India''s rooftop solar initiative PM Surya Ghar Yojana is rapidly transforming the country''s energy landscape as it is on track to install over 10 lakh by March 2025. In a
The rooftop solar sector also experienced significant growth in 2024, with 4.59 GW of new capacity installed, marking a 53% increase from the year 2023. The PM Surya
Based on the benchmark costs for solar, wind and storage capacities, the project could involve an investment of INR 1,500 crore. SAEL plans to commission 2.5 GW of
India''s installed rooftop solar capacity will reach 25 GW to 30 GW by fiscal 2027 from 17 GW in fiscal 2025, according to CareEdge Advisory & Research.
India''s renewable energy sector surged in May 2025 with major solar and hybrid projects by NTPC, Reliance, Adani, and others, advancing the 500 GW clean energy goal.
India''s rooftop solar market is on a robust growth trajectory, driven by increasing energy costs, supportive government policies, and growing corporate commitments toward sustainability.
India added 2.8 GW of rooftop solar capacity in the first half (1H) of 2025, according to Mercom India''s newly released Q2 2025 India Rooftop Solar Market Report. The
With the Union Budget 2025-26 approaching, the solar industry anticipates key policy and financial measures to sustain this momentum. The budget is expected to increase
India''s rooftop solar market will grow on an average 33% annually between FY 2025 and FY 2027, reaching an installed capacity of 30 GW by FY27 from 17 GW in FY25, according to a new report by CareEdge
Explore India''s booming solar energy sector in 2025 with investment opportunities, government incentives, and green energy compliance.
Part 1 deals with an overview of residential rooftop solar installation (January 2025) across the country, and Part 2 will analyse the uptake of rooftop solars.
JMK Research anticipates a robust addition to India''s solar capacity in fiscal 2025, slated to reach approximately 21.2 GW by March 31, 2025. This surge will encompass
ICRA expects India to add 22 GW of new solar power generation capacity in FY 2025 and 27.5 GW in FY 2026, taking its cumulative installed PV capacity to 131.5 GW from 82 GW as of March 31, 2024.
Commenting on the capacity addition prospects, Girishkumar Kadam, Senior Vice President & Co-Group Head - Corporate Ratings, ICRA, said: "The healthy renewable
As grid stability and peak demand challenges grow, promoting battery energy storage systems (BESS) and hybrid rooftop + storage models will future-proof installations and enhance energy...
MERCOM INDIA ROOFTOP SOLAR MARKET REPORT Q2 2025 – 1.6 GW INSTALLED IN Q2 2025 India added 2.8 gigawatts (GW) of rooftop solar capacity in the first half (1H) of calendar year (CY) 2025.
India''s fiscal budget for 2024-25 (April-March) on July 23 proposed free electricity under a rooftop solar power plan to grow renewables while promising to boost
For India to achieve its 600 GW clean energy goal, rooftop solar must become a national priority. By learning from global success stories, addressing financial barriers, and implementing robust policies, India can
The fiscal year 2025 alone saw India add 17.4 GW of utility-scale capacity and 5.15 GW of rooftop solar installations. Rajasthan led the race with 6.5 GW added, followed by
There are also rising solar stars today. India''s comprehensive solar strategy – covered in a dedicated chapter (see p. 60) – is beginning to bear fruit. The most populous
India''s rooftop solar initiative PM Surya Ghar Yojana is rapidly transforming the country''s energy landscape as it is on track to install over 10 lakh by March 2025. In a statement, the Ministry of New and Renewable Energy
The potential for rooftop solar in India by 2025 is promising, characterized by rapid growth trends driven by government initiatives, technological advancements, and increasing awareness.
In Short : The Union Budget 2025 boosts India''s solar industry with higher allocations, incentives for domestic manufacturing, and expanded rooftop subsidies. It
India is rapidly emerging as a global leader in renewable energy, targeting 500 GW of capacity by 2030, with solar power expected to contribute 280 GW. Rising electricity costs and increasing sustainability
Between January and March 2025, India installed 7.8 GW of solar capacity, bringing the total to 89.7 GW, according to Mercom India. This includes 70.3 GW of utility-scale solar and 19.4 GW of rooftop solar.
Explore global trends and investment opportunities in rooftop solar energy in Thailand, a key player in clean energy innovation.
Part 1 deals with an overview of residential rooftop solar installation (January 2025) across the country, and Part 2 will analyse the uptake of rooftop solars.
The integration of energy storage in solar projects represents step towards a sustainable energy future in India. By enhancing grid stability and optimising power supply, this
The integration of energy storage in solar projects represents step towards a sustainable energy future in India. By enhancing grid stability and optimising power supply, this initiative supports the country''s transition to a low
By2025, analysts project that the installed capacity of rooftop solar could reach around 40 GW—up from approximately 10 GW in 2023. This represents a compounded annual growth rate (CAGR) of over 30%. Despite the optimistic outlook, several challenges pose a risk to the anticipated growth of rooftop solar in India.
India is expected to add 22 GW of solar capacity in FY 2025 and 27.5 GW in FY 2026. Residential rooftop solar will grow further, especially with the PM Surya Ghar Muft Bijli Yojana providing free solar electricity to 10 million homes. Domestic solar module production will reach 60 GW by 2025, supported by the PLI scheme.
With all these factors at play, the rooftop solar market in India is expected to experience robust growth. By2025, analysts project that the installed capacity of rooftop solar could reach around 40 GW—up from approximately 10 GW in 2023. This represents a compounded annual growth rate (CAGR) of over 30%.
The future looks bright. India is expected to add 22 GW of solar capacity in FY 2025 and 27.5 GW in FY 2026. Residential rooftop solar will grow further, especially with the PM Surya Ghar Muft Bijli Yojana providing free solar electricity to 10 million homes.
India aims to achieve 1 crore rooftop solar installation in the residential sector and install 30 GW of cumulative rooftop solar capacity by 2026–27. Launch of the National Portal and the One significant move was the launch of a national portal that functions as an e-marketplace in 2022, by the Ministry of New and Renewable Energy (MNRE).
This is a two part article. Part 1 deals with an overview of residential rooftop solar installation (January 2025) across the country, and Part 2 will analyse the uptake of rooftop solars. I. Introduction India has significant Solar Energy Potential (SEP) with about 5000 trillion units per year energy incident over India’s land area.
