Emerging technology trends in the C&I rooftop solar market in India

The rate of rooftop solar capacity addition by commercial and industrial (C&I) consumers in India is expected to accelerate this year, as new and innovative solar technology solutions provide opportunities for businesses to save on electricity costs and contribute to corporate renewable energy targets, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research. The C&I segment, which represents about three-quarters of India’s rooftop solar market, is expected to add 1,875 megawatts (MW) of new capacity in 2021, an increase of 47% compared to the previous year when the COVID-19 pandemic slowed installation.