Solar Power Business In India
The incident solar radiation can be converted into heat and electricity namely solar thermal and solar photovoltaics thus providing huge scalability for solar power in india.
Solar power business in india. Now people as well as government are working towards making india pollution free. The turning point for renewable energy is round the corner. In this article we intend to explore the 10 most profitable solar business opportunities in india in manufacturing and service sectors. People above has already answered the theoretical part so i would like to give a practical answer to this question.
How to start solar energy business in india. The indian government had an initial target of 20 gw capacity for 2022 which was achieved four years ahead of schedule. Are sold each year not to. In 2015 the target was raised to 100 gw of solar capacity.
This increasing popularity is creating a huge potential for entrepreneurs for starting a solar business. I am trying my luck into this business since last 5 6 months and if one asks me how to get in my answer would be if you are star. Solar distributorship opportunity as the people are shifting towards solar products investors are also getting interested in this business inter solar systems pvt ltd. Basically the demand for the different type of solar products is increasing in countries like japan china india germany italy uk.
Indian cleantech market analysts bridge to india state that 2016 will be the year when rooftop commercial solar power will achieve grid parity with conventional energy in india. India has the lowest capital cost per mw globally of installing solar power plants. Solar business franchise solar power distributorship entrepreneurship opportunity india. How to start solar energy business in india the question about how to start solar energy business in india is revolving in every investor s minds.
Therefore it is a lucrative opportunity for entrepreneurs to start a business based on solar power. Although no legally binding agreement was signed at the paris climate change conference it has done a world of good for boosting renewable energy. Starting a solar business is one of the biggest business opportunities nowadays. List of top 10 most profitable solar business ideas 1.
The world is shifting towards renewable energy sources and solar is one of the biggest sources of renewable energy. Billions of dollars of solar pv solar thermal systems solar attic fans solar cooling systems etc. Do you know that according to the recent reports india is the 3rd biggest solar market in the world after china and the us. Solar power in india is a fast developing industry.