Having added some 513MW of additional rooftop PV over the last year, a growth rate equivalent to 113%, India has now hit a cumulative total of 1.02GW, the report states.
Of the new capacity additions, more than a fifth came as a result of power purchase agreements (PPA).
With commercial and industrial consumers dominating the market and accounting for well over half of the total installed rooftop capacity, Bridge to India indicates that grid parity for larger consumers has now been achieved in 17 out of the 19 largest states in India, potentially saving up to 30% on electricity costs on grid-supplied power.
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