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Market Report

Solar Rooftop Market Opportunity in India

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Report Summary State wise & sector wise potential based on Voice of Customer (VoC) Survey Inputs to filter out upcoming clusters for solar rooftop installations

Solar Rooftop Market Opportunity in India

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    Will solar rooftop segment 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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