Maharashtra Approves Tariffs for 8.7 MW of Solar Power Under KUSUM Program

Brookfield to Aquire KKR’s 50% Stake in Renewable Developer X-Elio

NTPC’s Subsidiary Will Develop Renewable Projects for IndianOil Refineries

Constant Climate-Centric Funding Can Limit Global Temperature Under 1.5°C 

India Voices Concern over Europe’s Carbon Tariff Measure at WTO

JSW and Greenko Win Karnataka’s Bid for 1 GW of Pumped Storage Projects

Sterling and Wilson Bags BoS Package Tender for 1.2 GW Solar Projects

Indian Oil Floats O&M Tender for 8 MW Solar Project in Ahmedabad

IIT Mandi Creates Low-Cost Method for Solar Cell Metal Oxide Layers

Government Allows NTPC to Invest Over 30% of Net Worth in its Green Arm

<table id="amazon-polly-audio-table">
						<tr>
						<td id="amazon-polly-audio-tab">
							<div id="amazon-ai-player-label">Listen to this article</div>
							<div id="amazon-ai-player-container">
			<audio class="amazon-ai-player" id="amazon-ai-player" preload="none" controls controlsList="nodownload" >
				<source type="audio/mpeg" src="http://mercomindia.com/wp-content/uploads/2022/11/amazon_polly_45426.mp3?version=1669990353">
			</audio>
		</div>
							<div id="amazon-polly-subscribe-tab"></div>
							<div id="amazon-polly-by-tab"></div>
						</td>
						</tr>
					</table><a href="https://www.jinkosolar.com/en/" target="_blank" rel="noopener">Jinko Solar</a>, <a href="https://www.trinasolar.com/us" target="_blank" rel="noopener">Trina Solar</a>, <a href="https://www.jasolar.com/html/en/" target="_blank" rel="noopener">JA Solar</a>, <a href="https://www.longi.com/in/" target="_blank" rel="noopener">LONGi Solar</a>, and <a href="https://www.adanisolar.com/" target="_blank" rel="noopener">Adani Solar</a> were the leading module suppliers to the Indian solar market in the first half (1H) of the calendar year (CY) 2022, according to Mercom’s recently released <a href="https://mercomindia.com/product/mercoms-india-solar-market-leaderboard-1h-2022-market-shares-and-profiles" target="_blank" rel="noopener">India Solar Market Leaderboard 1H 2022</a>.
The report provides insights into the industry leaders’ market share and shipment rankings across the Indian solar supply chain.
The top five module suppliers accounted for 52% of the market share.
Besides Adani Solar, two other Indian module manufacturers made it to the top 10 module suppliers list.
<a href="https://mercomindia.com/wp-content/uploads/2022/11/Leading-Solar-Module-Suppliers-in-India-1H-2022-Jan-June.png"><img decoding="async" loading="lazy" class="aligncenter wp-image-45428 size-full" src="https://mercomindia.com/wp-content/uploads/2022/11/Leading-Solar-Module-Suppliers-in-India-1H-2022-Jan-June.png" alt="Leading Solar Module Suppliers in India 1H 2022 (Jan-June)" width="601" height="409" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/11/Leading-Solar-Module-Suppliers-in-India-1H-2022-Jan-June.png 601w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/11/Leading-Solar-Module-Suppliers-in-India-1H-2022-Jan-June-300x204.png 300w" sizes="(max-width: 601px) 100vw, 601px" /></a>The top-ranked companies witnessed some major developments through the year&#8217;s first half.
Jinko Solar’s module shipments globally <a href="https://mercomindia.com/increased-n-type-module-shipments-push-jinko-revenue/" target="_blank" rel="noopener">doubled</a> in the third quarter of 2022, according to the company. The N-type module shipments were approximately 3 GW, up 160% sequentially. Jinko Solar has built a vertically integrated solar product value chain, with an integrated annual capacity of 40 GW for mono wafers, 40GW for solar cells, and 50GW for solar modules, as of June 2022. The company has nine production facilities globally. The company announced a maximum efficiency of 25.7% for its large-size monocrystalline silicon TOPCon solar cell.
