India’s solar market is mature. And the solar financing market has followed suit – thanks mainly to local banks, NBFCs and investors.

Costs are now super competitive. Add to that the speed and ease at which solar can be built and the fact that solar plants can come in any size, and it is easy to see why this is the energy technology of choice.

So is there no stopping solar? Here are the next challenges: working on #grid/supply stability (through #storage and #smartgrid) and making the business case for scalable, distributed solar.

Here is our assessment of #India‘s #solar leap: [LINK]. It is based on our research on the market and on extensive discussions with the country’s leading developers, financiers, technology experts, entrepreneurs, construction companies, and regulators. Our work was supported by the German government.