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Revealing True Rooftop Solar Addressable Market in India: Making Business Sense of Tapped & UnTapped C&I Solar
6th October 2020 @ 3:30 pm - 5:30 pm IST₹2499
Reading Time: 2 minutes
Rooftop solar is cited as the most “Untapped” solar segment. But what does this mean exactly?
Under the National Solar Mission, the Government of India has set a target of installing 40 GW capacity of rooftop solar photovoltaic by 2022.. The industry exhibited an increase in solar rooftop capacity addition from 38 MW in 2012 to 3855 MW in 2018 & 5915 MW until June 2020 expanding at a compound annual growth rate (CAGR) of ~116% during the (2019-2024) period. However, limited availability of funds, policy and regulatory hindrances, Lack of general awareness and non-uniform grid assimilation are the major hurdles to the growth of the market.
The industrial sector is expected to dominate the market during the forecast period and an increasing number of Corporate PPA’s makes India the biggest market in Asia , owing to factors like very high tariffs for electricity from central grids. Commercial and Industrial sectors are showing a growing interest in distributed solar power generation due to various economic benefits and a constant source of energy to eliminate downtimes and equipment damage due to voltage fluctuations in conventional power grids. This has created a huge opportunity for rooftop solar in the country.
In this ExpertTalk you will gain an in-depth understanding of Addressable Rooftop Solar Market in India, identify the on-going trends and segment wise anticipated growth in the coming years, help stakeholders align their market-centric strategies, obtain research based business decision and add weight to presentations and marketing material
to gain a competitive edge in India’s dynamic rooftop solar sector. Stay tuned to learn more about the ins and outs of the C&I space. Whether you’re already actively involved in C&I solar, interested in transitioning into this space, or just want to increase your understanding of the industry, our goal with this ExpertTalk is to provide helpful perspectives
Let’s find out the share of potential C&I solar customers that are already tapped and what is the true market available. A Must Attend for Rooftop Solar Professionals to understand the dynamics of this unique sector.