Bridge India

Rooftop solar attracts more financing

As the Indian rooftop solar market grows, it is attracting more attention from investors and financiers. Shell is rumoured to be entering the market in partnership with Fourth Partner, a leading rooftop solar EPC. Several other prominent IPPs, international developers, contractors and PE investors seem to be actively interested. Access to both equity and debt capital has improved significantly addressing one of the key market constraints.

  • Rooftop solar is growing steadily and expected to become a 3 GW market annually by 2021 as per our projections;
  • Growing market size and intense competition in utility scale solar are drawing new players to the market;
  • More favourable policy environment is needed to reduce risks and sustain financing interest;

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