No shouting from the rooftop about this industry, at least not yet!
India’s solar sector is growing at a hectic pace but the rooftop segment has been slow off the blocks.
Recently, the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi approved Phase II of grid-connected rooftop solar systems to achieve a cumulative capacity of 40,000 MW from rooftop solar projects by 2022. The programme will be implemented with total Central support of Rs. 11,814 crore, with the government extending financial assistance of 40 per cent for 3 kW capacity and 20 per cent beyond 3kW up to 10 kW.
Will this trigger the next wave of rooftop solar adoption? Here is what sector experts say.
