Small rooftop solar power plants will create 3.25 lakh jobs cumulatively in the next ten years in India, says a report by Bridge to India.
The small rooftop scenario will contribute for around 3,25,000 cumulative new jobs in next ten years, says the report.
The supply chain for small rooftop systems would include many mediators increasing margins across more layers, it said.
The solar power sector is divided into four segments – small rooftops, large rooftops, utility scale projects and ultra- mega projects, according to the report.
The average size of a small rooftop solar is 3 KWp and the average size of a large scale rooftop is 250 KWp, utility scale project 20 MW and that of ultra- mega solar scheme is 1,000 MWp or 1 GWp.
Around 2.20 lakh cumulative jobs will be produced in large rooftop systems whereas around 71,000 cumulative jobs will be created in utility scale scenario in the next 10 years.
The least number of jobs will be created in the ultra- mega scale category with a total of around 63,000 in ten years.
The general policy recommendations that promote growth in this sector is creating transparent and dependable solar policies to encourage Indian and international investment.
In addition, they will make available better financing instruments whether related to the end-consumer or infrastructure finance, making the electricity market more competitive and transparent with respect to power tariffs and grid usage and rules.
At present, the country’s installed solar power capacity is at 2,600 MW. The government has aimed a target capacity up to 20,000 MW by 2022.