India’s solar power potential within the country’s geographical limits is high as majority of the geographical area lies within the tropics. As per the Census of India 2011 and Wasteland Atlas of India 2011, the total solar power capacity in the country stood at 748 GW, which is more than twice of the country’s total installed power capacity. In 2015, the Government of India set a target of 100 GW of solar power generation in the country by 2022. Backed by favorable government measures and abundant solar resources, the solar rooftop market in India is expected to grow at a robust pace over the next five years. With the country’s per capita electricity consumption standing at around 746 Kilowatt hour, which is below the global average, demand for electricity in India is expected to increase over the next five years on account of continuing economic growth. Government of India is focusing on expanding the renewable based power generation in the country owing to increasing global warming and environmental concerns. The share of renewable power in India’s total installed power generation capacity is estimated to be 13% in 2016, and this share is anticipated to reach 40% by the end of 2030. All these factors point towards robust growth of solar rooftop market in India over the next five years.

According to the TechSci Research report, “India Solar Rooftop Market By State, By Connectivity, By End User, Competition Forecast & Opportunities, 2011 – 2021”, the solar rooftop market in India to grow at a CAGR of over 60% during 2016 - 2021. In India, the solar power market is in its developing stage, and numerous measures are being taken by the government to promote the use of solar energy in the country. In order to map the solar potential in the country, the Ministry of New and Renewable Energy (MNRE), a nodal Ministry of the Government of India for all matters relating to new and renewable energy, has installed 51 Solar Radiation Resource Assessment (SRRA) in the country to calculate the solar potential. In 2015, on-grid solar rooftop segment dominated the India solar rooftop market, and the segment is expected to maintain its dominance over the next five years as well. “India Solar Rooftop Market By State, By Connectivity, By End User, Competition Forecast & Opportunities, 2011 – 2021” discusses the following aspects of India solar rooftop market:

  • India Solar Rooftop Market Size, Share & Forecast
  • Segmental Analysis – By State (Tamil Nadu, Maharashtra, Rajasthan, Punjab, Gujarat, Madhya Pradesh, Delhi, Haryana & Rest of India), By Connectivity (On-Grid Vs. Off-Grid), By End User (Residential, Commercial & Industrial)
  • Policy & Regulatory Landscape
  • Changing Market Trends and Emerging Opportunities
  • Competitive Landscape and Strategic Recommendations

Why You Should Buy This Report?

  • To gain an in-depth understanding of solar rooftop market in India
  • To identify the on-going trends and segment wise anticipated growth in the coming years
  • To help industry consultants, solar rooftop manufacturers, distributors and other stakeholders align their market-centric strategies
  • To obtain research based business decision and add weight to presentations and marketing material
  • To gain competitive knowledge of leading players
  • To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs

Report Methodology

The information contained in this report is based on both primary and secondary sources. Primary research included interviews with solar project developers and solar modules manufacturers and distributors. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

1.       Product Overview

2.       Research Methodology

3.       Analyst View

4.       India Energy Mix

5.       India Solar Power Market Overview

6.       India Solar Rooftop Market Outlook

6.1.    Industry Structure & Stakeholders

6.2.    Market Size & Forecast

6.2.1.By Value

6.2.2.By Capacity

6.3.    Market Share & Forecast

6.3.1.By Connectivity (On Grid Vs. Off Grid)

6.3.2.By Region

6.3.3.By Company

6.3.4.By End User (Residential, Commercial & Industrial)

6.4.    Market Attractiveness Index

6.4.1.By End User

7.       Tamil Nadu Solar Rooftop Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value

7.1.2.By Capacity

7.2.    Market Share & Forecast

7.2.1.By Connectivity (On Grid, Off Grid)

7.2.2.By End User

7.3.    Policy & Regulatory Landscape

7.4.    Net Metering Policy

7.5.    Tariff Analysis

7.6.    Market Attractiveness Index

7.6.1.By End User

8.       Maharashtra Solar Rooftop Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value

8.1.2.By Capacity

8.2.    Market Share & Forecast

8.2.1.By Connectivity (On Grid, Off Grid)

