‘Why MSMEs are hesitant in embracing non-conventional energy sources like rooftop solar’

Sustainability for MSMEs: India is making giant leaps in the renewable energy sector. With a total installed energy capacity of 150.54 GW (as of November 30, 2021), it stands at the fourth position in the world in terms of installed capacity. This includes 48.55 GW of solar, 40.03 GW of wind, 4.83 of small hydropower, 10.62 of bio-power, and 46.51 GW of large hydropower. During the last 7.5 years, India’s renewable energy capacity has grown 1.97 times, with solar energy expanding over 18 times.

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