Featured in From the ground up – 04-2024

India’s $9bn rooftop revolution

Vinay Rustagi, senior director of renewables at risk-management business Crisil, considers the prospects of an ambitious $9 billion policy that India hopes will breathe life into its dormant home solar market.

By

pv magazine

09 Apr 2024

The Indian government has set an ambitious target for rooftop solar but installation figures fell short of expectations in 2022. | Photo: Microquanta

In January 2024, the Indian government unveiled an ambitious new scheme targeting the installation of 10 million residential rooftop solar systems. Formal details are still pending, but the government is aiming for the installation of 30 GW of rooftop capacity, with an average system size of 3 kW and total subsidy support of INR 750 …

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