Solar PV Module Manufacturing in India – Comprehensive Consulting Assistance by Solar Mango
Are You Planning to Set Up a Module Manufacturing Unit in India?
Talk to Solar Mango and benefit from our specialized expertise in the solar module sector.
Capitalize on Government’s Pro-Solar Manufacturing Policies
The Modi Government at the Centre is providing an enormous impetus on ‘Make in India’ for Solar and has also set a super-ambitious target of 100 GW of Solar by 2022. The ministry is even considering to provide direct subsidies to Solar Panel manufacturers to encourage growth. Given all this huge thrust, Indian businesses are having the most attractive opportunity in Solar, now.
Interested? Send a note to firstname.lastname@example.org or Call Narsi 7358263274
India today has an installed domestic module manufacturing capacity of about 3100 MW. Of this, India’s top tier module manufacturing companies contribute about 40% of the overall capacity. Solar Mango estimates that an additional 400 MW will be added between May and Dec 2016, and an additional 650 MW in 2017.
Given these market conditions, it is important for the client to evaluate the expected growth, demand and market potential of solar modules before testing the waters. Solar Mango, armed with the experience gained from assisting corporates diversifying into the module manufacturing vertical, can provide rare insights in the following key sections:
Market Potential Analysis
Solar Mango can do a thorough analysis and determine the market potential for Solar PV modules as mentioned below:
Market potential for modules
- Current Demand
- Future Demand
- Demand for various segments
- By region
- By rooftop or ground-mounted
Current Supply and Competitor status
- Domestic manufacturing scenario of modules currently
- Domestic manufacturing scenario of modules forecast until 2020
- Trends in imports of modules – now and until 2020
Demand – Supply Analysis
- Estimates of module demand-supply for different scenarios – Optimistic, likely, pessimistic
- Solar Mango will provide an understanding of what are the policies and regulatory barriers that one needs to be aware of-before entering module manufacturing
- Role of DCR (Domestic Content Requirement) in the success of module business in India
- Future prospects of the module business inside and outside India
The solar PV manufacturing sector has significant challenges. Some parts of the value chain such as Polysilicon manufacturing have no domestic players but are high risk investments, given the high Capex involved and the significant global competition.
On the other hand, module manufacturing is a relatively low risk game from a Capex standpoint, but have significant competition from numerous domestic companies as well as Chinese companies that offer similar products at far lower prices.
For a new entrant in solar module manufacturing, it is necessary to evaluate the competition before anything and Solar Mango can evaluate the competitive landscape within the sector, with detailed look at the strengths and weaknesses of principal competitors as follows:
Evaluation of Key Players
We can do a thorough assessment on the 10 most successful players in Solar PV manufacturing segment which will include details on the following:
- Profiles, history and years in operation
- Regional scope of activities
- Size of company in terms of number of employees, revenues, growth in revenues
- Details on the growth of the company in terms of revenues, regional expansion etc.
- Comprehensive details of the products and solutions offers and business model followed
- Key success factors behind their profit leadership and market share leadership.
- Key bottlenecks and challenges faced, and solutions being developed for the same.
Techno-Commercial Feasibility Analysis
Solar Mango can provide a comprehensive study of the cost structures and expected returns from a module plant.
Cost of setting up a module plant
- Capital costs
- Break-up of capital costs
- Operating costs
- Break-up of operating costs
- Other expenses
Expected returns from setting up a module plant
- Simulated returns under multiple scenarios, based on various dimensions
- Price of modules
- Capacity utilization
- Cash flow statements for the various scenarios simulated above
- Payback periods plus return on investments
As one of the few companies in India who has undertaken strategic and techno-economic feasibility studies for every component of the solar PV business value chain, Solar Mango will be an invaluable partner and guide for you in your exploration into the solar PV module manufacturing.
Our specialized consulting division provides assistance in market research & business intelligence, market potential analysis, strategy consulting, technology vendor/supplier finder, technology & business due diligence, M&A assistance and more for the complete clean energy, environment and sustainability value chain.
We have assisted a range of stakeholders, small businesses/SMEs, startups, large corporations, state and central government, venture capital companies, private equity firms, investment banks, NGOs and more. Send a note to email@example.com if you wish to take our consulting help.
