Rooftop installations in India are well behind utility-scale installations. Only 2 GW of rooftop solar has been installed as of Q1 2018 out of the 40 GW by 2022 target set by the government. To meet the target and the deadline, approximately 9 GW must be installed every year.
Most rooftop installations mostly are happening in the government, commercial, and industrial sectors. The residential rooftop market is almost negligible. This fledgling sector has not yet enjoyed any ground-breaking support or progress in spite of some policy backing from the government of late. There is a lack of viable financing options for residential customers as well.
India’s rooftop solar to utility scale PV ratio is one of the lowest in the world. Approximately 90 percent of solar installations in Australia are in the rooftop sector, whereas China has 40 percent and Germany 30 percent. Read More
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