Centre’s push accelerates pace of solar installations in houses, claims report

The increasing need for cost savings and growing awareness among residential consumers, along with a strong push by the Central government, is helping accelerate the pace of rooftop solar installations in India’s residential segment, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics said.

Gujarat, Haryana and Maharashtra are the three most attractive states for residential rooftop solar installations.

“This shows that the potential for rooftop solar installations in residential spaces is huge in India. We expect the growth of residential rooftop solar installations to accelerate in the near term across India because of the strong policy push and resurgent market demand,” says the report’s co-author Vibhuti Garg, Director, South Asia, IEEFA.