Even as India is increasingly adding generation capacity from solar power, setting examples for many other developing nations, there’s a large population of the South Asian nation that is yet to join the clean energy bandwagon: Indian households.
Less than a percent of Indian homes has rooftop solar systems. Such slower adoption could dampen Prime Minister Narendra Modi’s ambitious renewables goal. SolarSquare, a startup that is racing to sell, install and help individuals finance solar modules, wants to change that.
On Friday, a number of investors announced they are backing SolarSquare’s dreams. SolarSquare has raised $4 million in a round led by Good Capital. Chris Sacca’s Lowercarbon Capital also invested in the firm, …
