July 24, 2020 Read More →

Demand, grid tariffs driving Indian business users to rooftop solar

Saur News Bureau:

Increasing electricity demand and rising grid tariffs for commercial and industrial (C&I) customers are driving business users to rooftop solar, which is not only cleaner and cheaper but also gives them tariff certainty for 25 years. 

In ‘Powering up Sunshine – Untapped Opportunities in India’s Rooftop Solar Market’, a new report from JMK Research & Analytics and the Institute for Energy Economics and Financial Analysis (IEEFA), authors Jyoti Gulia and Vibhuti Garg explore the increasing awareness of the benefits of rooftop solar electricity for India’s corporate consumers.

“Commercial and industrial (C&I) users consume approximately 49 percent of the electricity generated in India, but only 3.5 percent of the power procured by India’s C&I segment is from renewable sources,” said Gulia. “C&I rooftop solar has vast potential, and already accounts for 70-80 percent of all the country’s rooftop solar installations.”

[Staff Reporter]

More: Soon 20% of all C&I Solar Systems in India Will be Grid-Tied: Report

Posted in: IEEFA In the News

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