☀ Solar Financing

Solar Financing

Complete renewable energy systems funded under solar financing programs. Covers rooftop solar for residential consumers, commercial-scale installations, and industrial solar projects with zero collateral requirement and approvals in under 10 minutes.

Rooftop Solar

For Residential Consumers

Commercial-Scale

Solar Installations

Industrial Solar

Projects

✔ Zero Collateral Requirement
⚡ Approvals in Under 10 Minutes

Products We Offer

Asset Financing

  • Residential Solar
  • Commercial Solar

Solar Financing

  • Working Capital Financing
  • Individual PPA Financing
  • Group PPA Financing
  • Captive PPA’s

India’s Renewable Energy Vision

India stands at a crossroads of change, with an ambitious vision to transition towards a sustainable and low-carbon energy future.

  • Meeting 50% of energy requirements from renewable energy
  • Reaching non-fossil-fuel capacity of 500 GW
  • Reducing carbon emissions by 1 billion tonnes
  • Reducing carbon intensity by 45%, from 2005 level

To meet its ambitious renewable energy targets, India requires formidable capital investment in solar, wind, hydro, and other clean energy-supporting technologies.

India’s Solar Energy Targets

🎯 National Capacity Targets

  • Solar Power Target by 2030: ~292 GW
  • Total Renewable Energy Goal: ~500 GW non-fossil capacity
  • Aligned with India’s climate commitments

📊 Manufacturing & Supply Chain

  • Solar Module Manufacturing: ~160 GW by 2030
  • Solar PV Cell Capacity: ~42 GW by mid-2026

🏠 Rooftop Solar Target

Under PM Surya Ghar: Muft Bijli Yojana, the aim is to install ~40,000 MW (40 GW) of rooftop solar by March 2026.

⚡ Current Achievements

📊 Installed Solar Capacity

  • India’s total installed solar generation capacity is estimated at around ~130–132 GW by early 2026, with rapid growth year-on-year.
  • This includes:
    • Utility-scale solar
    • Rooftop installations
    • Off-grid and hybrid solar systems
  • Solar has become the largest contributor to India’s renewable energy expansion and plays a key role in decarbonising the grid.

🏠 Rooftop Solar Progress

Under PM Surya Ghar, millions of households have installed rooftop systems, reaching a significant portion of the target even though full achievement by March 2026 may take additional momentum.

🏭 Manufacturing Growth

India’s solar module manufacturing capacity has grown rapidly from a few gigawatts a decade ago to over 80–100 GW+, and continues to scale toward 160 GW by 2030.

📌 Key Government Initiatives

India’s solar expansion is supported by multiple central-government schemes:

  • National Solar Mission (NSM)
    India’s flagship programme to promote solar deployment, with revised capacity targets and policy incentives.
  • PM Surya Ghar: Muft Bijli Yojana
    Focused on scaling rooftop solar across households with subsidies and incentives.
  • Production Linked Incentive (PLI) Schemes
    Designed to boost domestic manufacturing of high-efficiency solar PV modules and components.

🧩 Challenges & Considerations

Even with strong growth, India’s solar ambitions face ongoing challenges, including:

  • Transmission and grid integration bottlenecks
  • Land acquisition and project execution delays
  • Bank financing and lending issues slowing rooftop adoption
    These could affect the pace of capacity additions and scheme rollouts.

📄 Summary

Category Target Achievement (approx.)
Installed Solar Capacity (2030) ~292 GW ~130–132 GW (by early 2026)
Rooftop Solar (by 2026) ~40 GW Many GW installed & growing
Module Manufacturing (2030) ~160 GW ~80–100 GW+ installed capacity
Solar PV Cell Production (2026 target) ~42 GW Scaling up
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