Scaling up rooftop solar in the Micro, Small, and Medium Enterprises (MSME) sector in India requires addressing issues related to lack of low-cost financing, inadequate level of awareness, and lack of rooftop aggregation models, according to a new report from Deloitte and Climate Investment Funds (CIF).
The Micro, Small, and Medium Enterprises sector is expected to contribute significantly to achieving the government’s target of building 40 gigawatt (GW) of the rooftop solar capacity by 2022. The report scaling up rooftop solar in the SME sector in India evaluates key issues based on the primary survey done across 150 MSMEs in six industrial clusters of rubber and plastic, auto, paper, pharmaceuticals, food and beverage, and textiles in India, selected on the basis of a pre-determined criteria.