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    Home > Chemicals Industry > International Chemical > The top 10 solar developers controlled 62% of India's market in 2017

    The top 10 solar developers controlled 62% of India's market in 2017

    • Last Update: 2022-12-27
    • Source: Internet
    • Author: User
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    According to Mercom India Research, more than 62% of India's large-scale PV market in 2017 was controlled
    by the country's top ten solar developers.

    The top 10 solar developers controlled 62% of India's market in 2017

    Last year, Indian power producer Greenko Group had a market share of 10.
    1 percent, Adani Group with 9.
    8 percent and ReNew Power Ventures with 9.
    6 percent
    .

    According to the data, India installed 9.
    63 GW of solar capacity last year, more than double the 4.
    3 GW added in 2016, of which about 8.
    6 GW were large-scale photovoltaic power plants
    .
    Raj Prabhu, CEO of Mercom Capital Group, said the top ten developers had a capacity of more than 5 GW of large-scale solar projects last year and were also the most active organizations
    in terms of fundraising, acquisition activity and potential candidates for initial public offerings.

    Adani Group tops the list in terms of cumulative installed capacity, while coal mining and power generation group NLC India has the largest project
    .
    At the same time, ACME Cleantech is the largest private company with the largest large-scale project under construction
    .

    By the end of 2017, India's installed PV capacity was 19.
    6 GW
    .

    According to Mercom India Research, more than 62% of India's large-scale PV market in 2017 was controlled
    by the country's top ten solar developers.

    solar energy

    The top 10 solar developers controlled 62% of India's market in 2017

    The top 10 solar developers controlled 62% of India's market in 2017

    Last year, Indian power producer Greenko Group had a market share of 10.
    1 percent, Adani Group with 9.
    8 percent and ReNew Power Ventures with 9.
    6 percent
    .

    According to the data, India installed 9.
    63 GW of solar capacity last year, more than double the 4.
    3 GW added in 2016, of which about 8.
    6 GW were large-scale photovoltaic power plants
    .
    Raj Prabhu, CEO of Mercom Capital Group, said the top ten developers had a capacity of more than 5 GW of large-scale solar projects last year and were also the most active organizations
    in terms of fundraising, acquisition activity and potential candidates for initial public offerings.

    Adani Group tops the list in terms of cumulative installed capacity, while coal mining and power generation group NLC India has the largest project
    .
    At the same time, ACME Cleantech is the largest private company with the largest large-scale project under construction
    .

    By the end of 2017, India's installed PV capacity was 19.
    6 GW
    .

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