Post

India's Solar Rooftop Installations Grow 81% Y-o-Y

India's Solar Rooftop Installations Grow 81% Y-o-Y

India added 678 MW of rooftop solar capacity in 2016-17, growing at 81 per cent over the last year, reaching total installed capacity of 1,396 MW as of March 2017. The southern state of Tamil Nadu continues to lead in rooftop solar projects in the country. With an installed capacity of 163 MW as of March this year, the state outperformed all its peers in rooftop solar installations according to a report by Bridge to India, a global renewable energy consulting firm.

Industries are major drivers for rooftop solar installations in the country, contributing 590 MW. In Tamil Nadu too, the industrial segment contributed about 124 MW. State-owned establishments are expected to show robust growth in the coming years because of strong support from the government combined with 25-30 percent capital subsidies.

Bridge to India expects India’s rooftop solar capacity to cross the 2 GW mark during this fiscal, partly driven by several ongoing and recently completed rooftop solar tenders. The state-owned segment is expected to grow at  205 percent during this fiscal year, reports BusinessLine. Total rooftop solar capacity is expected to reach of 13.2 GW by 2021.

The interactive map found here depicts the number of solar installs in India. If you zoom in on a small area you can actually see a photo and details of each installation.

Share

About Amritt

Who We Are

Small or big, your business will love our financial help and business consultations! We are happy when our clients are too… Actually, this is quite simple to achieve – because each time we help them in sorting out different accounting intricacies or save the day before filing the taxes, they are happy indeed! And so are we.   

We have over Twenty years of experience helping our clients succeed in India
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Blog
Page
Dictionary
Comparisons
Capabilities
India Business Guide
Services
Private
Speaking
Insights
White Papers
News
Newsletters
Clients
Case Studies
Companies In India
Webinars
Presentations
Industries