Demand Aggregation for Rooftop Solar: Importance and Its Benefits
The Government of India has set an ambitious target of 100 GW solar energy by 2022 - 60 GW of utility-scale solar installations and 40 GW of distributed rooftop photovoltaic (RTPV) installations. While the utility solar segment in India has seen rapid growth with a capacity addition totaling 32 GW (as of Mar 31, 2020), the rooftop segment has seen the addition of just 2.5 GW in the same period. The aggressive subsidization has played a significant role in improving the installations of RTPV systems across the country. Despite this, the target of 40 GW is almost certainly likely to be missed. The reasons behind the slow growth of rooftop solar segments are affordability, lack of standardized products, lack of consumer awareness, and financing. To speed up the installations of RTPV systems among the residential, commercial, and industrial segments, all these challenges need to be addressed. Several solutions have been proposed to overcome these obstacles & one such method is ...