India Becomes Second Largest Solar Market; Installs 4.9 GW In H1

With 4.9 GW of installed solar power, India has consolidated its position as the second largest solar market in the world, after China, during the first half of the calendar year 2018, a report by Mercom Communications confirms.

Adani remained the largest project developer in terms of total cumulative installations and top installer in terms of capacity installed through the end of the first half. There are around 70 large-scale project developers with a pipeline of 5 MW or more in India. ReNew Power had the largest project pipeline.

According to a report in BusinessLine, about 16 percent of solar installations were in the rooftop solar sector, standing at 805 MW. Rooftop installations rose by 55 percent with cumulative installations totaling nearly 2,410 MW as of June 2018. Sterling and Wilson was the top engineering, procurement, and construction company during the first half. Tata Power Solar had the largest cumulative rooftop portfolio, and CleanMax emerged as the top rooftop installer in 1H 2018.

ABB remained at the top of the list in terms of solar inverter shipments to the country, while the top five module suppliers accounted for over 37 percent of the market. As of June end, Trina Solar was the leading module supplier to India in terms of cumulative shipments while ZnShine was the top supplier.