India's Rooftop Solar Dreams Dim Amid Financial Hurdles

India's efforts to expand rooftop solar installations face obstacles from loan delays and limited state support, threatening clean energy goals. Despite subsidies, a significant number of applications remain unapproved, highlighting issues with financing and utility cooperation as the nation seeks to decrease reliance on coal power.

India's ambitious rooftop solar power expansion, championed by Prime Minister Narendra Modi, is facing significant delays due to financial hurdles and limited state backing.

Data reveals that approximately 60% of applications for rooftop solar projects have yet to be approved, pointing to issues with bank loans and administrative support.

Analysts warn that these challenges could hamper India's clean energy goals and prolong its reliance on coal-fired power.

(With inputs from agencies.)