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India's Rooftop Solar Capacity: Financing Models And Growth
While Capex and Opex were the most common methods in the past years, developers have introduced the Capex Plus or Green Power models.
08 Jul 2024, 07:37 AM IST
As India strives to achieve 500 gigawatts of renewable capacity by 2030, rooftop solar capacity is expected to play a significant role, with a target of 40,000 MW. However, the slower-than-expected adoption of rooftop solar capacities has raised concerns about its effectiveness. High installation costs have made it challenging for individuals to invest, and banks had been hesitant to finance rooftop projects. In response, developers ...
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