Our specialized consulting has benefitted clients all across India and select countries outside:
We has provided consulting & industry research assistance across India, having clients who have benefitted from our consulting or research from the following cities:
Ahmedabad | Amravati | Amritsar | Asansol | Aurangabad | Bangalore (Bengaluru) | Belgaum | Bhavnagar | Bhopal | Bhubaneswar | Bikaner | Chandigarh | Chennai (Madras) | Coimbatore | Cuttack | Dehradun | Delhi | Dhanbad | Durgapur | Faridabad | Firozabad | Gandhinagar | Gangtok | Ghaziabad | Guntur | Gurgaon | Guwahati | Gwalior | Hyderabad | Indore | Jabalpur | Jaipur | Jalandhar | Jalgaon | Jammu | Jamnagar | Jamshedpur | Jodhpur | Kalyan | Kanpur | Kochi (Cochin) | Kolhapur | Kolkata (Calcutta) | Kota | Kozhikode | Lucknow | Ludhiana | Madurai | Mangalore | Meerut | Mumbai (Bombay) | Mysore (Mysuru)| Nagpur | Nashik | Navi Mumbai | Nellore | Noida | Patna | Pimpri & Chinchwad | Pune | Raipur | Rajkot | Ranchi | Salem | Sangli | Solapur | Surat | Thane | Thiruvananthapuram (Trivandrum) | Tiruchirapally (Trichy) | Udaipur | Vadodara (Baroda) | Vijayawada | Vishakapatnam | Warangal
Countries worldwide where we have assisted clients through research reports or consulting
Australia | Austria | Bahrain | Belgium | Brazil | Canada | Chile | China | Croatia | Czech Republic | Denmark | Estonia | Finland | France | Germany | Hong Kong | Hungary | Greece | Iceland | India | Indonesia | Ireland | Israel | Italy | Japan | Kuwait | Latvia | Lithuania | Luxembourg | Malaysia | Malta | Mexico | Netherlands | New Zealand | Norway | Portugal | Republic of Korea (South Korea) | Russia | Saudi Arabia | Singapore | Slovakia | Slovenia | South Africa | Spain | Sweden | Switzerland | Thailand | Tunisia | Turkey | United Kingdom (UK) | United States of America (USA)
Specific Domains We Operate in
Solar PV– Rooftop Solar | Residential Rooftop Solar | Commercial & Industrial Rooftop Solar | Ground Mounted Solar Farms | Solar Farm Operations & Maintenance | Solar Farm Monitoring & Control | Solar Power Integration with Grid | Offgrid Solar | Solar Water Pumps | Solar Street Lights | Off-grid Solar Homes ||| Solar PV Components – Solar Trackers | Single Axis Solar Trackers | Dual Axis Solar Trackers | Solar Inverters | Solar Power Plant Central Inverter | Solar Power Plant String Inverter | Solar Power Plant Micro-Inverter | Solar PV Mounting Structures | Solar Power Plant Monitoring & Control Systems | Solar PV Wafers | Solar PV Cells | Monocrystalline Solar Cells | Polycrystalline Solar Cells | Thin Film Solar Cells | Bifacial Solar Cells | Solar Modules/Panels | Solar Panel Backsheets | Solar Panel Aluminium Frames | Solar Panel Encapsulants | Building Integrated Solar PV | Solar PV Storage | Concentrating Solar PV |
Solar Thermal – Low-Temperature Solar Thermal | Solar Water Heating | Solar Cooking | Solar Drying | Medium & High Temperature Solar Thermal | Medium Temperature Commercial & Industrial Heating Using Solar Thermal | High Temperature Industrial Heating Using Concentrated Solar Thermal | Concentrating Solar Power | Storage for Concentrating Solar Power | Fresnel Lens based Concentrating Solar Power | Power Tower based Concentrating Solar Power | Parabolic Trough based Concentrating Solar Power | Dish based Concentrating Solar Power | Hybrid Solar Energy | Solar Wind Hybrid | Solar Biomass Hybrid | Solar PV / Thermal Hybrid
Bio-energy for Heating – Combustion-based Biomass Heating | Gasification-based Biomass Heating | Anaerobic Digestion based Biomass Heating
Bio-energy for Power – Combustion-based Biomass Power | Gasification-based Biomass Power | Anaerobic Digestion based Biomass Power | Biomass Combined Heating & Power | CHP Boilers for Biomass | Operations & Maintenance for Biomass-based Energy Plants | Biomass Storage | Biomass Pre-processing | Biomass Ash Management,
Bio-energy for Transportation – Ethanol | First Generation Ethanol | Second Generation Cellulosic Ethanol | Biodiesel | Biodiesel through Transesterification | Hydrogenated Vegetable Oil – HVO | Bio-butanol | Bio-methanol | Bio-CNG | Aviation Biofuels
Other Bio-energy – Biogas | Syngas
Bio-Energy Crops – First Generation Bio-energy Feedstock | Agricultural Waste Feedstock | Dedicated Energy Crops | Perennial Biomass Bio-energy Feedstock | Prominent Biomass Feedstock for Heating & Power | Sawdust for Heating & Power Generation | Rice Husk for Heating & Power Generation | Paddy Straw for Heating & Power Generation | Bagasse for Heating & Power Generation | Julieflora for Heating & Power Generation | Bamboo for Heating & Power Generation
Electrical Storage – Capacitors | Superconducting Magnetic Energy Storage | Chemical Storage | Hydrogen Storage | Fuel Cells
Electrochemical Storage – Battery | Lead Acid Battery | Lithium Ion Battery | Emerging Battery Types | Sodium Sulfur Battery | Solid State Batteries | Battery Management Systems
Mechanical Storage – Pumped Hydro Energy Storage | Flywheel Energy Storage | Compressed Air Energy Storage
Sustainable Transport – Two Wheelers | Bicycles | Electric Bicycles | Electric Motorbikes | Electric Scooters | Electric Three Wheelers | Sustainable Car Transport | Electric & Hybrid Electric Cars | Battery-based Electric Cars | Hybrid Electric Cars | Plug-in Hybrid Electric Cars | Fuel Cell Electric Cars | Electric Light Commercial Vehicles | Electric Mini Trucks & Vans | Electric Buses | Fuel Cell Buses | Electric Heavy Commercial Vehicles | Electric Trucks | Sustainable Rail Transport | Sustainable Aviation | Fuel Cell Vehicles | Sustainable Transport Infrastructure | EV Charging Infrastructure | DC Charging for Electric Vehicles | AC Charging for Electric Vehicles | Battery Swap Stations for Electric Vehicles | Hydrogen Fueling Infrastructure | Sustainable Transport Fuels and Fuel Standards
Sustainable Transport Fuels – Biodiesel | Ethanol | Bio-CNG | Other Biomass-based Liquid Fuels | Hydrogenated Vegetable Oil – HVO