India to install 4.8GW in 2016, says Mercom

Facebook
Twitter
LinkedIn
Reddit
Email
Source: Mercom Capital Group.

India will install 4.8GW of solar in 2016, according to new data from consultancy firm Mercom Capital.

The country’s total capacity is now just over 8.6GW, as of September 2016. Four states have now passed the 1GW threshold. Tamil Nadu, Rajasthan, Gujarat and Andhra Pradesh account for 59% of all the current installed solar capacity.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

With a pipeline of 14GW and 7GW of tenders waiting in the wings, the actual delivery of projects faces some difficulties.

“The challenge is going to come next year when approximately 9 GW of solar power is forecast to be installed. Unless the ‘must run’ status for solar projects is strictly enforced we are going to see some challenges,” said Raj Prabhu, CEO of Mercom Capital Group.

Mercom cites the slowdown in demand for power and low prices available on the country’s power exchanges.

Low module prices internationally offer some cheer for developers looking to deliver on aggressively low auction prices in many of India’s tender rounds. Module prices have already fallen in India and are expected to continue to do so.

Read Next

July 11, 2025
Indian independent power producer (IPP) Juniper Green Energy has commissioned an additional 71MWp at Chapalgaon Solar Project in Solapur, Maharashtra.
July 9, 2025
Indian solar water pump and motor manufacturer Shakti Pumps has successfully raised INR2.9 billion (US$34.1 million) to build a solar cell and module manufacturing plant.
July 8, 2025
The Chinese government has moved to curb excessive competition in the PV sector and stabilise pricing as companies report growing losses.
July 8, 2025
German solar glass manufacturer Glasmanufaktur Brandenburg (GMB) has filed for insolvency after posting monthly losses of €900,000 this year.
July 8, 2025
Energy consultancy JMK Research has forecast 28.3GW of utility-scale and residential solar PV to be installed in India during fiscal year 2026.
July 8, 2025
SJVN Green Energy has commenced commercial operations of 100.02MW from its 1,000MW solar power project in Bikaner, Rajasthan.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK