Why Banks Don't Collect Data About Rooftop Solar

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.   

But as of October 2022, this capacity rose to only a little over 60 GW. 

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.

Tune in to find out more.