7%
SU-KAM1.2%
NEO
WATT
0.6%
SIGNOTRON0.6%
Inverter suppliers -offgrid and hybrid
32.0%
SU-KAM
21.0%EMERSON
OPSINDI
A19
.0%
VISPRA13.0%
PPSENVIRO1.0%
ENERTECH4.0%
OTHERS10.0%
8/10/2019 India Solar Rooftop Map 2014
2/2
INVERTER SUPPLIERS
Su-Kam Power Systems Ltd.54, Udyog Vihar, Phase VI,
Sector-37Gurgaon - 122001,Haryana, India
Contact Person:Ashish Sethi(Vice President-Solar Projects)E:
[email protected]: +91 8800120046P: +91 124 4170500F: +91
124 4038702,4038700
www.su-kam.com
Solon India Pvt. Ltd.Corp office: # 147, Panchavati Colony,Road
No 10, Banjara Hills,Hyderabad 500034,Telangana State, India
E: [email protected]: +91 40 23399155F: +91 40
23399156
www.solon.com
EPC companies
Kirloskar IntegratedTechnologies Ltd.13/A, Karve Road,
Kothrud,Pune 411 038, India
Contact Person:Dr. Devendra GoyalMr. Rahul Desale
E:[email protected] [email protected]
[email protected]:+91 9552515301 +91 8605000745
www.kitlgreen.comwww.kirloskarsolar.com
Investment Bank / Financing
Greenstone Investment BankMafatlal Centre, 11th Floor,Nariman
Point,Mumbai - 400021, India
Contact Person:Rahul Goswami
E: [email protected]:+91 9930328107
www.greenstoneadvisory.com
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ra nd S el l y ou r s ol ar p ro du ct s
Commissioned
285MW
BRIDGET O INDIA,2 0 1 3 1
L IB RBankability
andDebtFinancingforSolar
ProjectsinIndia
INDIA SOLARDECISION BRIEF
BRIDGE TOINDIA,2013 Illus tra tion by Ka v y aBa gga
India solar compassThe India Solar Compass is a quarterly market
analysisreport on the developments in the Indian solar market.
Itcontains the latest key insights and analysis of the state
ofIndian policies, projects, industry and financing.
India solar handbookThe India Solar Handbook is an annual
introductory reporton the Indian solar market. It provides an
extensiveexamination on the Indian solar market by
answeringcritical questions on the market.
India solar policy briefs
In our India Solar Policy Briefs, we analyze the fastdeveloping
policy landscape and bring clarity to key aspects,such as
investment opportunities, power demand, andpayment security and
allocation procedures.
India solar decision briefsIn our India Solar Decision Briefs,
we give in-depth analysison specific aspects of the market. Our
latest report withGreenpeace analyzes the potential for rooftop
solar in Delhi.
Our reports
BRIDGET OINDIA,2 0 1 3 1
TheIndiaSolar
HandbookJune2013 edition
A completeindustryoverviewfor solar energyinIndia
INDIA SOLAR
ROOFTOPMAP 2015
Our services
About BRIDGE TO INDIA
BRIDGE TO INDIA is the leading boutique consultancy and
knowledge provider inthe Indian clean-tech market. We work with
leading Indian and internationalcompanies, governments and
Institutions. Through our different activities, we havea unique
vantage point on the market dynamics, combining the
comprehensive,constantly updated 360 degree view of our market
intelligence, the in-depthanalysis of our consulting efforts and
the on-ground understanding from projectdevelopment. Our goal is to
enable innovative clean-tech solutions in India.
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Thought leadership reportsAs a key stakeholder in the solar
market, BRIDGE TO INDIA regularly partners withimportant market
stakeholders to publish thought leadership reports that helpguide
the market. We try and do this through "pictures of tomorrow, based
on ananalysis of the economic, technical, regulatory and policy
fundamentals of solar inIndia. Recently we have worked with Tata
Power Solar, Greenpeace and Prayas. Ifyou want to partner with us
on such a report, please reach out to us.
For more details contact
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44%Projectdevelopers
20%Module & equipment
manufacturers andsuppliers
Others19%
8%
8%
1%
Financialinstitutionsand banks
EPCcompanies
Governmentofficials
How should india drive its solartransformation? Beehives
orelephants
This is a joint report by BRIDGE TO INDIA and TATA POWERSOLAR.
The report compares four distinct scenarios of solarpower
generation residential rooftops (solar bees), largerooftops (solar
pigeons), utility scale projects (solar horses)and ultra- mega
projects (solar elephants). Each scenario isanalysed in terms of
not only levelized cost of energy (LCOE)but also landed cost of
power (LCOP) which measures thecost to a consumer at the point of
consumption, rather thanat the point of generation. The report also
evaluates each ofthe four distinct scenarios in terms of speed of
deployment,implementation challenges and potential for job
creation.
The grid integration of distributed
solar photovoltaic (PV) in India
This is a joint report by BRIDGE TO INDIA and Prayas. Thereport
documents existing technical standards andpractices. It
specifically addresses (1) the quality of thesolar power being
injected into the grid, (2) safety issues,(3) ways in which
distributed PV can support the grid andhelp its own reliable
integration, and (4) the interaction ofdistributed PV and the
distribution LT grid. The objective ofthis report is to propose a
possible way forward fora structured and effective grid integration
of distributedPV in India.
Premium sponsor
Choose BRIDGE TO INDIA mediachannels for all your advertising
needsBRIDGE TO INDIA media channels offer advertisers the
opportunity to promotetheir business throughout the year on the
most targeted and respected platform inthe Indian solar industry.
