Tata Power, Clean Max is the largest solar rooftop installers in India: Report

Source Mercom

Tata Power has 20 percent of the market share and is by far the largest solar rooftop installer in a small market.

Global clean energy communications and research firm, Mercom Capital Group has released Top Rooftop Installers in India. Tata Power tops the list with 20% share, followed by Clean Max Enviro with 9%.

In India, the rooftop solar sector is beginning to show some growth. Within the past two years, cumulative rooftop solar installations have reached 605 MW, according to Mercom’s Solar India Quarterly Update.

Activity is ramping up with the Solar Energy Corporation of India (SECI) tendering a total of 1.5 GW of rooftop solar in calendar year 2016.

State incentives from Haryana, Chandigarh, Gujarat, Madhya Pradesh etc., have also provided a push for rooftop solar installations. In 2016, 275 MW of rooftop solar was commissioned which was more than the capacity commissioned in any other year.

With 20 percent of the market share Tata Power is by far the largest solar rooftop installer in a small market said the research firm in a statement. Rooftop solar installations are lagging far behind large-scale project development and government agencies are ramping up auction activity to close the gap.

The Ministry of New and Renewable Energy (MNRE) has also recently proposed an incentive program for distribution companies (DISCOMs) to spur the sector under which they can avail benefit of up to Rs.3.75 million (~$55,000)/MW for rooftop solar.

According to Mercom’s India Solar Project Tracker, 1,616 MW of rooftop solar was tendered in India in 2016. Auction results for 505 MW have been announced. The SECI alone tendered 1,500 MW of rooftop solar in 2016.

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