india solar rooftop - homepage - bridge to indiaindia solar rooftop map 2015 manipur, assam,...

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Seamless support for end-to-end solar solutions under one roof. In an era of growing energy needs and rising concerns about the environment, Su-Kam offers a wide portfolio of solar products range from 100 watts to 100 MW. This extensive range is suitable for the smallest residential home systems as also multi-megawatt power plants. Solar Solutions f 5RRI 7RS2Q *ULG DQG 2II *ULG 6ROXWLRQV f +RPH /LJKWLQJ 6ROXWLRQ IURP ZDWW WR ZDWW f '& +RPH /LJKWLQJ 6ROXWLRQV Projects Off-Grid f 8WWDU 3UDGHVK 1HZ (QHUJ\ 'HYHORSPHQW $JHQF\ f 7ULSXUD 5HQHZDEOH (QHUJ\ 'HYHORSPHQW $JHQF\ f 7DPLO 1DGX (QHUJ\ 'HYHORSPHQW $JHQF\ f *$7(6 ,QVWLWXWH RI 7HFKQRORJ\ f $VVDP 6WDWH (OHFWULFLW\ %RDUG f $VVDP 5LIOHV On-Grid f 1DWLRQDO +\GURHOHFWULF 3RZHU &RUSRUDWLRQ 1+3& f 1DWLRQDO ,QVWLWXWH RI 7HDFKHUV 7UDLQLQJ 5HVHDUFK f &5(67 3XQMDE (QJLQHHULQJ &ROOHJH f (QJLQHHUV ,QGLD /LPLWHG www.su-kam.com I Toll Free No. 1800-102-4423 HIMACHAL PRADESH JAMMU & KASHMIR KERALA 285MW 285MW GUJARAT MAHARASHTRA KARNATAKA MADHYA PRADESH RAJASTHAN HARYANA PUNJAB CHANDIGARH UTTARAKHAND DELHI UTTAR PRADESH JHARKHAND BIHAR WEST BENGAL CHATTISGARH ODISHA ANDHRA PRADESH TAMIL NADU Sector 0.7 1.5 4.4 20.9 11.0 18.2 6.6 2.2 3.6 1.1 0.6 3.0 0.8 1.8 2.6 5.2 0.6 0.9 1.7 0.6 0.7 0.6 2.4 4.2 3.9 4.8 0.6 0.4 2.1 4.5 4.5 8.5 3.1 2.4 2.7 2.2 Sector 1.5 0.3 MNRE Subsidy 3.7 7.4 2.4 Sector 13.5 9.8 12 15.1 9.8 Sector 16.3 Sector 50.3 Sector 4.7 Sector 3.7 MNRE Subsidy 0.1 0.5 0.3 0.7 MNRE Subsidy 7.5 MNRE Subsidy MNRE Subsidy 1.9 MNRE Subsidy TELANGANA 0.6 0.9 1.7 Sector 3.2 Sector 12.4 MNRE Subsidy Sector 9.6 MNRE Subsidy Sector 3.1 Sector 12.9 MNRE Subsidy Sector 17.5 MNRE Subsidy 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 2.1 3.9 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/information is imprecise, please contact us at [email protected] All figures in MW www.bridgetoindia.com MNRE Subsidy 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 Tied Market share for this category is based on our estimates that out of total solar rooftop market of 285 MW (as of October 30th, 2014), 173 MW is in the grid tied sector (mainly commercial and industrial) The following companies have confirmed the data: Delta, Refusol, Kaco, Fronius, OPS India, Swelect, Sukam, ABB and Chint Solar. Inverter Suppliers- Off Grid and Hybrid Market share for this category is based on our estimates that out of total solar rooftop market of 285 MW (as of October 30th, 2014), 112 MW is in the off grid and hybrid sector (mainly residential) The following companies have confirmed the data: Sukam, Emerson, OPS India and VISPRA Installers- Industrial and Commercial Segment Market share for this category is based on our estimates that out of total solar rooftop market of 285 MW (as of October 30th, 2014), 173 MW is in the grid tied sector (mainly commercial and industrial) The following companies have confirmed the data: Tata Power Solar, 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 and