Even as Modi government set a target of having 40 gigawatt (GW) of rooftop solar capacity by 2022, many small businesses are hesitant to install rooftop solar panels, a survey said. Several high power-consuming SMEs perceive performance risks in using solar panels, according to a new report from Deloitte and Climate Investment Funds (CIF)
“The level of awareness about rooftop solar was quite low among the sample surveyed, many high-power consuming SMEs were hesitant to install rooftop solar because of the perceived performance risks,” the report added.
The report points towards introduction of supportive regulations, risk-bearing financing, and awareness building to scale up rooftop solar in the sector.