1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Renewable Energy Market Trends

Solar PV Market in India - Forecast, Trends and Opportunities 2014-2025

  • June 2015
  • 145 pages
  • Taiyou Research
Report ID: 3044911


Table of Contents

Search Inside

India has excellent solar resources which makes solar power an ideal energy resource in India. With high energy consumption and rising power needs in the country, the Indian solar photovoltaics industry has been booming in recent years. Surpassing 3,000 MW of installed capacity of solar photovoltaics in the year 2014, India is one of the fastest growing markets in the world for solar PV. While the industry has been traditionally driven by off-grid installations, it has been noticed in recent years that favorable renewable energy policies are driving a shift towards on-grid installations of solar PV.

The Government of India has put in place several favorable policies for the renewable energy industry, in particular giving an edge to the growth of solar PV in India. In its 11th Five Year Plan, the government spent nearly USD 38 million on research and development alone to make solar PV feasible in terms of lower costs, improved performance of PV power plants and boosting the efficiency of PV systems as well.

In this industry scenario, Taiyou Research analyzes the Solar PV Market in India. The report covers the following:

- An extensive profiling of the global solar photovoltaics industry through industry definition, analysis of the global solar power market, capacity analysis of the global solar PV market, cost analysis of solar power, analysis of the global polysilicon market and an analysis of the market for PV cell.

- Market growth drivers and challenges.

- Energy consumption in India and the ever growing power market in the country is analyzed.

- An analysis of the renewable energy industry in India and a look at global carbon emissions and also the global renewable energy industry. Growth of the renewable energy market in India by value and volume is included in the report, installed capacity of renewable energy as well as planned capacity additions, industry segmentation, power generated from renewable energy, regulatory framework governing renewable energy in India and an industry outlook. Data analyzed is from 2010 to 2019.

- Solar photovoltaics market in India is analyzed through solar PV installations, solar resource in India, power generated from solar PV, industry segmentation of the market by states, major solar PV power plants in India and other statistics. Data analyzed for the industry is from 2005 to 2025.

- The cost of solar PV in India and import/export scenario is analyzed along with a look at investment in this market.

- Brief analysis of the market for solar PV equipment is also included.

- Competitive landscape and an analysis of major industry players such as Adani Power, Reliance Power, Tata Power, Lanco Infratech, Maharashtra State Power Generation and many others is included in the report.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:


The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Global Solar Photovoltaic (PV) Market

  • $ 4250
  • Industry report
  • July 2017
  • by Mordor Intelligence LLP

Global annual solar power production is estimated to reach 500GW by 2020, from 40.134 GW in 2014, making this market one of the fastest growing ones. Solar Photovoltaic market is a billion dollar secto ...

Global Geothermal Energy Market

  • $ 4250
  • Industry report
  • July 2017
  • by Mordor Intelligence LLP

The Global Geothermal Energy Market has been estimated at USD XX billion in 2015 and is projected to reach USD XX billion by 2020, at a CAGR of XX% during the forecast period from 2015 to 2020. The global ...

Europe Renewable Energy Policy Handbook 2017

  • $ 3995
  • Industry report
  • May 2017
  • by GlobalData

Europe Renewable Energy Policy Handbook 2017 Summary Renewable energy represents a possible solution to two major global issues: global warming and diminishing fossil fuel reserves. It is sustainable and ...


Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.