Sunsource Others include, Gensol, HBL Power, OPS, Refex Energy, Martifer, Jain Irrigations, GERMI and other small players Installers- Residential segment Market share for this category is based on our estimates that out of total solar rooftop market of 285 MW (as of October 30th, 2014), 112 MW is in the off grid and hybrid sector (mainly residential) The following companies have confirmed the data: Sukam, Tata Power Solar, Azure, Asun, Bosch and Godrej & Boyce. Common Footnote for all analysis For the first time in India, BRIDGE TO INDIA publishes comprehensive data for the rooftop solar market in India. This market has huge potential, but is still fragmented and in an early stage. In order to collect the data, we interacted with around 100 installers and component suppliers for project level data. Extrapolating from the project data and using our own market segmentation models, we conclude that the rooftop solar market in India as of October 2014 has a cumulative capacity of 285 MW. However, as this was the first attempt at collecting data from this fragmented market, we were not only able to receive comprehensive location, technology and customer data for the entire installed capacity in the country. The data depicts the current market share and might change in the future. Further we have tried to provide factual and accurate data as far as possible. However, this data has been collected from various sources and we cannot guarantee the integrity of this data. Sector 7.3 MNRE Subsidy Sector 10.3 3.6 5.7 1.0 Sector 13.3 3.7 6.6 3.0 0.9 MNRE Subsidy Sector 10.2 1.8 0.7 2.3 1.1 MNRE Subsidy Sector 4.8 Sector 3.2 MNRE Subsidy INDIA SOLAR ROOFTOP MAP 2015 MANIPUR, ASSAM, MEGHALAYA, TRIPURA, MIZORAM, NAGALAND, SIKKIM, ARUNACHAL PRADESH Premium sponsor Total installed capacity: 285 MW as of October 31, 2014 12.5% TATA POWER SOLAR 0.5% PREMIER SOLAR 0.4% AZURE 0.4% EL-SOL ENERGY 0.2% BOSCH 0.9% MOSERBAER 0.4% QUANTA POWER 0.4% ASUN 0.3% RADIANT SOLAR 0.1% GODREJ & BOYCE 1.1% WAAREE OTHERS 62.2% 20.6% SU-KAM Installers - residential segment 1.9% SWELECT (FORMERLY NUMERIC) 2.0% KOTAK URJA 2.3% NOVUS GREEN 2.4% EMMVEE 2.4% AZURE 2.6% THERMAX 2.6% LANCO 2.9% MOSERBAER 3.5% SUNEDISON 1.2% HERO FUTURES ENERGY 1.1% HARSHA ABAKUS 1.0% INSOLARE 0.9% SOLON 1.3% STERLING & WILSON 1.3% REIL 1.2% UJAAS 1.7% LUMINOUS 1.4% VIKRAM SOLAR 1.9% MAHINDRA EPC 0.9% BOSCH 0.9% JAKSON 0.8% GODREJ & BOYCE 0.8% PREMIER SOLAR 0.7% FOURTH PARTNER 0.6% CHEMTROLS 0.6% JUWI OTHERS 36.2% 0.5% GAUTAM PLOYMERS 0.5% ADDWATT 0.4% RAYS EXPERTS 0.4% SUNSOURCE TATA POWER SOLAR 15.0% L & T 6.4% Installers - industrial and commercial segment Inverter suppliers - grid tied Cumulative market shares (for rooftop projects commissioned until October 2014) 23.1% SMA 25.4% DELTA ADVANCED ENERGY 21.4% (includes share of Refusol) OTHERS 11.3% FRONIUS 3.6% SWELECT 1.2% (formerly Numeric) ABB 1.1% AEG 0.6% CHINT 0.2% KACO 8.1% OPS INDIA 1.7% SU-KAM 1.2% NEOWATT 0.6% SIGNOTRON 0.6% Inverter suppliers - offgrid and hybrid 32.0% SU-KAM 21.0% EMERSON OPS INDIA 19.0% VISPRA 13.0% PPS ENVIRO 1.0% ENERTECH 4.0% OTHERS 10.0%

