Why India hasn't met its solar energy goal yet
March 1, 2023
15 min
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Episode 35 · March 1, 2023
Why India hasn't met its solar energy goal yet
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Why India hasn't met its solar energy goal yet
Summary
<p>In 2015, the current government set an ambitious target. It said we would have 100 GW of solar capacity by 2022 and 40% of it would come from rooftop solars or RTS. Back then, the country’s solar capacity was just 3.7 GW. </p><p>But as of October 2022, this capacity rose to only a little over 60 GW. </p><p>The main reason for this is the slow adoption of RTS. High transaction costs and lack of data about the long-term performance of RTS make it difficult to access loans for small-scale solar installations.</p><p>Tune in to find out more.</p>
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