The Indian government has set an ambitious target to achieve 175 GW (out of which 40 GW is to come through rooftop solar PV) of renewable energy by 2022. Despite various initiatives by the government, the uptake of the rooftop solar segment has not been up to the mark due to many challenges such as financial, regulatory, etc.
Easy and accessible financing is one of the major hurdles in the growth of rooftop solar adoption in India. To give a fillip to rooftop solar adoption and make solar financing easier, SBI has availed a line of credit from World Bank, specifically for financing the rooftop solar projects across the country. Read this article to know about the eligibility criteria and documents to avail of SBI solar rooftop loan.
