White Paper: India Solar Market – Q3 2020: Market Drivers and Challenges

Get interesting facts and figures about the Indian solar market.

Indian solar market added ~1.73 GW of solar in the first nine months (9M) of 2020, with cumulative solar installations stood at 37.4 GW at the end
of Q3 2020.

In Q3 2020, India added a total of 438 MW of solar installations, a decline of 80% YoY compared to 2,177 MW installed in Q3 2 019. Large-scale installations accounted for 65% while rooftop solar made up with 35%. India’s cumulative solar installations reached 37.4 GW at the end of Q3 2020.

By the end of Q3 2020, large-scale solar projects accounted for 87% of the total solar installed capacity with ~32.6 GW and solar rooftop accounted for 13% with ~4.8 GW installed capacity.

Download the White Paper here: White Paper: India Solar Market

Further Content

Experts Speak

Interview with Dr. Omkar Jani, President and Chief Technology Officer, Reliance New Energy

February 27, 2024

Dr. Omkar Jani, President and Chief Technology Officer, Reliance New Energy, shares his insights on the growth of the Indian solar PV market.

Expert Interview

Interview with Ms. Priya Selvaraj, Vice President and Country Head of Gamesa Electric in India

February 15, 2024

Ms. Priya Selvaraj from Gamesa Electric talks about the current state of development of the market and gives a glimpse into the future.

Expert Interview

Interview with KN Sreevatsa, Country Managing Director, FIMER INDIA

February 7, 2024

KN Sreevatsa, Country Managing Director, FIMER INDIA, analyzes the growth of the inverter and solar PV market, fuelled by government support and R&D advancements. He also explores India's potential as a green hydrogen hub and highlights FIMER's contributions to the energy storage industry and its long-standing collaboration with Intersolar India.

Experts Speak

Interview with Avinash Hiranandani, Vice Chairman & Managing Director, RenewSys India

January 18, 2024

Avinash Hiranandani, Vice Chairman & Managing Director, RenewSys India, shares his insights on the growth of RenewSys and the Indian solar market over the years, how can India become globally competitive, and Intersolar India as a critical market for the solar sector.

Expert Interview

ETI E&C Redefining Floating Solar

January 18, 2024

In this captivating interview, Jason Eom, CEO, ETI E&C, offers valuable insights into ETI’s mission and values, growth opportunities in India, and its groundbreaking innovation, ECOFLOAT for floating solar PVs.