Low access to debt capital remains one of the key barriers to achieving the Indian government’s target of 40GW of rooftop solar installations by 2022.

India’s economy is growing rapidly, and with it, so is energy demand. The IEA-IEO (2015) estimates that India’s aggregate energy consumption will more than double by 2040. The Government of India plans to install 175 GW of renewable energy projects by 2022 and 275 GW by 2027.