Business Line : Industry & Economy News : Rooftop solar will be the next big thing, say experts

CHENNAI, JULY 26: 

Rooftop solar power plants are set to take off in a big way in India, many speakers at REaction, a conference of the renewable energy industry here, said. The 3-day conference is being organised by Energy Alternatives India, a Chennai-based clean-tech consultancy.

Mr Pashupathy Gopalan, Managing Director, SunEdison, said solar plants on rooftops of commercial buildings can even now produce power at costs almost equal to distribution company rates.

Residential rooftops will reach “grid parity” within two years, he said.

It doesn’t matter even if policy-makers do nothing to push rooftop solar. “Economics will take over,” Mr Gopalan said.