rooftop solar

According to statistics from the renewable energy ministry, India’s sleepy rooftop solar power sector has sprung into activity after many years of slumber, with more than 1,000 megawatt (MW) of rooftop solar capacity installed in the last six months alone. According to the most recent ministry statistics, 8,877 MW ofContinue Reading

rooftop solar

According to a recent research, the worldwide rooftop solar industry was worth $62.4 billion in 2019 and is expected to increase at a compound annual growth rate (CAGR) of 6.9 percent from 2020 to 2025. The advantages of rooftop solar are immeasurable. With PV costs competitive with grid rates, climateContinue Reading

Azure Power

Azure Power Global has announced that it had signed a binding agreement to sell its non-core rooftop solar portfolio to Radiance Renewables for ₹5.36 billion (~$73.5 million). A 100% subsidiary of the Green Growth Equity Fund (GGEF), India’s leading Climate fund managed by EverSource Capital, Radiance offers competitive renewable energyContinue Reading

Residential Rooftop

Annual installation of residential rooftop solar has declined from 199 MW in FY 2017 to 93 MW in FY 2020 despite attractive subsidy and falling equipment cost. However the increased power consumption in the residential segment, highly affordable and financially attractive schemes, falling prices. low EPC cost, remote site surveysContinue Reading