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Dear Colleagues,
Explore India's sizable solar potential with the July issue of the India Solar Compass:
Will solar power projects in India move towards construction?
• The grid-connected capacity in India now stands at 37MW (all PV), which is only 13MW more than the installed capacity at the beginning of the year.
• The pace of projects moving towards construction in the country has remained slow.
• At the same time, banks are looking at the industry more seriously and more state governments have formalized their solar policies, reaffirming a broader confidence in the sector.
• Does the optimism suggest a strengthening of the market or is it still too early to bet on solar?
Assessing the opportunities in the Indian solar market
• The off-grid, rural electrification market is seeing an increasing interest from corporates and investors in exploring opportunities to service India’s vast rural, un-electrified population.
• States faced Solar Renewable Purchase Obligations (RPOs) worth a cumulative 750MW last year which they have not achieved yet.
• Some proactive state utilities have begun developing projects to meet their RPOs suggesting the opening-up of a new market for solar players.
• We analyze these opportunities and assess the challenges players face in addressing this significant market.
Tracking the State of the Industry: A Business-driven, Precise, Analytical and Up-to-date View
The Indian Solar Compass is a quarterly market report, about 25 pages long based on BRIDGE TO INDIA's project experience and derived from our strong industry network.
If this report is of interest to you, please write to [email protected]
Explore India's sizable solar potential with the July issue of the India Solar Compass:
Will solar power projects in India move towards construction?
• The grid-connected capacity in India now stands at 37MW (all PV), which is only 13MW more than the installed capacity at the beginning of the year.
• The pace of projects moving towards construction in the country has remained slow.
• At the same time, banks are looking at the industry more seriously and more state governments have formalized their solar policies, reaffirming a broader confidence in the sector.
• Does the optimism suggest a strengthening of the market or is it still too early to bet on solar?
Assessing the opportunities in the Indian solar market
• The off-grid, rural electrification market is seeing an increasing interest from corporates and investors in exploring opportunities to service India’s vast rural, un-electrified population.
• States faced Solar Renewable Purchase Obligations (RPOs) worth a cumulative 750MW last year which they have not achieved yet.
• Some proactive state utilities have begun developing projects to meet their RPOs suggesting the opening-up of a new market for solar players.
• We analyze these opportunities and assess the challenges players face in addressing this significant market.
Tracking the State of the Industry: A Business-driven, Precise, Analytical and Up-to-date View
The Indian Solar Compass is a quarterly market report, about 25 pages long based on BRIDGE TO INDIA's project experience and derived from our strong industry network.
If this report is of interest to you, please write to [email protected]