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Page 1: INDIA SOLAR ROOFTOP - Homepage - BRIDGE TO INDIAindia solar rooftop map 2015 manipur, assam, meghalaya, tripura, mizoram, nagaland, ... moserbaer 0.4% quanta power 0.4% asun 0.3% radiant

Seamless support for end-to-end solar solutions under one roof.

In an era of growing energy needs and rising concerns about the environment, Su-Kam offers a wide portfolio of solar products range from 100 watts to 100 MW. This extensive range is suitable for the smallest residential home systems as also multi-megawatt power plants.

Solar Solutions

ProjectsOff-Grid

On-Grid

www.su-kam.com I Toll Free No. 1800-102-4423

HIMACHAL PRADESH

JAMMU & KASHMIR

KERALA

285MW

285MW

GUJARAT

MAHARASHTRA

KARNATAKA

MADHYA PRADESH

RAJASTHAN

HARYANA

PUNJAB

CHANDIGARH UTTARAKHAND

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

0.81.82.6

5.2

0.60.91.7

0.6

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

1.7Sector

3.2

Sector

12.4

MNRESubsidy

Sector

9.6

MNRESubsidy

Sector

3.1 Sector

12.9

MNRESubsidy

Sector

17.5

MNRESubsidy

1.1

1.02.1

7.2

Sector

10.3

5.2

6.4

3.5

Sector

15.1

3.1

1.06.1

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

NoteIn case your company feels that any number/informationis imprecise, please contact us at [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

MethodologyInverter Suppliers- Grid TiedMarket share for this category is based on our estimates that out of total solar rooftop market of 285 MW (as of October 30th, 2014), 173 MW is in the grid tied sector (mainly commercial and industrial)

The following companies have confirmed the data: Delta, Refusol, Kaco, Fronius, OPS India, Swelect, Sukam, ABB and Chint Solar.

Inverter Suppliers- Off Grid and HybridMarket share for this category is based on our estimates that out of total solar rooftop market of 285 MW (as of October 30th, 2014), 112 MW is in the off grid and hybrid sector (mainly residential)

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 that out of total solar rooftop market of 285 MW (as of October 30th, 2014), 173 MW is in the grid tied sector (mainly commercial and industrial)

The following companies have confirmed the data: Tata Power Solar, 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 and Sunsource

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 that out of total solar rooftop market of 285 MW (as of October 30th, 2014), 112 MW is in the off grid and hybrid sector (mainly residential)

The following companies have confirmed the data: Sukam, Tata Power Solar, Azure, Asun, Bosch and Godrej & Boyce.

Common Footnote for all analysisFor the first time in India, BRIDGE TO INDIA publishes comprehensive data for the rooftop solar market in India. This market has huge potential, but is still fragmented and in an

early stage. In order to collect the data, we interacted with around 100 installers and component suppliers for project level data. Extrapolating from the project data and using our own market segmentation models, we conclude that the rooftop solar market in India as of October 2014 has a cumulative capacity of 285 MW. However, as this was the first attempt at collecting data from this fragmented market, we were not only able to receive comprehensive location, technology and customer data for the entire installed capacity in the country. The data depicts the current market share and might change in the future. Further we have tried to provide factual and accurate data as far as possible. However, this data has been collected from various sources and we cannot guarantee the integrity of this data.

