Market trends

Webinar Insights: “Residential Rooftop Solar Market Evolution in India” With a total installed capacity of about 4 GW, the Indian rooftop solar market have been driven by installations in the C&I segment, which account for about 75% of the total installations. However, with this segment becoming increasingly saturated, players are turning to other segments such as the residential customers which have been relatively untapped, for higher growth opportunities. With the intent to understand the ongoing as well as anticipated developments…

Webinar Insights: “Understanding Recent Solar Tariff Trends in India” Solar tariff trends in the past have been very aggressive in India, reaching an all-time low of Rs. 1.99/unit in December 2020. However, since then, there has been an upward trend in tariffs. For instance, in the months of July and August, six auctions were concluded, adding up to a total of 3.7 GW of allotted projects. For plain vanilla solar tenders, the lowest tariff is Rs. 2.14/unit for the RUMSL…

Will bifacial solar modules be the next big thing for India? With falling price differential between mono and bifacial solar modules, installation of bifacial modules is likely to pick up pace in India as well. India’s first utility-scale solar plant with bifacial modules (400Wp swan bifacial panels by Jinko Solar) was recently commissioned by Fortum in May 2021. It has a DC capacity of 124 MW and is located in Jaisalmer, Rajasthan. Bifacial panels, as the name suggests, are solar…