Rooftop Solar Scheme Can Double the Capacity
10 months, 1 week ago

Rooftop Solar Scheme Can Double the Capacity

Deccan Chronicle  

Despite healthy growth, solar rooftop capacity has touched only 11 GW in the past five years. The rooftop solar capacity in the past five years increased to 11.1 GW as of December 2023 from 1.8 GW as of March 2019. The pace of installations in the rooftop solar segment has been constrained by various implementation challenges including delays in providing approvals by the state distribution utilities, lack of adequate financing avenues, and lack of awareness among consumers. The ‘Pradhan Mantri Suryodaya Yojana’ targets installing rooftop solar projects in one crore houses, enabling these households to generate up to 300 units per month and achieve savings in electricity costs. The rooftop solar projects under this scheme funded through subsidy support from the government, are expected to create a 20–25-GW demand opportunity for domestic solar module OEMs and system integrators over the next two to three years.

History of this topic

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