The Rising Sun: Grid parity gets closer

The report presents a point of view on the Solar Energy sector in India. This report focuses on the solar cost trends and looks at segments of the market which are most suitable for adoption of solar power within the coming few years. Given the financial position of the power utilities, we believe that rooftop market for customer segments that already see parity with utility power tariffs has the potential to be a game changer in the coming five years. Within rooftop, the solar lease model is becoming attractive in the Indian market. Given the fuel, land and environment challenges that the country is facing in setting up new power capacity, we feel that the state governments, utilities and regulators should encourage this market to realize its potential by providing critical enablers such as net metering infrastructure, banking facility and developing an ecosystem for rooftop market installations.

for full text: