Subsidy Disbursement Delays are Hampering Growth of Residential Rooftop Solar in India
Many of the rooftop solar developers are not keen on taking up subsidy projects
May 14, 2018
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The Indian solar installation goal of 100 GW by the year 2022 set by the government calls for 60 MW of large-scale solar and 40 GW of rooftop solar. Though large-scale solar has witnessed exponential growth year-over-year, rooftop solar has lagged with approximately 2 GW installed as of March 31, 2018, according to Mercom’s India Solar Project Tracker and the current pace of installations is not sufficient to meet rooftop solar target in face of the 2022 target.