8.2.2. By End User

8.3.    Policy & Regulatory Landscape

8.4.    Net Metering Policy

8.5.    Tariff Analysis

8.6.    Market Attractiveness Index

8.6.1.By End User

9.       Rajasthan Solar Rooftop Market Outlook

9.1.    Market Size & Forecast

9.1.1.By Value

9.1.2.By Capacity

9.2.    Market Share & Forecast

9.2.1.By Connectivity

9.2.2. End User

9.3.    Policy & Regulatory Landscape

9.4.    Net Metering Policy

9.5.    Tariff Analysis

9.6.    Market Attractiveness Index

9.6.1.By End User

10.   Punjab Solar Rooftop Market Outlook

10.1.Market Size & Forecast

10.1.1.    By Value

10.1.2.    By Capacity

10.2.Market Share & Forecast

10.2.1.    By Connectivity

10.2.2.    By End User

10.3.Policy & Regulatory Landscape

10.4.Net Metering Policy

10.5.Tariff Analysis

10.6.Market Attractiveness Index

10.6.1.    By End User

11.   Gujarat Solar Rooftop Market Outlook

11.1.Market Size & Forecast

11.1.1.    By Value

11.1.2.    By Capacity

11.2.Market Share & Forecast

11.2.1.    By Connectivity

11.2.2.    By End User

11.3.Policy & Regulatory Landscape

11.4.Net Metering Policy

11.5.Tariff Analysis

11.6.Market Attractiveness Index

11.6.1.    By End User

12.   Madhya Pradesh Solar Rooftop Market Outlook

12.1.Market Size & Forecast

12.1.1.    By Value

12.1.2.    By Capacity

12.2.Market Share & Forecast

12.2.1.    By Connectivity

12.2.2.    By End User

12.3.Policy & Regulatory Landscape

12.4.Net Metering Policy

12.5.Tariff Analysis

12.6.Market Attractiveness Index

12.6.1.    By End User

13.   Delhi Solar Rooftop Market Outlook

13.1.Market Size & Forecast

13.1.1.    By Value

13.1.2.    By Capacity

13.2.Market Share & Forecast

13.2.1.    By Connectivity

13.2.2.    By End User

13.3.Policy & Regulatory Landscape

13.4.Net Metering Policy

13.5.Tariff Analysis

13.6.Market Attractiveness Index

13.6.1.    By End User

14.   Haryana Solar Rooftop Market Outlook

14.1.Market Size & Forecast

14.1.1.    By Value

14.1.2.    By Capacity

14.2.Market Share & Forecast

14.2.1.    By Connectivity

14.2.2.    By End User

14.3.   Policy & Regulatory Landscape

14.4.   Net Metering Policy

14.5.   Tariff Analysis

14.6.   Market Attractiveness Index

14.6.1.    By End User

15.   Rest of India Solar Rooftop Market Outlook

15.1.Market Size & Forecast

15.1.1.    By Value

15.1.2.    By Capacity

16.   Market Dynamics

16.1.Drivers

16.2.Challenges

17.   Market Trends & Developments

17.1.Use of Inverters

17.2.Distributed Energy Generation

17.3.Use of Nanotechnology in Solar Cells

17.4.Anti-dumping duty on imports of Solar Panels

17.5.Public Private Partnership in Solar Rooftop Projects

18.   Solar Rooftop Performance Improvement Measures

18.1.Use of Reflectors to improve Power Generation

18.2.Implementation of Tracker Systems

19.   Raw Material Analysis

20.   Solar Rooftop Cost Breakup Analysis

21.   India Economic Profile

22.   Competitive Landscape

22.1.Tata Power Solar Systems Limited

22.2.CleanMax Solar

22.3.Jaksons Engineers Limited

22.4.Thermax Limited

22.5.Hero Future Energies

22.6.KEC International Limited

22.7.RelyOn Solar Private Limited

22.8.SOLON India Private Limited

22.9.Fourth Partner Energy Pvt Ltd

22.10.   Elecomponics Technologies India Pvt Ltd

23. Strategic Recommendations

  • List of Figures

    Figure 1: Anatomy of Solar Power Generation

    Figure 2: India Power Generation, By Installed Capacity, As of April 2016 (%)

    Figure 3: India Cumulative Capacity of Installed Solar Power Generation, 2010-2016E (Megawatts)

    Figure 4: India Solar Rooftop Market Size, By Value (USD Million), By Capacity (Megawatts), 2011–2015

    Figure 5: Figure 5: India Solar Rooftop Market Size, By Value (USD Million), By Capacity (Megawatts), 2016E–2021F

    Figure 6: India Solar Rooftop Market Share, By Connectivity, By Value, 2015 & 2021F

