India Solar Rooftop Market segmented by application (industrial, government, commercial and residential) and by state (Tamil Nadu, Karnataka, Uttar Pradesh, Gujarat, Andhra Pradesh, Rajasthan, West Bengal, Haryana, Punjab, Madhya Pradesh, Odisha, Delhi, Chhattisgarh, Kerala, Bihar and Maharashtra) is estimated to reach 151 GW by 2026 at a CAGR of 80 % during the forecast.
India Solar Rooftop market is expected to grow at a robust pace over the forecast. Favourable government measures and abundant solar resources is boost solar power generation in the country. Government of India has announced various policies and regulations such as Accelerated Depreciation, Capital Subsidies, Renewable Energy Certificates (RECs), Net Metering Incentives, Assured Power Purchase Agreement, etc. These schemes favours government to reduce the capital expenditure in building a solar power plant. Strong market fundamentals including declining costs and improving debt financing mean that the market will continue strong growth.
Maharashtra state is leading the solar rooftop market.
Government incentives and policies (30% of project cost offered by the MNRE and additional incentive from State governments) to push rooftop solar installations have also contributed to the growth over the last year.
This report includes a study of marketing and development strategies, along with the portfolios of leading companies. It includes the profiles of leading manufacturers such as 24×7 Electrician Services, 3dot Energy, 3en Clean Tech Pvt. Ltd., 7Parallels Techno-Consultants Pvt. Ltd., A.S.Infra Tech, A&T Power Systems Pvt Ltd, A1 Power Solutions, AA Solar India, Aarinas Power & Renewable Energy, Aarinas Power & Renewable Energy, Aaron Power Solutions, Aarushee Solar Energy LLP, Aatap Energy, Aavishkar Solar Technologies LLP, Aay Pee Wind Solar Systems, AB Energía Solutions Pvt. Ltd., AB-HI Solar Pvt. Ltd are some key player included in the India solar rooftop PV market.
Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the India solar rooftop PV market. Report encompasses the market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the India solar rooftop PV market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain India solar rooftop PV market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “India Solar Rooftop Market”.
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