Report, Energy News, ET EnergyWorld -

Report, Energy News, ET EnergyWorld


Top 10 solar developers installed 69 per cent projects in 2020: ReportNew Delhi: India’s top 10 large-scale project developers accounted for 69 per cent of the projects installed in 2020, according to a recently released report.

It added that Adani was the top utility-scale project developer by installed capacity in 2020. Tata Power Solar had the largest rooftop installations in CY2020, followed by Fourth Partner Energy.

“In 2020, the top 10 rooftop solar installers accounted for 66 per cent of the rooftop solar market. Rooftop installations totaled 719 MW in 2020, a 35 per cent drop year-over-year due to COVID-19 related challenges,” said the report by Mercom Communications India.

It added that large-scale solar installations in 2020 accounted for 78 per cent of the total solar installations with 2.5 GW. While solar accounted for 48 per cent of new power capacity additions in 2020. Sterling & Wilson was the top EPC provider for utility-scale solar in 2020, followed by Tata Power Solar.

The report said that LONGi Solar was the leading module supplier to India in 2020, and in terms of cumulative shipments, Trina Solar topped the list. The top 10 module suppliers, including several Indian manufacturers, accounted for over 68 per cent of the market in 2020, the report added.

It said that open access installations in India saw a 56 per cent increase in 2020, due to the increasing interest from corporates buying open access projects. Rays Power Experts, Amplus Solar, and CleanMax were the top open access developers as of December 2020.

“During the calendar year (CY) 2020, India installed 3.2 GW of solar power projects across the country. India also had a robust pipeline of 47.5 GW of utility-scale projects under development at the end of 2020, with another 24.5 GW of tenders pending auction,” according to the report.

The solar market leaderboard reflected a volatile year for the industry dominated by disruptions from the COVID-19 pandemic.

The report added that companies offering engineering, procurement, construction services saw a large number of projects move into 2021 due to delays caused by the COVID-19 pandemic, land acquisition, and evacuation issues, among other issues.





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