Trina Solar has announced the groundbreaking of its New Energy Industrial Park project in China to cover almost the entire PV manufacturing chain from polysilicon production to modules based on 210mm and N-type technology. The factory will include production lines with an annual output of 300,000 metric tons of industrial silicon, 150,000 metric tons of high-purity polysilicon, 35 GW of mono silicon, 10 GW of wafer slices, 10 GW of cells, 10 GW of modules, and 15 GW of auxiliaries for modules.
With 12 manufacturing bases and more than 20 branches worldwide, JA Solar’s business covers silicon wafers, cells, and modules. JA Solar products are available in 135 countries and
regions and are used extensively in ground-mounted solar projects and rooftop solar installations of commercial, industrial, and residential customers. The company has been listed on Fortune China 500 and Global Top 500 New Energy Enterprises for several consecutive years. In May 2022, JA Solar released its first n-type PV module, DeepBlue 4.0 X, marking its entry into the n-type PV product market. The company announced the maximum power of their n-type module reaching 625W and efficiency of up to 22.4%. The company’s solar modules are used across multiple utility-scale projects in India, including a 130 MW and a 70 MW ground-mounted project in Maharashtra, a 69 MW ground-mounted project in Telangana, and a 53 MW ground-mounted project in Gujarat, among others.
LONGi Solar has <a href="https://mercomindia.com/daily-news-wrap-up-vestas-supplies-to-vibrant-energys-wind-project/" target="_blank" rel="noopener">introduced</a> the Hi-MO 6, its first module designed exclusively for the global distributed consumer market. Using LONGi’s high-efficiency hybrid passivated back contact (HPBC) cell technology, Hi-MO 6 achieved a maximum efficiency of 22.8% in mass production. In May this year, LONGi <a href="https://mercomindia.com/mahindra-susten-commissions-175-mw-solar-project-rajasthan/" target="_blank" rel="noopener">supplied</a> 535 kW bifacial modules to Mahindra Susten, the engineering, procurement, and construction arm of Mahindra Group, for the latter’s 175 MW solar project in Kolayat of Bikaner district in Rajasthan.
Adani Solar is building a fully integrated and comprehensive 10 GW solar manufacturing ecosystem in Mundra, India. The Mundra plant is expected to play host to the entire solar manufacturing ecosystem, from polysilicon to modules, including ancillaries and supporting utilities. The company currently has a solar cell and module manufacturing capacity of 3.5 GW.
Adani was awarded a performance-linked incentive (PLI) amount of ₹6.63 billion (~$81.06 million) for a capacity of nearly 737 MW of vertically-integrated high-efficiency solar modules.
As the country strives towards developing the domestic module manufacturing capacity, the imports during the third quarter of this year <a href="https://mercomindia.com/bcd-effect-indias-solar-imports-down-exports-surge-in-q3-2022/" target="_blank" rel="noopener">saw</a> a decline of 59%. A detailed list of exporters and importers is available by subscribing to Mercom’s <a href="https://mercomindia.com/product/india-solar-export-import-tracker/" target="_blank" rel="noopener">India Solar Export-Import Tracker</a>.
A complete list of module suppliers and their market share is available through Mercom’s <a href="https://mercomindia.com/product/mercoms-india-solar-market-share-tracker/" target="_blank" rel="noopener">India Solar Market Share Tracker</a>.

