Tata Power Solar, India’s largest integrated solar player, has said that it has been ranked #1 EPC rooftop solar player in the recently published India Solar Rooftop report 2017 by BRIDGE TO INDIA, a leading cleantech consulting and knowledge services provider.
According to the report, the total installed capacity in the rooftop segment is 1,396 MW as of 31st March 2017 including commercial, residential & industrial sector. Tata Power Solar leads the EPC market of 678 MW with a market size of over double than the closest competitor.
Commenting on the report findings, Vinay Rustagi, Managing Director, BRIDGE TO INDIA, said, “It is very encouraging to see rapid growth in the Indian rooftop solar market, which is benefitting from falling costs and growing customer awareness. We expect rooftop solar to grow from about 1.4 GW today to 13.2 GW by 2021 contributing about 22% of total solar capacity in the country. The industry remains highly competitive but Tata Solar Power has been able to maintain its leadership position in the EPC business due to its strong branding and nationwide presence across the value chain.”
Tata Power Solar installed nearly 140 MW of solar rooftop projects and 605 MW of utility scale projects within the year. Some prominent projects commissioned were India’s first solar carport of 2.7MW at Cochin International Airport and India’s largest vertical solar farm at Dell International Services building.
Ashish Khanna, ED and CEO, Tata Power Solar, speaking on the ranking said, “We are very happy to have retained this leadership position for fourth year and contributed to the solarisation of the country. This is a testimony to our capabilities and trust the consumers have on own brand. Backed by 27 years of experience we have been able to successfully deliver some prominent and diverse rooftop product offerings to cater to the ever evolving and challenging needs of our customers. We are confident that with more initiatives on policy framework including quality aspects there will be enormous growth particularly for Tata Power Solar in the rooftop segment.”
With a remarkable 27 year run, Tata Power Solar has cumulatively commissioned 140MW of rooftop and distributed generation projects till date. For more details on the report, download here: India Solar Rooftop Map 2017 (http://www.bridgetoindia.com/)
About Tata Power Solar:
Tata Power Solar, with 27 years of deep domain expertise, is one of the pioneering solar manufacturers in the world and India’s largest specialised EPC player. Founded in 1989, the company was originally formed as a joint venture between Tata Power and British Petroleum Solar (BP Solar). As a pioneer and market leader in the solar space, headquartered in Bangalore, Tata Power Solar now operates independently as a wholly owned subsidiary of Tata Power.
As one of the largest solar manufacturers in India, Tata Power Solar operates world-class manufacturing unit in Bangalore, with a production capacity of 400 MW of modules and 300 MW of cells. It has completed more than 330 MW of ground-mount utility scale and 140 MW of rooftop and distributed generation projects across the country till date. It also offers a diverse line of solar solutions for both urban and rural markets – these include rooftop solutions, solar pumps and power packs among others. Tata Power Solar is committed to enabling solar everywhere and aims to provide energy access to millions of people across the country via its integrated solar solutions.