This is the second piece in a series of articles that will offer insights and perspectives from GTM Research and Bridge to India's new report, The India Solar Market: Strategy, Players, and Opportunities. To read part one, click here.
India's off-grid solar photovoltaic (PV) market has three major segments: captive power plants (where the majority of generation is consumed at the source), telecom towers, and rural electrification. The market potential for these PV segments has created an off-grid solar market in India forecasted to install more than 1 gigawatt per year by 2016.