India’s E-Commerce Industry_ Untapped Market for Rooftop Solar

India’s E-Commerce Industry: Untapped Market for Rooftop Solar

The Jawaharlal Nehru National Solar Mission (JNNSM) has a solar capacity installation goal of 100 GW by 2022. The target requires 40 GW to be installed using rooftop solar. Currently, ...
Serious Policy Push Needed to Get India's Rooftop Solar Market to the Next Level

Serious Policy Push Needed to Get India’s Rooftop Solar Market to the Next Level

The rooftop solar segment in India has been growing at a brisk pace, with cumulative installed capacity reaching 3,260 MW as of December 2018. Rooftop installations grew 66% (year-over-year) with ...
KOR Energy Rooftop Projects

Rooftop Solar Developer CleanMax Secures ₹1.6 Billion Loan from PTC India

Mumbai-based rooftop solar energy company, CleanMax, has announced that its subsidiary CleanMax IPP has received ₹1.58 billion ($22.6 million) in a loan from PTC India Financial Services to refinance loans ...
/ / Finance and M&A, Solar
REC Group to Supply 45 MW of Panels for Rooftop Solar Projects in India

REC Group to Supply 45 MW of Panels for Rooftop Solar Projects in India

REC Group, a solar photovoltaic (PV) panels manufacturer, will supply 45 MW of solar panels for the development of rooftop solar projects in India. According to the company, it has ...
/ / Rooftop, Solar
Interview: Safeguard Duty Cost Impact on Rooftop Solar Could be as much as 20%

CleanMax Quotes L1 Tariff of ₹3.64/kWh for NREDCAP’s Rooftop Solar Tender

The New and Renewable Energy Development Corporation of Andhra Pradesh Ltd (NREDCAP) recently opened financial bids for the installation of 15 MW of grid connected rooftop solar PV system for ...
Tata Power and CleanMax Emerged as Top Rooftoop Solar Installers in India in 2017

Tata Power and CleanMax Emerged as Top Rooftoop Solar Installers in India in 2017

With increasing demand from government, commercial and industrial sectors, the rooftop solar sector is witnessing steady growth despite a lack of policy support and incentives. The growth trajectory of the ...
/ / Rooftop, Solar
Indian Solar Sector Received Over $10 Billion in Financing During 2017

Indian Solar Sector Received Over $10 Billion in Financing During 2017

In 2017, the Indian solar sector logged over $10 billion (~₹650 billion) in financing activity, according to Mercom Capital Group’s recently released 2017 Q4 and Annual India Solar Market Update ...
/ / Finance and M&A, Solar
Higher Power Tariffs, Not Policy Support, Driving India’s Rooftop Market

Higher Power Tariffs, Not Policy Support, Driving India’s Rooftop Market

The total combined capacity of rooftop solar installed in India has crossed 1.3 GW to date. As of the third quarter of 2017, rooftop solar projects totaling 1.3 GW had ...
/ / Markets & Policy, Solar
Finance

State Bank of India to Finance 100 MW of Grid-Connected Rooftop Solar Projects

The State Bank of India (SBI) announced it will provide Rs.4 billion (~$62.2 million) to private developers finance 100 MW of grid-connected rooftop solar projects in India. The financing is ...
rooftop - india

Here Are the Top Solar Rooftop Installers in India as of Q1 2017

In India, the rooftop solar sector is still in its early stages but with a lot of room to grow. Within the past two years, cumulative installations have reached around ...
/ / Rooftop, Solar