    Figure 7: India Solar Rooftop Market Share, By Region, By Value, 2015 & 2021F

    Figure 8: India Solar Rooftop Market Share, By Company, By Value, 2015 & 2021F

    Figure 9: India Solar Rooftop Market Share, By End User, By Value, 2015 & 2021F

    Figure 10: India Solar Rooftop Market Attractiveness Index, By End User, By Value, 2015-2021F

    Figure 11: Tamil Nadu Solar Rooftop Market Size, By Value (USD Million), By Capacity (Megawatts), 2011 – 2015

    Figure 12: Tamil Nadu Solar Rooftop Market Size, By Value (USD Million), By Capacity (Megawatts), 2016E – 2021F

    Figure 13: Tamil Nadu Solar Rooftop Market Share, By Connectivity, By Value, 2015 & 2021F

    Figure 14: Tamil Nadu Solar Rooftop Market Share, By End User, By Value, 2015 & 2021F

    Figure 15: Tamil Nadu Solar Rooftop Market Attractiveness Index, By End User, By Value, 2015-2021F

    Figure 16: Maharashtra Solar Rooftop Market Size, By Value (USD Million), By Capacity (Megawatts), 2011 – 2015

    Figure 17: Maharashtra Solar Rooftop Market Size, By Value (USD Million), By Capacity (Megawatts), 2016E – 2021F

    Figure 18: Maharashtra Solar Rooftop Market Share, By Connectivity, By Value, 2015 & 2021F

    Figure 19: Maharashtra Solar Rooftop Market Share, By End User, By Value, 2015 & 2021F

    Figure 20: Maharashtra Solar Rooftop Market Attractiveness Index, By End User, By Value, 2015-2021F

    Figure 21: Rajasthan Solar Rooftop Market Size, By Value (USD Million), By Capacity (Megawatts), 2011 – 2015

    Figure 22: Rajasthan Solar Rooftop Market Size, By Value (USD Million), By Capacity (Megawatts), 2016E – 2021F

    Figure 23: Rajasthan Solar Rooftop Market Share, By Connectivity, By Value, 2015 & 2021F

    Figure 24: Rajasthan Solar Rooftop Market Share, By End User, By Value, 2015 & 2021F

    Figure 25: Rajasthan Solar Rooftop Market Attractiveness Index, By End User, By Value, 2015-2021F

    Figure 26: Punjab Solar Rooftop Market Size, By Value (USD Million), By Capacity (Megawatts), 2011 – 2015

    Figure 27: Punjab Solar Rooftop Market Size, By Value (USD Million), By Capacity (Megawatts), 2016E – 2021F

    Figure 28: Punjab Solar Rooftop Market Share, By Connectivity, By Value, 2015 & 2021F

    Figure 29: Punjab Solar Rooftop Market Share, By End User, By Value, 2015 & 2021F

    Figure 30: Timelines to set-up Grid Interactive Roof-Top Solar Photovoltaic Power Plants

    Figure 31: Details of Punjab Net Metering Policy

    Figure 32: Punjab Solar Rooftop Market Attractiveness Index, By End User, By Value, 2015-2021F

    Figure 33: Gujarat Solar Rooftop Market Size, By Value (USD Million), By Capacity (Megawatts), 2011 – 2015

    Figure 34: Gujarat Solar Rooftop Market Size, By Value (USD Million), By Capacity (Megawatts), 2016E – 2021F

    Figure 35: Gujarat Solar Rooftop Market Share, By Connectivity, By Value, 2015 & 2021F

    Figure 36: Gujarat Solar Rooftop Market Share, By End User, By Value, 2015 & 2021F

    Figure 37: Gujarat Solar Rooftop Market Attractiveness Index, By End User, By Value, 2015-2021F

    Figure 38: Madhya Pradesh Solar Rooftop Market Size, By Value (USD Million), By Capacity (Megawatts), 2011 – 2015

    Figure 39: Madhya Pradesh Solar Rooftop Market Size, By Value (USD Million), By Capacity (Megawatts), 2016E – 2021F

    Figure 40: Madhya Pradesh Solar Rooftop Market Share, By Connectivity, By Value, 2015 & 2021F

    Figure 41: Madhya Pradesh Solar Rooftop Market Share, By End User, By Value, 2015 & 2021F

    Figure 42: Schematic of Net Metering Policy of Madhya Pradesh

    Figure 43: Madhya Pradesh Solar Rooftop Market Attractiveness Index, By End User, By Value, 2015-2021F

