India Solar Rooftop Map 2018 – OPEX market makes its mark in the rooftop segment

New Delhi, July 30, 2018: BRIDGE TO INDIA, a leading consulting and knowledge services provider in the Indian renewable energy market, has released latest edition of its India Solar Rooftop Map report (March 2018 edition). As per the report, total rooftop capacity has reached 2,538 MW with installation of 1,142 MW in FY 2017-18.

  • The market continues to grow rapidly with growth of 68% in FY2017-18 but growth has slowed down in comparison to last year (81%);
  • OPEX model, where third party developers own and develop the projects on customer sites, is growing faster than the rest of the market (164% y-o-y) and added 392 MW capacity in the year;
  • Maharashtra remains the leading state with total installed capacity of 309 MW, followed by Tamil Nadu (253 MW), and Gujarat (170 MW);
  • Commercial and industrial (C&I) consumer market segments dominate the market accounting for 64% share; residential rooftop solar market has grown at 65% in FY 2017-18 and reached 503 MW
  • There has been some churn in the leading player rankings – Cleantech Solar is the new market leader in project developer category with a share of 16%; it is followed by Cleanmax Solar (13%), ReNew (10%);
  • In the inverter market, even after losing market Delta continues to lead with a market share of 28% (36% last year), however Chinese suppliers including Growatt, K-Star, Solis and Huawei have substantially growth their presence with a combined share of 23%;
  • EPC market is becoming more fragmented with top ten players having a share of only 18% (21% last year) as small regional players compete strongly on price; top three players include Tata Power (6%), Fourth Partner (3%) and Sunsure (2%);
  • More than 527 MW of rooftop solar tenders were issued by public sector entities in FY 2017-18 although actual capacity addition in this segment remains weaker than expected;

Speaking on release of the report, Vinay Rustagi, Managing Director, BRIDGE TO INDIA, said, “The rooftop solar market witnessed lot of uncertainty last year because of GST, safeguard and customs duties. Activity was slow for most of the year but picked up substantially in the last quarter of FY 2017-18. With ongoing fall in module prices and more formal investment coming into this market, future outlook is bright. But unless the government introduces some big-bang policy initiatives in this area, we are on track to touch 10 GW by March 2022, way short of the official targets.”


BRIDGE TO INDIA is a leading consulting and knowledge services provider in the Indian cleantech market. Our multi-functional experience expertise combined with comprehensive in-house research capability enable us to develop insightful and highly sought-after industry analysis. Our overarching goal is to provide customised cleantech solutions and enable innovative business models in India.

We work actively with all leading stakeholders including project developers and investors, energy customers, equipment suppliers, regulators, policy makers and development institutions. We have also helped several international top-tier cleantech companies in growing their business footprint in India by providing them with strategic advice, business planning, risk assessment and JV partner selection services.

About India Solar Rooftop Map:

The latest India Solar Map provides a snapshot of the Indian solar rooftop market as of March 2018 together with player market shares, project developer pipelines during last financial year (FY 2017-18).

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