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India Solar Rooftop Market Set to Grow at 60% Till 2021: Says TechSci Research

India Solar Rooftop Market Set to Grow at 60% Till 2021: Says TechSci Research

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According to a recently published TechSci Research report “India Solar Rooftop Market By State, By Connectivity, By End User, Competition Forecast & Opportunities, 2011 – 2021”, the solar rooftop market in India is projected to grow at a CAGR of over 60% during 2016 – 2021, predominantly on account of rising government focus on increasing the share of solar power in the country’s energy mix. As per the Census of India 2011 and Wasteland Atlas of India 2011, the total solar power capacity in the country stood at 748 GW, which is more than twice the country’s total installed power capacity. In 2015, Government of India had set a target of 100 GW of solar power generation in the country by 2022, which is five times more than the target set in 2009.

Source: PRnewswire
Anand Gupta Editor - EQ Int'l Media Network

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