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India Solar Market: New Leaders Emerge in 2023

-Mercom’s report reveals shifts in market share across ten categories in India’s solar market.

-India added 7.5 GW of solar capacity in 2023, lower than 2022, due to policy uncertainties and transmission issues.

-Adani Green Energy remained the top developer for large solar projects.

-Oriano led among EPC service providers.
-Jinko Solar led the module supply category.

-Higher demand for solar trackers and module mounting structures observed.

-Aegeus Technologies dominated the market for robotic module cleaning equipment.

-Tata Power Solar continued to lead in rooftop solar development.

-Central inverters regained market share, with Sungrow Power Supply leading the segment.

-India targets 280 GW of solar installations by 2030, fostering a dynamic market.

Read the full article on Mercom India

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