List of leading companies in India for components, inverters, tracking brackets, developers, and EPC in the first half of 2018

India's cumulative installed capacity of photovoltaics in the first half of 2018 was 5 gigawatts, and currently the country's total installed capacity has exceeded 25 gigawatts.

Large solar power plants exceeding 1 MW were the main contributor to the total installed capacity in the first half of 2018, accounting for approximately 84%, while the remaining 16% was provided by rooftop solar energy, totaling 805 MW. As of June 2018, rooftop solar energy has grown by 55% year-on-year, with a cumulative installed capacity of nearly 2410 megawatts.

Yesterday, Indian research firm Mercom India released the latest 2018 Indian solar market rankings, revealing the leaders in the Indian photovoltaic industry and their market share and shipment rankings in the Indian solar supply chain.

Some large companies still maintain their leading positions, but we also see some new faces on this list, which means the market competition is very fierce, 'said the CEO of Mercom Capital Group.

According to the report, in the first half of 2018, the top 10 large developers held 55% of the market share, while all other developers held the remaining 45%. There are approximately 300 developers in the country engaged in the development of large-scale power plant projects, operating projects of at least 5 megawatts or more.

In the first half of 2018, the top 10 installers accounted for only 27% of all rooftop projects installed in India, while other rooftop developers held a 73% share, reflecting the dispersed nature of the market.

In terms of the total cumulative installed capacity in the first half of 2018, Adani remains the largest project developer in this field.

Sterling and Wilson became leading companies in the EPC field in the first half of 2018.

Approximately 70 large project developers have 5 MW or more registered projects in India. ReNew Power had the most registered projects at the end of the first half of 2018.

As of the end of June 2018, India's cumulative rooftop solar installed capacity exceeded 2.4 gigawatts, accounting for 10% of the country's total solar installed capacity. TATA Power has the largest cumulative rooftop product portfolio, and CleanMax became a top rooftop installer in the first half of 2018.

ABB still dominates the photovoltaic inverter market in India. As of the first half of 2018, ABB ranked among the top in exporting solar inverters to India.

Compared to string inverters, centralized inverters are more popular; Centralized inverters account for about 90% of total shipments, while string inverters account for a cumulative 10%.

In the first half of 2018, the top five component suppliers held over 37% of the market share. As of the end of June 2018, Trina Solar was the leading Indian component supplier with the highest cumulative shipment volume, while ZnShine was the largest supplier in the first half of 2018.

There are over 50 solar installation structure suppliers in the Indian market, with Ganges Internationale being the largest supplier.

There are over 30 solar tracker suppliers in the Indian market. NEXTracker and Artech Solar lead in cumulative shipments. L&T was the largest supplier in the first half of 2018.