Featured in Purchasing power – 04-2025

C&I solar PPAs gaining traction in India

India’s cumulative installed, open-access (offsite) solar generation capacity reached 20.2 GW at the end of 2024. The market is set for significant expansion, driven by corporates’ sustainability goals and favorable economic and policy factors.

By

Uma Gupta

01 Apr 2025

Acme Solar recently signed a PPA for a 680 MW firm and dispatchable renewable energy project in India. | Photo: Acme Solar

India’s commercial & industrial (C&I) solar market is booming. The segment is poised for significant expansion as businesses look for cost-effective and sustainable energy solutions. The massive expansion in the C&I solar segment is further fueled by a combination of attractive economic and policy factors.“This substantial growth is driven by escalating grid tariffs which, in …

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