Summary
India’s commercial and industrial (C&I) segment in calendar year 2021 is estimated to grow by 47% on a year-over-year basis to add 1,875 MW of new capacity, shows a new report published by Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research.
The report titled “Emerging technology trends in the C&I rooftop solar market in India” finds that the C&I segment, which has largely led the recent rise in rooftop solar in the country and comprises about three-quarters of the Indian rooftop solar market, is expected to bounce back this year despite the pandemic disrupting and slowing down installation rates in 2020.
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