India’s solar capacity is projected to surpass 125 GW by 2025, exceeding the 40 GW demand. Incentives fuel growth, but a 29 GW surplus may arise as exports fall. Major firms pivot domestically, leaving space for startups in storage, recycling, deployment, smart grids, leasing, and AI forecasting. Key opportunities lie in energy analytics, rooftop solutions, and community solar projects.
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