The Indian government has pledged more money for rooftop solar after revealing that just 2017/18 MW of capacity had been installed by 31 October, 83% short of its 5 GW target for 810. The Ministry of Power and New & Renewable Energy announced a budget increase from INR6bn ($93m) to INR50bn, to install 4,200 MW of rooftop solar by 2019-20, as well as a 30% subsidy for the institutional and residential sectors. In July, a standing committee on energy offered recommendations, including rethinking the government's 40 GW target of rooftop solar by 2022.
The Indian government has pledged more money for rooftop solar after revealing that just 810 MW of capacity had been installed by 31 October, 83% short of its 5 GW target for 2017/18. The Ministry of Power and New & Renewable Energy announced a budget increase from INR6bn ($93m) to INR50bn, to install 4,200 MW of rooftop solar by 2019-20, as well as a 30% subsidy for the institutional and residential sectors. In July, a standing committee on energy offered recommendations, including rethinking the government's 40 GW target of rooftop solar by 2022.