Rooftop Solar Panels Dealership: Tapping into Endless Possibilities in India

We all know that renewable energy sources like solar energy, wind energy, and tidal energy are gradually replacing other non-renewable sources of energy like coal, petroleum, and natural gas. In today‘s time, the rooftop solar panel is extensively used by domestic as well as commercial sectors as it converts sunlight into electricity. Besides, it is easy to install and very economical as compared to traditional electricity connections.

Rooftop Solar System is known for its low maintenance as it just requires basic cleaning, nothing else. Another advantage of rooftop solar panels is that nobody has to vacate land or buy additional land to set it up as they can be installed on any type of roof.

There are three ways in which rooftop solar panels are installed:

1. On-grid systems

In this, the rooftop solar panel is combined with the main grid supply. This system is quite useful as it allows the power to be used from the grid supply whenever the panel is not able to provide the required power.

2. Off-grid systems

Unlike on-grid systems, in this rooftop solar panel is not linked to the main grid and runs on its own battery. This system is very useful in those areas where there is no grid supply or the grid supply is very erratic with numerous breakdowns.

3. Hybrid systems

In this system, both on-grid and off-grid systems work together. The great thing about this system is that when its battery is fully charged the excess power which is generated is fed to the main grid.

Recently, India has left behind the US and has become the 2nd largest solar power generating country in the world. On 30th June 2019, our country’s solar energy production capacity reached up to 29.55 GW. Now the government has taken the initiative to push the target up to 100 GW by 2022, in which 40 GW would be produced from rooftop solar panels; further, targeting an investment of US$100 billion.

Let us discuss why rooftop solar panel is so popular in India:

It is a well-known fact that India is located at a very ideal geographical location which is why it receives abundant tropical sunlight. It is said that every year there are around 300 sunny days.
Unlike an electric generator, that produces too much noise and emits harmful gases, solar panels are green, eco-friendly, and generate energy from sunlight.
Solar Panels have a very long service life i.e. almost 20 years.
The government of India is also trying hard to encourage people to accept solar energy. Due to this, as per the Ministry of New and Renewable Energy, the government is paying 30% installation cost as a subsidy to the installers of the solar panel.

Our country will be consuming more than 5 trillion of energy by the end of the year 2027. Due to the increase in the demand and consumption of power globally, the significance of sustainable and renewable energy has been highlighted like never before. Our government is passionate about solar energy and has been taking promising initiatives to promote it. A number of policies have been introduced in recent times to help the solar industry evolve. The government of India has planned to lower the capital cost of fabricating a solar power plant. It would now be very cost-effective for budding, visionary entrepreneurs to invest in the solar industry in India.

Solar power generation capacity of India

Owing to our tropical climate, our country gets lots of sun rays on a yearly basis. This makes our country the best place to tap solar energy. There are many Indian states like Rajasthan, Gujarat, Bihar, Punjab, Maharashtra, West Bengal, etc. that are suitable for this purpose. There are many rural areas that are heavily dependent on firewood and dung cakes to satisfy their energy needs. Providing solar panels and related solar products to these areas will not only decrease this dependency but also help in their development and reduce air pollution. India held 3rd rank in solar power generation capacity in the year 2021.

Initiatives that are taken by the Indian government to promote the solar energy industry

It doesn’t matter how revolutionary and innovative the idea is; if that idea does not receive enough support from the government through policies, initiatives, and funding then it can’t flourish. The same thing goes for solar energy which too needs the same kind of support.

The initiatives taken by the government for the development of this sector are:

Jawaharlal Nehru Solar Mission (JNNSM) was actually launched in the year 2010 and its main goal was to reduce the price of solar power generation. Its aim was also to install 20,000 MW of solar PVs. After going through revisions two times, the target is 100 GW of solar PV by the year 2022
Starting of solar power projects in the Thar Desert of Rajasthan and Gujarat. Former estimates to generate 700 to 2,100 GW of solar power and latter estimates to generate 1,000 MW
Under the automatic route, 100% of Foreign Direct Investment has been permitted
Exemption from Inter State Transmission System (ISTS) for solar projects
Program to train people for maintenance and repairing solar products

Steps that were taken at an international level for solar energy:

Everyone must have heard about an alliance called the International Solar Alliance (ISA). Prime Minister Narendra Modi presented the idea and both he & French President Francois Hollande launched it in 2015 at Wembley Stadium in London, UK. Currently, this alliance consists of 121 countries between the tropics of Cancer and Capricorn. Those nations that don’t come between these two tropics can still join the ISA but won’t be getting voting rights. The main aim of this alliance is to increase the usage of solar energy and decrease the use of fossil fuels. Recently it has taken the initiative called ‘One Sun One World One Grid’ (OSOWOG). The main aim of this initiative is to create a worldwide green energy grid. The main focus of this grid will be solar and wind energies.

Owing to our government’s profitable and encouraging initiatives, and good strategies and programs, solar power generation has risen manifold in recent years and that has encouraged proficient businessmen as well as startups to invest in this sector and reap huge benefits.

With the increasing population and less availability of fossil fuels and other non-renewable energy sources, solar energy would surely be the most sought-after business field.

With thorough market research and minimal investment, one can attain high returns and profit margins in this sector. Are you planning to start a solar energy business in India? Now is the right time to begin your entrepreneurial journey!

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Disclaimer: The information provided is for general purposes only and does not constitute professional advice. The author and publisher do not guarantee the accuracy or completeness of the content. Business decisions should be made after thorough research and consultation with professionals. The mention of specific companies or products does not imply endorsement. Financial estimates are based on available data and may change. The author and publisher are not liable for any actions taken based on the content. Readers are advised to independently verify information before making business or financial decisions.

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