India reached 1,396MW of rooftop solar deployment at the end of March, with nearly half (678MW) of this installed just in the fiscal year 2016-17, according to the latest ‘India Solar Rooftop Map’ from Bridge to India.
Indian rooftop solar tariffs are expected to reach an all-time low under Solar Energy Corporation of India’s (SECI’s) latest 1GW rooftop tender, according to forecasts from consultancy firm Bridge to India.
The rooftop solar market in India has grown at a CAGR of 98% in the last four years. As of 30 September 2016, total installed capacity stands at 1,020MW. Bridge to India's Jyoti Gulia looks at both the causes and the path ahead.