The purpose of this study is to examine and critique various institutional arrangements that aid in the construction of an appropriate environment for solar-based entrepreneurial activities that contribute to rural development. Three significant actors, SELCO, TERI, and AIWC, have been chosen as institutional arrangements supporting RE entrepreneurs. In order to study the determinants that enable solar-based entrepreneurship in India, the current paper has employed deductive as well as inductive methodologies, as well as a theme analysis.