Methodology adapted for assessment of state wise & sector wise solar rooftop Market potential in India
Rating concept for identification for potential of Solar Rooftop Market in India
Top line Solar Rooftop potential & cluster identification
Voice of Consumer (VOC) key findings and results
Assessment of key issues/barriers to Solar Rooftop Market development in India
Solar Rooftop lending scenario in India – Experience track of MSMEs
Key findings of VOC on financing of Solar Rooftop
Risk mitigation matrix for SRT business expansion in India
Original Equipment Manufacturers’ (OEMs) price benchmarks for installations
About
Will solar rooftop Market face competition from open access market boost enabled by Green Open Access Regulation (GOAR) in India or will it continue to thrive & build strong grounds?
Solar rooftop is going to play a pivotal role in India’s capacity addition through utilization of energy from sun. While the utility scale solar capacity addition saw a significant jump of ~ 5 GW when compared on y-o-y basis for CY 2020 and CY 2021, respectively. Overall solar capacity addition in India breached the 10 GW in CY 2021 wherein the utility scale addition stood at 8.3 GW and solar rooftop contributed to 1.7 GW. This growth in momentum of solar rooftop capacity addition was driven mostly by commercial and industrial players at large. It is, however, pertinent to note that despite the north-bound trajectory of overall costs in terms of installation which grew nearly 17%
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Report Insights
Solar rooftop market hold immense potential in securing last mile green connectivity in India with possibly least impact upon grid stability. Most of the RTS developers and value chain providers are building fast paced solutions to tip the key bottlenecks of awareness among consumers and purchasing power parity in the event of lack of apt finances. In this milieu with correct measures by Government has enabled a right atmosphere for increased pace of RTS capacity additions in the country
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