JA Solar Exports 1000 MW Modules to India

Increasing imports of Solar modules is expected to drive the Solar rooftop market in India.

India: JA Solar Holdings, a solar development based company in Shanghai has sold solar modules with a capacity of 1000 MW to India. These imported solar modules can generate electricity up to 1.7billion units and it would also reduce carbon emissions by 1.47 million tons annually. By the end of 2017, JA Solar Holdings is expected to increase its production capacity of silicon wafers, cells and modules to 3 GW, 7 GW and 6 GW, respectively.

TechSci Research depicts that the increase in solar modules imports will drive the demand for Solar rooftop market in India. In 2015, the Government of India set a target of 100 GW of solar power generation in the country by 2022. Backed by favourable government measures and abundant solar resources, the solar rooftop market in India is expected to grow at a robust pace over the next five years. With the country’s per capita electricity consumption standing at around 746 Kilowatt hour, which is below the global average, demand for electricity in India is expected to increase over the next five years because of continuing economic growth.

According to released report of TechSci Research, “India Solar Rooftop Market By State (Delhi, Gujarat, Haryana, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Tamil Nadu) By End User (Commercial, Industrial, Residential) By Connectivity (On-Grid, Off- Grid) Forecast and Opportunities, 2021”, the solar rooftop market in India to grow at a CAGR of over 60% during 2016 - 2021. In India, the solar power market is in its developing stage, and numerous measures are being taken by the government to promote the use of solar energy in the country. In order to map the solar potential in the country, the Ministry of New and Renewable Energy (MNRE), a nodal Ministry of the Government of India for all matters relating to new and renewable energy, has installed 51 Solar Radiation Resource Assessment (SRRA) in the country to calculate the solar potential.