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pixabay.com | OpenClips

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India Solar Rooftop Market By State, By End User, Forecast and Opportunities, 2021

“India Solar Rooftop Market By State (Delhi, Gujarat, Haryana, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Tamil Nadu) By End User (Commercial, Industrial, Residential) By Connectivity (On-Grid, Off- Grid) Forecast and Opportunities, 2021”

India’s solar power potential within the country’s geographical limits is high as majority of the geographical area lies within the tropics. 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 of the country’s total installed power capacity. In 2015, the Government of India set a target of 100 GW of solar power generation in the country by 2022. Backed by favorable government measures and abundant solar resources, the solar rooftop market in India is expected to grow at a robust pace over the next five years.

With the country’s per capita electricity consumption standing at around 746 Kilowatt hour, which is below the global average, demand for electricity in India is expected to increase over the next five years on account of continuing economic growth. Government of India is focusing on expanding the renewable. READ MORE

Source

RESEARCHANDMARKETS 2016

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