Market trends

India added 11.1 GW of solar capacity from January to November 2021 India added about 11.1 GW of solar capacity from January 2021 till November 2021. This is about 249% higher compared to the installations done in 2020. In terms of cumulative installations, according to the data released by Ministry of New and Renewable Energy (MNRE), till November 2021, India’s RE installation capacity reached ~104 GW. Solar energy now contributes for approximately 47% share in the total RE segment now…

Assessing the Debt financing route to finance rooftop solar projects This is the third blog of our four-part blog series to assess and analyze the different routes via which C&I rooftop solar players are raising much-needed investments to further scale this sector and accelerate growth. In the first and second blogs, we dived into Equity investments and Mergers and Acquisitions to understand where do the majority of those investments come from and who are the key players. In this blog,…

Why are key players exiting the rooftop solar business? This is the second blog four-part blog series to assess and analyze the different routes via which C&I rooftop solar players are raising much-needed investments to further scale this sector and accelerate growth. In the first blog, we dived into equity investments to understand where do the majority of those investments come from and who are the key players. In this blog, we will look into another route through which investors…

Majority of equity investments in India’s rooftop solar segment are from foreign entities Accessible financing is a prerequisite to drive growth in the rooftop commercial and industrial (C&I) solar market in India. Presently, the C&I segment accounts for almost 75% of the total rooftop solar installations in India with annual additional installations of 1.3 gigawatts (GW) to 1.8GW in the last few years. In light of this, it becomes imperative to analyze how these players have been able to finance…