Key benefits include:
High quality, unbiased content and impeccable reputation Focused
access to key decision makers in the private and public sector Wide
reach through a mix of print, online and social media
Our ReachThe estimated readership of our online specialized
content is more than 20,000and the estimated downloads for our
thought leadership reports are over 7,000.
You can use this link
http://www.bridgetoindia.com/our-reports/to read anddownload all
our reports
You can write to us at [email protected]
subscribe to ourweekly newsletters
281
491
669
279
502
677
223
476
598
Cumulative capacity addition by 2018 underdifferent
scenarios
Capacity(MW)
0
200
400
600
800
Commercial Industrial Residential
Methodology
Thekey differentiatorsin thescenariosare (1)
thesuccessfulimplementation of net-metering policiesand (2)
thedevelopment of grid powerprices.In theconservativescenario,
net-metering isavailableonly in afew statesand grid
powerpricesrisemore slowly than in thelast years.In
theaggressivecase, weassumethat most Indian stateswillhave
net-metering by 2016and tariffswillrise morerapidly than in thelast
years.
Conservative AggressiveBase
Cumulative capacity addition by 2018
Maharashtra
Karnataka
Delhi
TamilNadu
And
hraPradesh
Odisha
Jamm
u&Kasmir
WestBengal
Rajasthan
Punjab
UttarPradesh
Bihar
Haryana
Jharkhand
Capacity(MW)
Kerala
Mad
hyaPradesh
Gujarat
Chhattisgarh
Himac
halPradesh
Uttarakhand
0
50
100
150
200
250
300
350
400
450
Commercial
Industrial
Residential
2014 2015 2016 2017
0
100
200
300
400
500
600
700
800
Rooftop solar y-o-y capacity addition
2018
Methodology
Forindustrialand commercialconsumers, themain driving factorto
gosolaris economicattractiveness.Asgrid powercostsrise and
solarcosts fall,theadoption of rooftop
solarincreases.Calculationshavebeen at thestate leveland then
aggregated forthe nationaltotal.No government incentiveshavebeen
considered in theseprojections.However, weassume that net-metering
willbewidely available.
Forresidentialconsumers, economicviability willnot bethe key
driverin theinitialyears.Instead, growthwill bedriven by theneed
forpower(especially in medium and smallcities) and other
non-economicmotives.
Capacity
(MW)
Commercial(CAGR 99%)
Industrial(CAGR 133%)
Residential(CAGR 82%)
By 2018, cumulative 1.5 GWof rooftop solar is expected
to be installed in India
Projections for rooftop solar
Grid parity status for residential consumers
0
2
4
6
8
10
12
Maharashtra
Karnataka
Delhi
AndhraPradesh
Telangana
WestBengal
TamilNadu
Rajasthan
Punjab
Kerala
Odisha
Bihar
Haryana
HimachalPradesh
Assam
Jharkhand
MadhyaPradesh
Gujarat
Uttarakhand
Chhattisgarh
Assumptions
Residentialgrid tariff aredefined telescopically.Wehave taken
weighted average calculated for400kWh consumption permonth Cost of
solarpoweriscalculated using BTI financialmodelusing following
assumptions System size 4kWp Escalation in cost 4%per annum
of solarpower(w.r.t. tariff in 1st year) EIRR 15% EPCcost M85/Wp
O&M cost M80,000p.a. O&M escalation 6%p.a.
Annualdegradation 0.80% Effectivetariff =Base tariff +30
paise(additionalcharges/taxes)
Effectivetariff(M/kWh)
Costof solarpower
UttarPradesh
Grid parity status for industrial consumers
0
2
4
6
8
10
12
Maharashtra
Karnataka
Delhi
TamilNadu
AndhraPradesh
Odisha
Telangana
WestBengal
Rajasthan
Punjab
UttarPradesh
Bihar
Haryana
HimachalPradesh
Assam
Jharkhand
Uttarakhand
Assumptions
Cost of solarpoweriscalculated using BTI financialmodelusing
following assumptions System size 100kWp Escalation in cost 4%per
annum of solarpower(w.r.t. tariff in 1st year)
EIRR 15% EPCcost M68/Wp O&M cost M1lakhp.a. O&M
escalation 6%p.a. Annualdegradation 0.80% Effectivetariff =Base
tariff +40 paise(additionalcharges/taxes)
Effectivetariff(M/kWh)
ViablewithoutAD
Costof solarpower
Costof solarPowerwithAcceleratedDepreciation (AD)
ViablewithAD
Kerala
MadhyaPradesh
Gujarat
Chhattisgarh
Grid parity status for commercial consumers
Grid Parity Status
0
2
4
6
8
10
12
Maharashtra
Karnataka
Delhi
TamilNadu
AndhraPradesh
Odisha
Telangana
WestBengal
Rajasthan
Punjab
Kerala
UttarPradesh
Bihar
Haryana
HimachalPradesh
Assam
Jharkhand
MadhyaPradesh
Gujarat
Uttarakhand
Chhattisgarh
Assumptions
Cost of solarpowerhas been calculated by using following
assumptions:System size 50kWp
Escalation in cost 4%per annum of solarpower(w.r.t. tariff in
1st year)
EIRRexpectation 15% EPCcost M70/Wp O&M cost M100,000p.a.
O&M escalation 6%p.a. Annualdegradation 0.80%
Effectivetariff =Base tariff +40
paise(additionalcharges/taxes)
Effectivetariff(M/kWh)
ViablewithoutAD
Costof solarpower
Costof solarPowerwithAcceleratedDepreciation (AD)
ViablewithAD
