Small Rooftop Solar Companies in India Struggle to Find Viable Financing Options
Smaller and newer entrants struggle to find financing options without high interest rates
January 24, 2019
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After winning the general elections in 2014, the Modi administration set a target of installing 100 GW of solar capacity by 2022, out of which rooftop solar capacity was slated to account for 40 GW. According to Mercom’s India Solar Project Tracker, so far, India has installed over 26 GW of solar capacity out of which rooftop solar installations make up only 11 percent.
Saumy Prateek
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