India Set to Illuminate the Sky with 151 GW Solar Rooftop Power, Riding High on Government Initiatives and Market Dynamics
Government initiatives, including accelerated depreciation, capital subsidies, Renewable Energy Certificates (RECs), net metering incentives, Assured Power Purchase Agreement, and more, have laid a fertile ground for the solar industry to flourish. These policies not only support businesses but also empower the government to curtail capital expenditure in establishing solar power plants, marking a win-win situation for all stakeholders.