India‘s Solar Market Achieves Historic Breakthrough
According to JMK Research and the Ministry of New and Renewable Energy (MNRE), India added a record 45GW of solar PV capacity in FY2026 (April 2025 – March 2026). During the same period, India’s total non-fossil fuel capacity increased by 55.3GW, reaching 275GW cumulatively, with solar dominating the additions.
This explosive growth is driven by rapid development of large-scale solar parks, the PM Surya Ghar Muft Bijli Yojana (which promotes residential rooftop solar), and the continuous expansion of module manufacturing capacity – India‘s solar module capacity has grown from approximately 119GW a year ago to about 172GW.
Market Drivers: Policy + Manufacturing + Storage
- Rooftop Solar Incentives: The PM Surya Ghar scheme offers subsidies and low-interest loans to install rooftop solar on 10 million households, fueling distributed solar growth.
- Local Manufacturing: India’s module capacity has reached 172GW, but cell capacity lags (~27GW), creating stable demand for high-efficiency cells and modules from international brands like JinkoSolar.
- Storage Policy Boost: The government has extended BCD exemption on lithium-ion batteries until March 31, 2028, reducing dependency on imports and supporting alternative technologies like sodium-ion. This improves the cost environment for solar+storage projects.
What Kind of Modules Does the Indian Market Need?
India‘s diverse climate – from desert heat in Rajasthan to coastal humidity – demands modules with high-temperature resistance, anti-PID performance, and salt-mist tolerance. Rooftop projects also benefit from high-power, high-efficiency modules to maximize limited space and reduce BOS costs.
Chasun Solar’s One-Stop Solution: Modules + Inverters + Batteries
| Product | Model/Technology | Core Advantages | Value for India |
|---|---|---|---|
| Solar Module | Jinko Tiger Neo 3.0 670W N-type TOPCon | 24.5%+ efficiency, 85±5% bifaciality, -0.26%/°C, <1% 1st-year degradation | Minimal power loss under desert heat; rear-side gain; fewer modules reduce tariffs & installation costs |
| Microinverter | GEN3 Series | 60V low-voltage safety, 6 independent MPPTs, IP67, Wi-Fi/RS485 | Handles complex shading on Indian rooftops; IP67 dust/water resistance; real-time per-module monitoring |
| Battery | LiFePO4 | 6,000 cycles, modular 5kWh-1MWh, intrinsically safe, -20~55°C operation | Leverages BCD exemption to lower storage costs; suitable for C&I peak shaving & residential backup |
Why Chasun Solar?
- ✅ JinkoSolar Gold Medal Agent: Grade-A cells only, positive tolerance, fully traceable. Also supplies JA Solar, LONGi, Trina and other Tier-1 brands.
- ✅ One-Stop Procurement: Modules + inverters + batteries – one window for all needs, saving time and communication costs.
- ✅ India-Ready: Tiger Neo 3.0’s excellent high-temperature performance (-0.26%/°C) and 85±5% bifaciality suit most Indian climates; GEN3 IP67 protection handles dust and humidity.
- ✅ Free Technical Support: System design and LCOE calculation to help customers optimize configurations and ROI.
- ✅ 12-Year Warranty, 48-Hour Response: Fast after-sales support ensures long-term project stability.
ROI Example: 1MW Ground-Mount Plant in Rajasthan, India
Assume 1,800 annual utilization hours (typical for many parts of India), electricity price $0.06/kWh:
| Comparison | Standard PERC 550W | Jinko Tiger Neo 3.0 670W |
|---|---|---|
| Number of Modules | ~1,818 | ~1,493 (18% fewer) |
| 25-Year Generation | ~49.5 million kWh | ~54.0 million kWh |
| Generation Revenue | $2.97 million | $3.24 million |
| Difference | - | +$270,000 |
Adding storage can further enhance returns through peak shaving and backup power.
India‘s Solar Market ‘Golden Era‘ Has Arrived
Record 45GW annual addition is just the beginning. With PM Surya Ghar advancing, storage costs falling, and manufacturing scaling up, India is set to remain one of the world’s top three solar markets for years to come. Chasun Solar is ready to partner with you to seize opportunities in this dynamic South Asian market.
CTA: Contact us today for a custom India solar+storage solution design and LCOE calculation!
Post time: Apr-13-2026