India Solar Energy Market Analysis Report 2023: Cumulative Installed Solar Energy Capacity Increased from 6.76 GW in 2016 to 54 GW in 2022, Expanding at a CAGR of 41.39%
The cumulative installed solar energy capacity in the country increased from 6.76 GW in FY 2016 to 54.00 GW in FY 2022, expanding at a compound annual growth rate of 41.39%.
There has been a spurt in the demand for renewable energy since conventional electricity generation methods such as thermal power plants are getting exhausted. In India, solar power is one of the most popular renewable sources of energy.
Back of the hand calculation and thesis
It’s important that all of us define our risks…
keep evaluating
Bull
Bear
and
Base Case scenarios!
Also, keep thinking what can go wrong and preparing ourselves!
The more I think about what can go wrong, the more I get sure of why a company like Websol might just be poised perfectly for a very non linear returns because of snowballing effect
and lollapalloza effect
- Survived worst macro environment
- Positioned itself for capex by minimal debt on books
- Next decade will be about Renewables energy and has to be given the climate positioning and more importantly world commitments
- Huge Demand at ground level which now seems to be real and not just EXPECTED demand
Given all these things…even with an average execution and average management with 1.8 Gw we can easily achieve 1000 (45- 50 eps ) 20-25 PE
by 2025!
Which is 10X !