Sector

7.3

MNRESubsidy

Sector

10.3

3.6

5.71.0

Sector

13.3

3.7

6.6

3.0

0.9

MNRESubsidy

Sector

10.2

1.8

0.72.3

1.1

MNRESubsidy

Sector

4.8

Sector

3.2

MNRESubsidy

INDIA SOLARROOFTOPMAP 2015

MANIPUR, ASSAM, MEGHALAYA,TRIPURA, MIZORAM, NAGALAND,SIKKIM, ARUNACHAL PRADESH

Premium sponsor

Total installed capacity: 285 MWas of October 31, 2014

12.5% TATA POWER SOLAR

0.5% PREMIER SOLAR0.4% AZURE0.4% EL-SOL ENERGY

0.2% BOSCH

0.9% MOSERBAER0.4% QUANTA POWER0.4% ASUN0.3% RADIANT SOLAR

0.1% GODREJ & BOYCE

1.1% WAAREE

OTHER

S 62

.2%

20.6

% S

U-K

AM

Installers -residential segment

1.9% SWELECT (FORMERLY NUMERIC)2.0% KOTAK URJA2.3% NOVUS GREEN

2.4% EMMVEE

2.4% AZURE

2.6%

THER

MAX

2.6%

LAN

CO

2.9%

MOS

ERBA

ER

3.5%

SU

NED

ISO

N

1.2% HERO FUTURES ENERGY

1.1% HARSHA ABAKUS

1.0% INSOLARE

0.9% SOLON

1.3% STERLING & WILSON1.3% REIL1.2% UJAAS

1.7% LUMINOUS

1.4% VIKRAM SOLAR

1.9% MAHINDRA EPC

0.9% BOSCH

0.9% JAKSON

0.8% GODREJ & BOYCE

0.8% PREMIER SOLAR

0.7% FOURTH PARTNER

0.6% CHEM

TROLS

0.6% JUW

I

OTHERS 36

.2%

0.5% GAUTAM

PLOYMERS

0.5% ADDW

ATT

0.4% RAYS EXPERTS

0.4% SUN

SOURCE

TATA POWER SOLAR 15.0%

L & T 6.4%

Installers - industrial andcommercial segment

Inverter suppliers -grid tied

Cumulative market shares(for rooftop projects commissioned until October 2014)

23.1% SMA

25.4% DELTA

ADVANCED

ENER

GY 21.4

%

(inclu

des s

hare

of R

efus

ol)

OTHERS 11.3%

FRONIUS 3.6%

SWELECT 1.2%

(formerly Numeric)

ABB 1.1%AEG 0.6%

CHINT 0.2%

KACO 8.1%

OPS INDIA 1.7%

SU-KAM 1.2%

NEOWATT 0.6%

SIGNOTRON 0.6%

Inverter suppliers - offgrid and hybrid

32.0% SU-KAM

21.0% EM

ERSONOPS IN

DIA 19

.0%

VISPRA 13.0%

PPS ENVIRO 1.0%ENERTECH 4.0%

OTHERS 10.0%

Page 2: INDIA SOLAR ROOFTOP - Homepage - BRIDGE TO INDIAindia solar rooftop map 2015 manipur, assam, meghalaya, tripura, mizoram, nagaland, ... moserbaer 0.4% quanta power 0.4% asun 0.3% radiant

INVERTER SUPPLIERSSu-Kam Power Systems Ltd.54, Udyog Vihar, Phase VI, Sector-37Gurgaon - 122001, Haryana, IndiaContact Person: Ashish Sethi (Vice President-Solar Projects)E: [email protected]: +91 8800120046P: +91 124 4170500F: +91 124 4038702,4038700www.su-kam.com

Solon India Pvt. Ltd. Corp office: # 147, Panchavati Colony,Road No – 10, Banjara Hills,Hyderabad – 500034,Telangana State, IndiaE: [email protected]: +91 40 23399155F: +91 40 23399156www.solon.com

EPC companiesKirloskar Integrated Technologies Ltd. 13/A, Karve Road, Kothrud,Pune ‐ 411 038, IndiaContact Person:Dr. Devendra GoyalMr. Rahul DesaleE: [email protected] [email protected] [email protected]: +91 9552515301 +91 8605000745www.kitlgreen.comwww.kirloskarsolar.com

Investment Bank / FinancingGreenstone Investment Bank Mafatlal Centre, 11th Floor, Nariman Point, Mumbai - 400021, IndiaContact Person:Rahul GoswamiE: [email protected]: +91 9930328107www.greenstoneadvisory.com

Sponsored taxonomy

IndiaSolarHomesConnecting vendors to customers

• Reduce your customer acquisition & marketing cost

• Get verified leads and price ready customers

• Get to know your competition

• Interact with a large base of customers at one location

• Showcase your skills and capabilities

• Market your project portfolio

• Generate and track interest from customers

• Target customers from the location of your interest

• Increase visibility of your solar products

• Receive feedback and reviews from users

• Know how your product ranks against your competitors'

• Generate user interest and track it

Note: IndiaSolarHomes 2.0 will be launched in Jan'15. If you want the ISH benefit as an early bird vendor (free 2 months service), contact us at [email protected] latest by Dec 15, 2014.

India's first B2Ccomprehensive solar platform

Sell your solar systems Position your solar brand Sell your solar products

Commissioned

285MW

© BRIDGE TO INDIA, 2013 1

LIBORBankability

and Debt Financing for Solar

Projects in India

INDIA SOLARDECISION BRIEF

© BRIDGE TO INDIA, 2013 Illustration by Kavya Bagga

India solar compassThe India Solar Compass is a quarterly market analysis report on the developments in the Indian solar market. It contains the latest key insights and analysis of the state of Indian policies, projects, industry and financing.