    Figure 44: Delhi Solar Rooftop Market Size, By Value (USD Million), By Capacity (Megawatts), 2011 – 2015

    Figure 45: Delhi Solar Rooftop Market Size, By Value (USD Million), By Capacity (Megawatts), 2016E – 2021F

    Figure 46: Delhi Solar Rooftop Market Share, By Connectivity, By Value, 2015 & 2021F

    Figure 47: Delhi Solar Rooftop Market Share, By End User, By Value, 2015 & 2021F

    Figure 48: Delhi Solar Rooftop Market Attractiveness Index, By End User, By Value, 2015-2021F

    Figure 49: Haryana Solar Rooftop Market Size, By Value (USD Million), By Capacity (Megawatts), 2011 – 2015

    Figure 50: Haryana Solar Rooftop Market Size, By Value (USD Million), By Capacity (Megawatts), 2016E – 2021F

    Figure 51: Haryana Solar Rooftop Market Share, By Connectivity, By Value, 2015 & 2021F

    Figure 52: Haryana Solar Rooftop Market Share, By End User, By Value, 2015 & 2021F

    Figure 53: Haryana Solar Rooftop Market Attractiveness Index, By End User, By Value, 2015-2021F

    Figure 54: Rest of India Solar Rooftop Market Size, By Value (USD Million), By Capacity (Megawatts), 2011 – 2021F

    Figure 55: Rest of India Solar Rooftop Market Size, By Value (USD Million), By Capacity (Megawatts), 2011 – 2021F

    Figure 56: Proposed anti-dumping duty on imports of solar panel, By Source, USD per Watt

    Figure 57: Schematic of Public Private Partnership Solar Project

    Figure 58: Anatomy of Solar Power Generation Using Reflectors

     

    List of Tables

    Table 1: Sector wise Installed Power Generation Capacity, By Type, As of July 2015 (Gigawatts)

    Table 2: India Solar Potential (Gigawatts), As of 2016

    Table 3: Policies related to Solar Power Development in India, As of 2015

    Table 4: Industry Structure & Stakeholders of India Solar Rooftop Market

    Table 5: Punjab Solar Energy Potential, As of 2016

    Table 6: Details of Tamil Nadu Net Metering Policy, As of 2016

    Table 7: Tamil Nadu Solar Rooftop Tariff Breakup, As of 2016

    Table 8: Tamil Nadu Solar Rooftop Tariff Breakup, As of 2016

    Table 9: Maharashtra Solar Rooftop System Tenders, As of 2016

    Table 10: Maharashtra Solar Energy Potential, As of 2016

    Table 11: Capacity Limits for Connecting Rooftop Solar System to the Grid Network in Maharashtra

    Table 12: Maharashtra Solar Rooftop Tariff

    Table 13: Rajasthan Solar Rooftop System Tenders, As of 2016

    Table 14: Rajasthan Solar Energy Potential, As of 2016

    Table 15: Specifications for Grid Connectivity of Solar Rooftop in Rajasthan

    Table 16: Punjab Solar Rooftop System Tenders, As of 2016

    Table 17: Punjab Solar Energy Potential, As of 2016

    Table 18: Gujarat Solar Energy Potential, As of 2016

    Table 19: Details of Gujarat Solar Policy

    Table 20: Details of Gujarat Net Metering Policy

    Table 21: Gujarat Solar Rooftop Tariff Breakup, 2015

    Table 22: Madhya Pradesh Solar Energy Potential, As of 2016

    Table 23: Madhya Pradesh Solar Rooftop Targets, By Year (MW)

    Table 24: Installation and Operation of Meters as per Central Electricity Authority Regulations, 2006

    Table 25: Solar Rooftop Projects Under Execution in Delhi, As of May 2016

    Table 26: Delhi Solar Energy Potential, As of 2016

    Table 27: Delhi Solar Power Capacity Targets, By Year (MW)

    Table 28: Delhi Net Metering Policy

    Table 29: Delhi Solar Rooftop Tariff Analysis

    Table 30: Haryana Solar Energy Potential, As of 2016

    Table 31: Highlights of Haryana Solar Policy, 2016

    Table 32: Solar Projects Breakup Cost, By Type, 2015 (Thousand USD/MW)

    Table 33: National Solar Mission State-wise Solar Rooftop Target, By Capacity (MW)

    Table 34: Solar Power Received Using Reflectors (Mirror and Foil) and Without Reflectors

    Table 35: Cost Breakup of Rooftop Solar System in India, 2015