India's Rooftop Solar Boom: What This Means for the Country's Clean Energy Ambitions The Indian government's target of achieving 500 gigawatts of renewable energy capacity by 2030 appears increasingly within reach, thanks in part to a surge in rooftop solar adoption that's drawing major venture capital interest.
SolarSquare, an Indian startup that helps households and housing societies go solar, is reportedly set to raise up to $60 million in fresh funding.
The valuation of $450 500 million for SolarSquare reflects the rapidly growing investor confidence in India's residential solar market.