India solar handbookThe India Solar Handbook is an annual introductory report on the Indian solar market. It provides an extensive examination on the Indian solar market by answering critical questions on the market.

India solar policy briefsIn our India Solar Policy Briefs, we analyze the fast developing policy landscape and bring clarity to key aspects, such as investment opportunities, power demand, and payment security and allocation procedures.

India solar decision briefsIn our India Solar Decision Briefs, we give in-depth analysis on specific aspects of the market. Our latest report with Greenpeace analyzes the potential for rooftop solar in Delhi.

Our reports

© BRIDGE TO INDIA, 2013 1

The India Solar

Handbook June 2013 edition

A complete industry overview for solar energy in India

INDIA SOLARROOFTOPMAP 2015

Our services

About BRIDGE TO INDIABRIDGE TO INDIA is the leading boutique consultancy and knowledge provider in the Indian clean-tech market. We work with leading Indian and international companies, governments and Institutions. Through our different activities, we have a unique vantage point on the market dynamics, combining the comprehensive, constantly updated 360 degree view of our market intelligence, the in-depth analysis of our consulting efforts and the on-ground understanding from project development. Our goal is to enable innovative clean-tech solutions in India.

Rigourous analysis Business strategy In-depth knowledge

Our360º

approach

Always up-to-date

Industry access

360 degree view

On-ground information

Investor/bank perspective

Real life challenges

MarketIntelligence

Consulting

Projects

Head OfficeN-117 Panchsheel ParkNew Delhi – 110017India

P +91 11 46 08 15 79E [email protected]

www.bridgetoindia.com

www.facebook.com/bridgetoindia

www.twitter.com/bridgetoindia

India Solar Future

Thought leadership reportsAs a key stakeholder in the solar market, BRIDGE TO INDIA regularly partners with important market stakeholders to publish thought leadership reports that help guide the market. We try and do this through "pictures of tomorrow”, based on an analysis of the economic, technical, regulatory and policy fundamentals of solar in India. Recently we have worked with Tata Power Solar, Greenpeace and Prayas. If you want to partner with us on such a report, please reach out to us.

For more details [email protected]

44%Projectdevelopers

20%Module & equipment

manufacturers andsuppliers

Others19%

8%8%

1%

Financialinstitutionsand banks

EPCcompanies

Governmentofficials

“How should india drive its solar transformation? Beehives or elephants”

This is a joint report by BRIDGE TO INDIA and TATA POWER SOLAR. The report compares four distinct scenarios of solar power generation – residential rooftops (solar bees), large rooftops (solar pigeons), utility scale projects (solar horses) and ultra- mega projects (solar elephants). Each scenario is analysed in terms of not only levelized cost of energy (LCOE) but also landed cost of power (LCOP) which measures the cost to a consumer at the point of consumption, rather than at the point of generation. The report also evaluates each of the 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. The report documents existing technical standards and practices. It specifically addresses (1) the quality of the solar power being injected into the grid, (2) safety issues, (3) ways in which distributed PV can support the grid and help its own reliable integration, and (4) the interaction of distributed PV and the distribution LT grid. The objective of this report is to propose a possible way forward for a structured and effective grid integration of distributed PV in India.

Premium sponsor

Choose BRIDGE TO INDIA media channels for all your advertising needsBRIDGE TO INDIA media channels offer advertisers the opportunity to promote their business throughout the year on the most targeted and respected platform in the 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 20,000 and 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 and download all our reportsYou can write to us at [email protected] to subscribe to our weekly newsletters

281

491

669

279

502

677

223

476

598

Cumulative capacity addition by 2018 underdifferent scenarios

Capa

city

(MW

)

0

200

400

600

800

Commercial Industrial Residential

MethodologyThe key differentiators in the scenarios are (1) the successful implementation of net-metering policies and (2) the development of grid power prices. In the conservative scenario, net-metering is available only in a few states and grid power prices rise more slowly than in the last years. In the aggressive case, we assume that most Indian states will have net-metering by 2016 and tariffs will rise more rapidly than in the last years.

