Daily News Wrap-Up: Cost Savings Help MSMEs Move Toward Rooftop Solar
Sterlite awarded ISTS project for evacuation of 20 GW of renewables in Rajasthan
March 20, 2023
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Small businesses are open to adopting rooftop solar if loan repayment is not an additional burden and is equal to their savings on electricity bills. Entities in the commercial and industrial segment are increasingly moving towards renewable energy options, including rooftop solar, given the immense benefits they bring in terms of cost savings and reputation as sustainable companies. Vikas Agarwal, the co-founder of non-banking financial company Credit Fair, said in an interview with Mercom India that there is an uptick in rooftop installations in the residential segment after the Union government launched a national portal for rooftop solar to submit applications.