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India Solar Market Update – 2nd Quarter 2012

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India has crossed the symbolic milestone of 1 GW in installations this year; at the time of this update, cumulative solar installations in India stood at approximately 1,040 MW. India can proudly boast that it has overcome the uncertainties and growing pains to establish itself as one of the top solar markets going forward. The Indian solar market is driven by Jawaharlal Nehru National Solar Mission (JNNSM) with a goal to install 20 GW of solar power by 2022, however state solar policies, state level RPOs and off grid projects are quickly catching up.

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