POTENTIAL IMPACT OF COMMODITISATION ON ROOF TOP SOLAR PV IN INDIA

The present study attempts to understand the concept of commoditisation and its potential impact on Roof Top Solar (RTS) PV in India. Solar PV is a growing industry and it is beginning to play a major role in the electricity mix in our country. The objective of this study is to understand the need for India to commoditise PV for effective implementation, bringing about a paradigm shift in harnessing energy from the abundant freely available sunshine. Commoditization can be a prerequisite for enhanced and speedier adoption of PV even in homes. The study is based on the secondary data collected from Research articles, renewable energy journals and websites of solar energy organisations. The study helps understand the elements and the factors responsible for commoditisation which can culminate in aggressive market development of RTS. Assessing India's stance to bring about rapid commoditisation and how best to tackle the problems encountered in the Indian scenario are elucidated. The basic idea of the researcher is to lay emphasis on producing a roof top model that can be plugged in a socket to produce your own energy.The study concludes that potential challenges like effective net metering implementation, grid connectivity, fragmented electricity market, thrust for green financing etc. have to be addressed to trigger the growth of RTS