52 per cent Indians will switch to solar power. if properly incentivised

High installation cost is still a prime barrier to solar adoption. And therefore incentive of some forms seems to be the keyword if solar adoption in the country is to be made faster.

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Interestingly, awareness about the benefits of solar power andl or availability of solar solutions are no longer problems or issues. A recent study on solar spectrum of New India drives home these points. As high as 52 per cent Indians surveyed would be open to switching to solar power if incentivised with easy financing or loan solutions. A recent report by Luminous Power Technologies indicates that majority of the people are aware of the benefits of solar solutions but find installation cost as a maj or barrier towards solar adoption. The report goes on to reveal that the availability of solar solutions and technologies is less ofa challenge to customers, as over 76 per cent Indians agreed that solar energy solutions are easily accessible. However, the price sensitive population Ends cost as a major challenge in adopting rooftop solar with 92 per cent finding installation costs a barrier. Interestingly, with regards to t