Rooftop Solar to Hit 30 GW by FY27, Led by C&I Demand

18 Apr 2025 CW Team

India’s rooftop solar capacity is expected to rise sharply from 17 GW in FY25 to 25–30 GW by FY27, according to a new report by CareEdge Ratings.

The growth is being driven by the country’s broader clean energy ambitions, where rooftop solar—especially in the commercial and industrial (C&I) segment—is gaining traction as a cost-saving and sustainability tool. Businesses are increasingly adopting solar to cut operational costs and meet ESG goals.

As of FY25, India’s total renewable energy capacity stood at 220 GW. The government has set a 300 GW solar target by 2030, with rooftop systems expected to play a key role in reaching that milestone.

Supportive policies like net metering, lower technology costs, and incentives under the PLI scheme are helping accelerate adoption. The Centre’s Surya Ghar Muft Bijli Yojana—which offers up to Rs 780 billion in subsidies for 10 million households—is also expected to drive residential installations and create nearly 1.7 million jobs.

The segment recently hit a milestone with 1 million rooftop systems installed as of March 10, 2025.

Gujarat continues to lead adoption through its Surya Gujarat programme, while Maharashtra has seen strong momentum from MSMEs and urban commercial hubs.

The rooftop solar segment now accounts for nearly 20 per cent of India’s total solar mix. While utility-scale projects still dominate, the distributed nature and direct consumer engagement of rooftop systems make them increasingly important in India’s energy transition.

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