Conservative AggressiveBase

Cumulative capacity addition by 2018

Mah

aras

htra

Kar

nata

ka

Del

hi

Tam

il N

adu

Andh

ra P

rade

sh

Odi

sha

Jam

mu

& K

asm

ir

Wes

t Ben

gal

Raj

asth

an

Punj

ab

Utt

ar P

rade

sh

Bih

ar

Har

yana

Jhar

khan

d

Capa

city

(MW

)

Ker

ala

Mad

hya

Prad

esh

Guj

arat

Chha

ttis

garh

Him

acha

l Pra

desh

Utt

arak

hand

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

MethodologyFor industrial and commercial consumers, the main driving factor to go solar is economic attractiveness. As grid power costs rise and solar costs fall, the adoption of rooftop solar increases. Calculations have been at the state level and then aggregated for the national total. No government incentives have been considered in these projections. However, we assume that net-metering will be widely available.

For residential consumers, economic viability will not be the key driver in the initial years. Instead, growth will be driven by the need for power (especially in medium and small cities) and other non-economic motives.

Capa

city

(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

Mah

aras

htra

Kar

nata

ka

Del

hi

Andh

ra P

rade

sh

Tela

ngan

a

Wes

t Ben

gal

Tam

il N

adu

Raj

asth

an

Punj

ab

Ker

ala

Odi

sha

Bih

ar

Har

yana

Him

acha

l Pra

desh

Assa

m

Jhar

khan

d

Mad

hya

Prad

esh

Guj

arat

Utt

arak

hand

Chha

ttis

garh

Assumptions• Residential grid tariff are defined telescopically. We have taken weighted average calculated for 400 kWh consumption per month• Cost of solar power is calculated using BTI financial model using following assumptions System size 4kWp Escalation in cost 4% per annum of solar power (w.r.t. tariff in 1st year) EIRR 15% EPC cost M85/Wp O&M cost M80,000 p.a. O&M escalation 6% p.a. Annual degradation 0.80%• Effective tariff = Base tariff + 30 paise (additional charges/taxes)

Effe

ctiv

e ta

riff

(M/k

Wh)

Cost of solar power

Utt

ar P

rade

sh

Grid parity status for industrial consumers

0

2

4

6

8

10

12

Mah

aras

htra

Kar

nata

ka

Del

hi

Tam

il N

adu

Andh

ra P

rade

sh

Odi

sha

Tela

ngan

a

Wes

t Ben

gal

Raj

asth

an

Punj

ab

Utt

ar P

rade

sh

Bih

ar

Har

yana

Him

acha

l Pra

desh

Assa

m

Jhar

khan

d

Utt

arak

hand

Assumptions• Cost of solar power is calculated using BTI financial model using following assumptions System size 100 kWp Escalation in cost 4% per annum of solar power (w.r.t. tariff in 1st year) EIRR 15% EPC cost M68/Wp O&M cost M1 lakh p.a. O&M escalation 6% p.a. Annual degradation 0.80%• Effective tariff = Base tariff + 40 paise (additional charges/taxes)

Effe

ctiv

e ta

riff

(M/k

Wh)

Viable without AD

Cost of solar power

Cost of solar Power withAccelerated Depreciation (AD)

Viable with AD

Ker

ala

Mad

hya

Prad

esh

Guj

arat

Chha

ttis

garh

Grid parity status for commercial consumers

Grid Parity Status

0

2

4

6

8

10

12

Mah

aras

htra

Kar

nata

ka

Del

hi

Tam

il N

adu

Andh

ra P

rade

sh

Odi

sha

Tela

ngan

a

Wes

t Ben

gal

Raj

asth

an

Punj

ab

Ker

ala

Utt

ar P

rade

sh

Bih

ar

Har

yana

Him

acha

l Pra

desh

Assa

m

Jhar

khan

d

Mad

hya

Prad

esh

Guj

arat

Utt

arak

hand

Chha

ttis

garh

Assumptions• Cost of solar power has been calculated by using following assumptions: System size 50 kWp Escalation in cost 4% per annum of solar power (w.r.t. tariff in 1st year) EIRR expectation 15% EPC cost M70/Wp O&M cost M100,000 p.a. O&M escalation 6% p.a. Annual degradation 0.80%• Effective tariff = Base tariff + 40 paise (additional charges/taxes)

Effe

ctiv

e ta

riff

(M/k

Wh)

Viable without AD

Cost of solar power

Cost of solar Power with Accelerated Depreciation (AD)

Viable with AD