A Step Closer To Our 500GW Vision

India has now surpassed 50 GW of cumulative installed solar capacity, as on 28 February 2022. This is a milestone in India's journey towards generating 500 GW from renewable energy by 2030, of which 300 GW is expected to come from solar power. Lower cost of generation due to deflating cost of solar modules and expected R&D in the sector will further reduce the cost of generation and storage making it more lucrative of investments.

Brook field Renewable India recently announced the successful commissioning of its first greenfield project in India, a 445 MW solar plant, near Jodhpur, Rajasthan.

Looking at the incessant growth of solar generation scenario in India, the solar energy is the next big thing in the distant future. In addition to that, currently India is at the 6th rank in the solar energy producing country list. MNRE is primarily responsible for R&D, intellectual property protection and international cooperation, promotion and coordination of renewable energy sources such as wind, small hydro, bio gas and solar.

Besides, the increasing number of favourable regulatory reforms and the rise in support by various governments in terms of funding and support has put the solar EPC market on full gear globally. On the other hand, the low investments required, reasonable profit margins and easy availability of skilled solar professionals make the industry in India more flourishing.

Given such a lucrative market opportunity that the industry holds, the solar EPC industry in India is experiencing the heat of the competition. This edition brings forth the Indian players of the solar EPC market that have most certainly burnt in the heat to become the diamond for the Indian Solar scenario. The companies featured here can bring you face to face with the practical nature of this very promising energy tech.

Do let us know what you think.