Jinko, Trina, JA Solar, LONGi, Adani Top Solar Module Suppliers in 1H 2022

According to module shipment data for 2017, <a href="http://www.trinasolar.com/" target="_blank" rel="noopener">Trina Solar</a> was the single largest supplier of modules to India in 2017. The newly released report by Mercom India Research <a href="https://mercomindia.com/product/mercoms-india-solar-market-share-report/" target="_blank" rel="noopener">India Solar Market Leaderboard 2018</a> covers market share and shipment rankings across the Indian solar supply chain in 2017.
<a href="https://mercomindia.com/wp-content/uploads/2018/07/Leading-Solar-Module-Suppliers-in-India-2017.png"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-10507" src="https://mercomindia.com/wp-content/uploads/2018/07/Leading-Solar-Module-Suppliers-in-India-2017.png" alt="Leading Solar Module Suppliers in India, 2017" width="333" height="252" srcset="https://cms.mercomindia.com/wp-content/uploads/2018/07/Leading-Solar-Module-Suppliers-in-India-2017.png 333w, https://cms.mercomindia.com/wp-content/uploads/2018/07/Leading-Solar-Module-Suppliers-in-India-2017-300x227.png 300w" sizes="(max-width: 333px) 100vw, 333px" /></a>
The top 5 module suppliers made up over 45 percent of market share in 2017. <a href="https://www.canadiansolar.com/" target="_blank" rel="noopener">Canadian Solar</a> was the second largest module supplier to India followed by <a href="http://www.jasolar.com/html/en/" target="_blank" rel="noopener">JA solar</a> in 2017. The same three companies were also the top three suppliers to India in the same order in terms of cumulative installations.
Cumulatively, top 10 companies have supplied over 1 GW of solar modules to the Indian market.
A lot of the module supply dynamics could change based on how the <a href="https://mercomindia.com/domestic-manufacturers-safeguard-duty-imported-panels/" target="_blank" rel="noopener">safeguard duty case</a> plays out. There is also a good chance that many international companies could open manufacturing facilities in India especially if the SECI tender for <a href="https://mercomindia.com/seci-tenders-5gw-solar-manufacturing-capacity/" target="_blank" rel="noopener">5 GW</a> manufacturing capacity becomes a reality.
<a href="https://www.nextracker.com/" target="_blank" rel="noopener">NEXTracker</a> was the top tracker supplier to the Indian solar sector in terms of cumulative shipments at the end of 2017, followed by <a href="http://www.arctechsolar.in/" target="_blank" rel="noopener">Arctec Solar</a>. As of 2017, there were over 30 tracker suppliers to the Indian solar market. NEXTracker has over 1 GW in tracker sales to India. Top 3 tracker suppliers account for almost 70 percent of the market share in India.
In India, most solar large-scale projects do not have trackers. Cost plays a big part in using trackers in India. With most major Indian solar states enacting <a href="https://mercomindia.com/telangana-deviation-regulations-solar-wind-generation/" target="_blank" rel="noopener">deviation charges</a> for over or under production, trackers are not on the priority list of many developers in India.
“As the demand in China decreases, international companies are looking more and more towards India as one of the most important markets to expand into. An India market entry/expansion strategy has become a must for international companies if they are not already supplying to the country,” said Raj Prabhu, CEO of Mercom Capital Group.
<a href="https://mercomindia.com/wp-content/uploads/2018/07/Leading-Solar-Tracker-Companies-in-India-as-of-2017.png"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-10508" src="https://mercomindia.com/wp-content/uploads/2018/07/Leading-Solar-Tracker-Companies-in-India-as-of-2017.png" alt="Leading Solar Tracker Companies in India, as of 2017" width="332" height="250" srcset="https://cms.mercomindia.com/wp-content/uploads/2018/07/Leading-Solar-Tracker-Companies-in-India-as-of-2017.png 332w, https://cms.mercomindia.com/wp-content/uploads/2018/07/Leading-Solar-Tracker-Companies-in-India-as-of-2017-300x226.png 300w" sizes="(max-width: 332px) 100vw, 332px" /></a>
To learn more about the report and get a full list of market leaders, click <a href="https://mercomindia.com/product/mercoms-india-solar-market-share-report/" target="_blank" rel="noopener">here</a>
For a complete Market Share Tracker, click <a href="https://mercomindia.com/product/mercoms-india-solar-market-share-tracker/" target="_blank" rel="noopener">here</a>
Download Executive Summary <a href="https://mercomindia.com/india-solar-market-leaderboard-2018-executive-summary-form/" target="_blank" rel="noopener">here</a>

Trina Was Top Solar Module Supplier in 2017, NEXTracker the Top Tracker Supplier to India

<a href="http://www.trinasolar.com/en-glb/index" target="_blank" rel="noopener">Trina Solar</a>, a Chinese solar module and cell manufacturer has completed the acquisition of Nclave Renewable S.L., a Spanish solar tracker system manufacturer.
The value of the deal has not been disclosed yet.
This is the first time that a Chinese solar company has acquired a solar tracker producer outside of its home market. The acquisition is expected to accelerate Trina Solar&#8217;s strategic transformation from a leading PV product supplier to a global smart PV solutions provider.
With the acquisition, Trina Solar&#8217;s latest TrinaPro smart PV solutions will directly incorporate Nclave&#8217;s tracker products and engineering designs, while Nclave&#8217;s leading-edge technologies will also be deeply integrated into Trina Solar&#8217;s smart solutions.
Nclave was founded by the Clavijo Family and later merged with the company MFV Solar in 2017 with financial support from Q-Growth Fund. Nclave is involved in the development, design, manufacturing, installation, and maintenance of fixed tilts and solar trackers with more than 2.5 GW projects developed worldwide. The company has over 12 years of experience in the sector. It currently has its headquarters in Madrid, commercial offices in five continents and manufacturing facilities in Navarra, Spain. Its design for core parts and structures has received multiple international patents.
Founded in 1997, Trina Solar is one of the first Chinese solar companies listed on the New York Stock Exchange. As of the end of 2017, Trina Solar&#8217;s total module shipments had exceeded 32GW, ranking first in the world.
In the newly released Mercom’s <a href="https://mercomindia.com/product/mercoms-india-solar-market-share-report/" target="_blank" rel="noopener">India Solar Market Leaderboard 2018</a> report, it was <a href="https://mercomindia.com/2017-india-solar-market-leaders/" target="_blank" rel="noopener">revealed</a> that Trina Solar was the top module supplier to India in 2017. The report covers market share and shipment rankings across the Indian solar supply chain in 2017.
Image credit: By M.O. Stevens [<a href="https://creativecommons.org/licenses/by-sa/3.0" target="_blank" rel="noopener">CC BY-SA 3.0</a>], from Wikimedia Commons

Trina Solar Acquires Spain’s Solar Tracker Manufacturer Nclave Renewables

trina

Get the most relevant India solar and clean energy news.

RECENT POSTS