india solar rooftop - emmvee solar - emmvee · andhra pradesh rajasthan tamil nadu telangana...
TRANSCRIPT
Jammu & Kashmir
Kerala
Maharashtra
Rajasthan
Haryana
Punjab
Chandigarh
Uttarakhand
Delhi
Jharkhand
Bihar
Chhattisgarh
Odisha
Andhra Pradesh
Tamil Nadu
Telangana
States with net metering
All figures in MW
www.bridgetoindia.com
Commercial Industrial Residential
OPEX2 CAPEX2
Public sector
16336 124
3
5321824
1593
3
204115
742
1
12822
14644
83 2
3
137 6 109 22
18 4 122
88 14 53 21
20 7
2
11
13 83
2
66 8 10 48
78 5 53 20
INDIA SOLARROOFTOPMAP 2017
North East*
States with gross metering
Total installed capacity: 1,396 MW1
as of March 31, 2017
4019 15 6
4318 421
Others
Gujarat87 35 33 19
Karnataka83 9 52 22
Uttar Pradesh 6816 40 13
MANIPUR, ASSAM, MEGHALAYA,TRIPURA, MIZORAM, NAGALAND,
SIKKIM, ARUNACHAL PRADESH
West Bengal 17773
Madhya Pradesh21 5 11 5
Total installed capacity (MWp) by CleanMax in the state
Lead sponsor Associate sponsor
228 77
313
239 1157
590 189 304
Net metering implementation statusas per a survey of industry participants3
GoodAveragePoor
MARCH
22
19
10
8
5.8
7
1.7% SUNSOURCE
2.5%
SUR
E EN
ERGY
0.9% HERO FUTURE ENERGIES0.9% MADHAV INFRA
1.0% STERLING & WILSON
1.1% VIKRAM SOLAR1.2% HARSHA ABAKUS
0.6% CHEMTROLS0.6% ASUN
2.2%
FOU
RTH P
ARTN
ER
0.8% KOTAK URJA0.8% INSOLARE0.7% MAHINDRA SUSTEN
0.4% PREMIER SOLAR
0.4% 8MINUTES
0.4% SUNSURE
0.4% CLEANMAX
0.3% EMMVEE
0.3% SOLAR TOWN
0.3% REIL
0.2% STATCON ENERGIAA
0.2% C&S ELECTRIC
0.2% ENERPARC ENERGY
0.2% RAYS POW
ER EXPERTS
1.6% BOSCH
1.3% SOLAR SQUARE
1.0% ORIANO SOLAR
1.7% U
JAAS
15.6% SELF EPC
BY PROJECT DEVELOPERS
0.6% ORB Energy
1.1% THERMAX
0.5% SWELECTES
1.3% RELYON
OTHERS 49.6%
6.4%
TAT
A PO
WER
SO
LAR
1.0% JAKSON
EPC contractorsMarket size- 678 MW
OTHERS 14.5%
24.0%
CLEANMAX SOLAR
AMPL
US
SOLA
R 8
.1%
10.9% AZURE POW
ER
11.7% CLEANTECH SOLAR
RAYS EXPERTS 4.1%
RATT
ANIN
DIA
5.4%RENEW 4.
8%
JAKSON 4.0%
HINDUJA RENEWABLES 3.4%
HERO FUTURE ENERGIES 2.7%
SURYADAY 1.9%
GMR 1.2%
PHOTON ENERGY 0.9%
MI SOLAR 2.5%
Project developersMarket size- 162 MW
Inverter suppliersMarket size- 678 MW
Annual market shareSystems installed between April 2016 - March 2017 (678 MW)
25.1% SM
A (incl Zever)
36.4% DELTA
KACO 5.6%
OTH
ERS 5.6%
STATCON ENERGIAA 2.3%
VISPRA 0.4%
FRONIUS 5.0%
SUNGROW
1.0%
SCHNEIDER 1.0%
CONSUL NEOWATT 2.5%
GROWATT 0.4%
ENERTECH 2.5%
SU-KAM 3.4%
ABB 5.9%
HUAWEI 1.4%
SOLAREDGE 1.3%
Installed capacity as on March 31, 2017
1,396 MW
INDIA SOLARROOFTOPMAP 2017
Estimated capacity addition in FY 2017-18
1,232 MW
Associate sponsor Lead sponsor
C-8/5, DLF Phase 1,Gurgaon - 122001 (HR)India
P +91 124 4204003E [email protected]
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For subscription and sponsorship enquiries, please contact – [email protected] BYBRIDGE TO INDIA
Until 2015 2016 2017e
0
500
1,000
1,500
2,000
2,500
3,500
4,000
3,000
2018e 2019e 2020e
Annu
al c
apac
ity in
stal
latio
n, M
W
Residential Public sector Commercial Industrial
We expect India's total rooftop solar capacityto reach 13.2 GW by 2021
2021e
Projections for rooftop solar capacity5
State wise installed capacity, as of March, 2017
0
500
1,000
1,500
2,000 2%
5%9%
3%7%
7%
2%
8%
24%
15%
5%11%
6% 70% 19%
X%
7% 88% 48% 44% 100%
Mah
aras
htra
Kar
nata
ka
Del
hi
Tam
il N
adu
Andh
raPr
ades
h
Odi
sha
Tela
ngan
a
Wes
t Ben
gal
Raj
asth
an
Punj
ab
Ker
ala
Utt
arPr
ades
h
Bih
ar
Har
yana
Jhar
khan
d
Chan
diga
rh
Mad
hya
Prad
esh
Guj
arat
Utt
arak
hand
Chha
ttis
garh
Capa
city
inst
alle
d, M
W
Utility scale solar capacity
Rooftop solar capacity
Percentage share of rooftop solar capacity
Notes:1. We have classified all on-site solar systems (including any ground based systems) as rooftop systems.
2. OPEX (operating expenditure) systems are owned and installed by third party investors on a PPA basis at the consumer’s premises. CAPEX (capital expenditure) systems are owned and installed by the consumer.
3. Survey participants include - in alphabetical order - 8 minutes, Asun, Bosch, Emmvee, Fourth Partner, Hero Future Energies, Jakson, Kotak Urja, Madhav Infra, Sunsource, SuRe Energy systems and Solar Square.
4. Rooftop system cost trends are calculated for a 500kWp rooftop system installed on an industrial shed.
5. The projections are based on a detailed market model created by BRIDGE TO INDIA. Economic viability has been considered as the primary driver for rooftop solar adoption. Impact of already known central and state level policy initiatives has also been considered to arrive at the final projections.
BTI India Rooftop Solar EPC Price Index4
March 2012 March 2013 March 2014 March 2015 March 2016 March 2017
Syst
em c
ost (
M/W
p)
0
10
20
30
40
50
60
70
80
90
100
Module Inverter BOS and others
Industrial Commercial
0%
20%
40%
60%
80%
100%
Public sector
CAPEX OPEX
CAPEX vs OPEX share by consumer category
India rooftop solar market- key insights and statistics
Until FY 2013 FY 2014 FY 2015
0
100
200
300
400
500
700
600
FY 2016 FY 2017
Annu
al c
apac
ity in
stal
latio
n, M
W
CAPEX OPEX
CAPEX vs OPEX share