The surge of Rooftop Solar Capacity in India

Cumulative installed capacity in the rooftop solar segment in India crossed 10 GW and Gujarat has emerged as the leader in the segment with a contribution of 30 percent to the total capacity. The cumulative Roof Top Solar (RTS) installed capacity increased to 10.4 GW as of November 30, 2023, from 1.8 GW as of March 31, 2019. The Compound annual growth rate (CAGR) of RTS installations during the period is about 46 percent, according to information provided by the Union Ministry of New and Renewable Energy (MNRE). MNRE launched its Rooftop Solar Programme Phase-II in August 2019 to achieve 40 GW capacity in the RTS segment.

Gujarat is the leader in RTS installations in the country. In the cumulative capacity of 10.4 GW as of November 2023, Gujarat’s share was 3.2 GW. Industry analysts attribute Gujarat’s success in the RTS segment to its successful residential policy and the favourable stance of its DISCOMs towards rooftop solar projects.

Source:

https://www.thehindubusinessline.com/news/total-rooftop-solar-capacity-crosses-10-gw-gujarat-emerges-as-the-leader/article67671610.ece

Leave a Reply

Your email address will not be published. Required fields are marked *