India will have deployed as much as 16GW of rooftop solar capacity by the end of 2020, a figure that makes up around a third of its 40GW target for 2022.
That’s according to new research conducted by JMK Research, which shows in 2019, the nation added 2.1GW to its capacity – it predicts another 2.5GW to 3GW of new rooftop solar capacity will be added by the end of this year, assuming growth is not signficantly impacted by COVID-19.
The research further noted that one of the prime reasons for growth is increasing consumer awareness of the benefits of adopting cleaner technologies and cost savings.