– REC was designated as the nodal agency for Pradhan Mantri Suryodaya Yojana to install rooftop solar systems in 10 million households.
– The initiative aims for 40 GW of rooftop solar installations by 2026, with REC targeting over 10 GW within a year.
– Coordination challenges acknowledged, but REC expresses confidence in meeting targets.
– Ongoing revision of National Rooftop Policy expected to increase subsidies for the 1-3 kilowatt category.
– Prime Minister Narendra Modi announced the rooftop solar scheme on January 22, aligning with India’s renewable energy goals for 2030.
Originally published on Energy World