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India’s E-Commerce Industry: Untapped market for Rooftop Solar

  • Date : 28/08/2019
  • Source : Mercomindia.Com

“E-commerce has a lot of growth potential since warehouses tend to have large roofs. Earlier, the warehouses were leased, but as businesses grew, e-commerce players bought their own warehouse spaces. Leased warehouses were challenging since long term power purchase agreements (PPAs) were not workable. Since the sector is in growth mode, the market potential for rooftop in this segment is difficult to quantify,” said Andrew Hines, co-founder of CleanMax Solar.