the future of solar power in India

The Future of Solar Power In India

In January 2016, world leaders agreed to try to achieve 17 sustainable development goals (SDGs) proposed by the United Nations. These SDGs include access to affordable and clean energy for all and climate action by 2030. In addition, A Bloomberg report published in 2017 shows 240 million Indians have no electricity access even though India is among the largest producers of electricity in the world. Hence, to reduce the dependency on fossil fuel and meet the energy requirements with the lowest climate impact, the country moved to renewable ways, prioritizing solar power.

India’s solar power sector is experiencing rapid growth with improved initiatives and incentives offered by the government and solar panel installer companies. In contrast, The country has the potential to become one of the world’s largest producers of solar energy, due to its geographical location as it receives extreme sunshine throughout the year and because we are now adopting solar plants much more quickly than many other countries. Let’s take a brief overview of why the future of solar power in India is bright.

Geographical Advantages

The major advantage of India for the solar power system is its location because it resides in a tropical region. So, it receives a tremendous amount of sunshine throughout the year. Additionally, improved technologies and infrastructure have made it possible to produce significant energy, even on cloudy days. With such great potential, India is helping allied nations in addition meet their own energy needs.

Upcoming Solar projects in India

From the total installed electricity capacity, India’s 40% of electricity comes from non-fossil fuel sources. It has set a target to achieve net zero emission by 2070; in short-term targets it aims to increase renewable capacity to 500 GW by 2030, that is 48.55 GW today, to meet the 50% of energy requirements from renewable resources.

The country is advancing towards its target by launching many major big solar power projects. Kutch Solar Park (4.75 GW), Ramagundam Reservoir (100 MW) and Omkareshwar Reservoir (600 MW) are some major upcoming solar power projects in India.

Government’s Initiatives

Governments have shown sensible character when it comes to solar energy by launching different initiatives and incentives. The increase in the solar panels efficiency and decrease in the solar panel cost achieved by strategic plans and policies of the government has resulted in a rise in the solar power systems across the nation. Consequently, the solar power industry is estimated to have nearly doubled the growth during the next five years.

Conclusion

Solar power systems have benefitted millions of Indians by meeting their energy needs in an environment-friendly manner. But of course, some challenges need to be addressed to empower the solar power industry in India. It makes the future of solar power in India very bright.

Be part of the solar revolution and eliminate the dependency by reducing the cost of power consumption. However, it is important for you to look for the best solar panel installer companies in India, such as Vipa Solar, for rooftop solar panels installation.

Vipa Solar offers an extensive range of services like on-grid solar power systems, off-grid solar power systems, solar street lights, solar water heaters, and solar water pumps in a cost and time-effective manner.

For more information, visit our official website https://vipasolar.com/ & contact us on +91 9473545251 or mail at vipasolar@gmail.com

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