Rooftop

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India Installs 485 MW of Rooftop Solar Capacity in Q1, Up 6.4% YoY

In the first quarter (Q1) 2023, 485 MW of rooftop solar capacity was added, up 0.4% compared to 483 MW in Q4 2022. In a year-over-year (YoY) comparison, installations...

June 1, 2023

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Gautamee Hazarika

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Mercom Research Focus

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Rooftop

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Solar
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Savings from Rooftop Solar Can be a Healthy Revenue Stream for C&I Entities

As the cost of technology and installations have come down over the years, rooftop solar has undoubtedly emerged as a viable option to cut electricity bills for...

May 31, 2023

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Gourav Mishra

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C&I

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Mercom Research Focus

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Rooftop

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Solar
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Bank Guarantee of ₹250,000 Lets Vendors Register Statewide on Rooftop Solar Portal

To simplify the vendor registration procedure for the National Portal for Rooftop Solar, the Ministry of New and Renewable Energy notified that vendors can register for...

May 25, 2023

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Arjun Joshi

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Markets & Policy

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Rooftop

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Solar
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Tata Power Solar, Amplus, Roofsol Leading Rooftop Solar Installers in 2022

Tata Power Solar, Amplus Solar, Roofsol Energy, Fourth Partner Energy, and Hartek Solar were the top rooftop solar companies in India during the calendar year (CY) 2022,...

May 24, 2023

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Gautamee Hazarika

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Mercom Research Focus

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Rooftop

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Solar
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Greece Launches $261 Million Rooftop Solar Subsidy Program

Greece will provide €238 million (~$260.6 million) in subsidies to households and farmers for installing solar systems combined with a storage battery. The program will...

May 10, 2023

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Arjun Joshi

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Markets & Policy

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Rooftop

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Solar
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Mumbai Metropolitan Authority Invites Bids for 7 MW Rooftop Solar Projects

The Mumbai Metropolitan Region Development Authority (MMRDA) has invited bids to install rooftop solar power projects of 7.1 MW at the stations and sites of the Mumbai...

April 25, 2023

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Gautamee Hazarika

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Rooftop

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Solar

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Tenders & Auctions
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Collateral-free Loan, with Low Down Payment Key to Rooftop Solar Adoption

The upfront investment can more often dissuade potential customers from adopting rooftop solar. However, the hesitation can be overcome with a collateral-free loan with...

April 21, 2023

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Gourav Mishra

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C&I

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Rooftop

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Solar
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Tesla Misses Rooftop Solar Installation Target by Big Margin: Report

A recent report by Wood Mackenzie said that Tesla Solar Roof achieved 2% of its weekly rooftop solar systems installation target last year due to increasing competition....

March 31, 2023

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Satish Shetty

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Markets & Policy

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Rooftop

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Solar
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Apartment Complex in Bengaluru Tastes Rooftop Solar Success, Expands Capacity

In a telling testimony to the viability of rooftop solar in the residential sector, an apartment complex in Bengaluru has opted for the third phase of its rooftop solar...

March 31, 2023

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B.S. Nagaraj

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Consumers

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Rooftop

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Solar
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MSMEs Adopt Solar Readily If Savings on Power Bills Cover EMI Cost: Interview

Small businesses are open to adopting rooftop solar if loan repayment is not an additional burden and is equal to their savings on electricity bills. Entities in the...

March 17, 2023

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Sumit Jha

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Rooftop

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Solar
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European Parliament to Mandate Solar Rooftops for All New Buildings by 2028

The European Parliament adopted the revised Energy Performance of Buildings Directive, mandating the use of solar rooftop systems for all new buildings by 2028 and...

March 16, 2023

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Satish Shetty

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Consumers

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Markets & Policy

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Rooftop

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Solar
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States Achieve Half of the Allocated Rooftop Solar Capacity Under Phase II  

States have cumulatively installed only half of the allocated capacity of 3.38 GW in the residential rooftop solar segment as part of the Ministry of New and Renewable...

March 15, 2023

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Arjun Joshi

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Rooftop

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Solar
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Jindal Stainless to Invest ₹1.2 Billion to Install 27 MW of Rooftop Solar Projects

Jindal Stainless has announced it is planning to install two rooftop solar power projects of 21 MW and 6 MW capacity at its Jajpur and Hisar units, respectively, in a...

March 6, 2023

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Gautamee Hazarika

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Finance and M&A

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Rooftop

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Solar
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BlueOrchard Invests in U-Solar for Expanding C&I Rooftop Solar Portfolio

An infrastructure fund managed by BlueOrchard Finance (BlueOrchard) said it would invest in U-Solar, a renewable energy platform in India, to support the growth of the...

March 1, 2023

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Gautamee Hazarika

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C&I

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Finance and M&A

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Rooftop

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Solar
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India Installs 1.6 GW of Rooftop Solar in 2022, Down 4% YoY

India added 1.6 GW of rooftop solar capacity in the calendar year (CY) 2022, nearly a 4% decline year-over-year (YoY), compared to 1.7 GW in 2021, according to Mercom...

March 1, 2023

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Arjun Joshi

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Mercom Research Focus

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Rooftop

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Solar

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