India is one of the most promising solar energy markets in the world. With over 300 sunny days a year in many regions, the country has set an ambitious target of achieving 500 GW of renewable energy capacity by 2030, with solar power playing a central role.
Rooftop solar installations have become increasingly affordable, with costs dropping by over 80% in the last decade. Government subsidies under the PM Surya Ghar scheme make it even more accessible for homeowners, offering up to 40% subsidy on systems up to 3 kW.
With India's solar potential estimated at over 750 GW and current installed capacity crossing 80 GW, there is massive room for growth. A typical 3 kW rooftop system can save a household between ₹30,000 to ₹50,000 annually on electricity bills, paying for itself in 4-6 years.