According to the www.techsciresearch.com report, “India Solar Rooftop Market By State, By Connectivity, By End User, Competition Forecast & Opportunities, 2011 – 2021”, the solar rooftop market in India to grow at a CAGR of over 60% during 2016 - 2021.
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
India Solar Rooftop Market Forecast 2021 - brochure
1. M a r k e t I n t e l l i g e n c e . C o n s u l t i n g
India Solar Rooftop Market By State,
By Connectivity, By End User, Competition
Forecast & Opportunities, 2011 – 2021
14. I n d u s t r y B r i e f
14
India Solar Rooftop Market Set to Grow at 60% till 2021
Increasing number of government initiatives coupled with favorable policy environment to boost solar rooftop
market in India through 2021
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.
In India, the solar rooftop market is still in its nascent phase, and the market is expected to grow at a robust
pace over the next five years backed by favorable government measures and abundant solar resources. In order
to boost solar power generation in the country, the 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 have been introduced by the
government to reduce the capital expenditure in building a solar power plant, and subsidize solar power
generation in order to make it economically viable for the stakeholders involved in the solar power business.
“In India, the total solar power generation capacity increased from around 160 MW in 2010 to more than 6,700
MW in 2016 owing to favorable government initiatives coupled with development in manufacturing technology
of solar panels. Improving manufacturing technology has led to reduction in cost of solar panels which has
resulted in reduction in cost of solar power generation. With declining cost of solar power and increasingly
favorable government policies, solar power industry is expected to witness bright days ahead.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global management consulting firm.
16. R e p o r t O r d e r i n g
To View Sample OR Purchase Report
Report Price
Report Name: India Solar Rooftop Market By State, By Connectivity, By End
User, Competition Forecast & Opportunities, 2011 – 2021
License Type Price
Electronic Access - Single User License $2500
CD-ROM Mail Delivery $3000
Hard Copy Mail Delivery $3500
Electronic Access - Multi-User License $5000
16