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India Solar Rooftop Market Report: Comprehensive Industry Analysis and Growth Prospects

๐ˆ๐ง๐๐ข๐š ๐’๐จ๐ฅ๐š๐ซ ๐‘๐จ๐จ๐Ÿ๐ญ๐จ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐ˆ๐ง๐๐ข๐š ๐’๐จ๐ฅ๐š๐ซ ๐‘๐จ๐จ๐Ÿ๐ญ๐จ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ

The "๐ˆ๐ง๐๐ข๐š ๐’๐จ๐ฅ๐š๐ซ ๐‘๐จ๐จ๐Ÿ๐ญ๐จ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ is rapidly gaining momentum, with its market size valued at USD 5.36 billion in 2023. The market is projected to grow at a CAGR of 15.19%, reaching USD 6.17 billion by 2030" Solar rooftop installations, which involve placing solar panels on building rooftops, are a decentralized approach to generating clean energy. This method allows businesses, households, and communities to reduce their reliance on traditional grid electricity, contributing to sustainability efforts.

The Indian government has played a pivotal role in promoting solar rooftop adoption through initiatives like the Jawaharlal Nehru National Solar Mission (JNNSM) and the Solar Rooftop Subsidy Scheme. These programs have made solar energy more accessible and affordable, driving significant growth in the market. Tata Power Solar, a leading player in the industrial and commercial rooftop segment, has emerged as a key contributor to this growth.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ข๐ฆ๐ž๐ง๐ญ๐š๐ซ๐ฒ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/20777/

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‚๐จ๐ฏ๐ž๐ซ๐š๐ ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ

โ€ข Base Year: 2023
โ€ข Forecast Period: 2024-2030
โ€ข Historical Data: 2018 to 2023
โ€ข Market Size in 2023: US $ 5.36 Bn.
โ€ข Forecast Period 2024 to 2030 CAGR: 15.19%
โ€ข Market Size in 2030: US $ 6.17 Bn.

However, the market faces challenges, including regulatory hurdles and financing obstacles, which have slowed the expansion of rooftop solar projects. Despite these challenges, innovative approaches such as virtual net metering and peer-to-peer trading are being explored to overcome these barriers and further stimulate growth in the Solar Rooftop market.

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐’๐œ๐จ๐ฉ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ

The India Solar Rooftop Market is segmented based on capacity, connectivity, and end-user:

1. ๐๐ฒ ๐‚๐š๐ฉ๐š๐œ๐ข๐ญ๐ฒ:
o 1KW to 10KW
o 11KW to 100KW
o Above 100KW
2. ๐๐ฒ ๐‚๐จ๐ง๐ง๐ž๐œ๐ญ๐ข๐ฏ๐ข๐ญ๐ฒ:
o On-Grid
o Off-Grid
3. ๐๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž๐ซ:
o Residential
o Commercial
o Industrial

๐‚๐ฅ๐š๐ข๐ฆ ๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐†๐ซ๐š๐ฉ๐ก๐ข๐œ๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐‡๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/request-sample/20777/

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ข๐š ๐’๐จ๐ฅ๐š๐ซ ๐‘๐จ๐จ๐Ÿ๐ญ๐จ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ

1. Fourth Partner Energy Pvt. Ltd.
2. Amplus Solar Power Pvt. Ltd.
3. Clean Max Enviro Energy Solutions Pvt. Ltd.
4. Sunsource Energy Pvt. Ltd.
5. Orb Energy Pvt. Ltd.
6. Tata Power Solar Systems Limited
7. Mahindra Susten Pvt. Ltd.
8. Growatt New Energy Technology Co. Ltd.
9. Roofsol Energy Pvt. Ltd.
10. Others

These companies are at the forefront of India's transition to renewable energy, contributing to the growth and development of the solar rooftop market.

๐ƒ๐ข๐ฏ๐ž ๐ƒ๐ž๐ž๐ฉ ๐ข๐ง๐ญ๐จ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/market-report/india-solar-rooftop-market/20777/

๐Ž๐ฎ๐ซ ๐€๐๐๐ซ๐ž๐ฌ๐ฌ:

๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐๐ฏ๐ญ. ๐‹๐ญ๐.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐‘๐ž๐ ๐š๐ซ๐๐ข๐ง๐  ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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