Residential Rooftop Solar Market in India

Residential Rooftop Solar Market in India

Date of release-February 2024

This Indian Residential Rooftop report provides installation trends, key market drivers fostering sector growth, policy initiatives, details on net metering regulations for the residential segment, payback period for Rooftop solar systems compared to residential grid tariffs across states, Risks and challenges, and a detailed overview of key players in the industry.

Table of Contents

  1. Residential Rooftop Solar Market Overview
    • Installation Trends
    • Business Models
    • Key Players
  2. Key Market Drivers
    • Prospect of savings in electricity bill
    • Lack of Reliability of the Retail Electricity supply
    • Imposition of Regulatory Mandates
    • Extension of World Bank Credit Line
  3. Government Initiatives
    • Central Level
    • State level
  4. Net Metering Regulations for Residential Segment
  5. Payback on Rooftop Solar systems Versus Residential Grid Tariffs
  6. State-wise Attractiveness Index for Residential Rooftop Solar Sector
  7. Key Players
    • Tata Power
    • Amplus Solar
    • Solar Square
    • Zunroof
  8. Challenges
    • Policy & Regulatory Bottlenecks
    • Mandate of Domestic modules under Subsidy schemes
    • Increase in System cost
    • Weak Financing Support
    • Lack of Standardised and Digitised Information
  9. Way Forward

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