Advantages of using solar energy in india

Why should India invest in solar power?

However, this was not the sole reason. Given that India’s energy demand is expected to increase drastically, the country faces a formidable challenge, that is, the diversification of its energy sources in a bid to reduce reliance on fossil fuels to meet demand. Investing in solar power is arguably the best way for India to do this.

Is solar energy a useful energy source for India?

It is clear that solar energy is a useful energy source that will enable India to attain energy security and meet prospective energy demands without substantially straining non-renewable energy sources. India’s commitment to solar power has amplified despite the damage caused by the pandemic.

Is India's solar power sector a Sunshine opportunity?

India’s solar power sector is a sunshine opportunity waiting to be tapped with estimated potential of 7,48,990 MW. From job creation to fostering innovation and more, the solar power market is key to India’s economic development & energy transition.

What are the benefits of solar energy?

It can generate electricity and heat through solar thermal technology, provide power to off-grid areas, support industrial processes, ensure clean water supply, and even serve household needs. Technological advancements: The widespread adoption of solar energy has driven technological innovation and industrial growth.

Does India need solar power?

Today, India has reached the 5th position in solar power deployment globally, and its usage has increased by more than 11 times in the last five years, from 2.6 GW in March 2014 to 30 GW in July 2019. Solar energy has enormous potential.

What role will India play in the future of solar energy?

With the boom and demand in the renewable energy sector and initiatives that the government is taking today to meet the future demand, India will play an important role in developing, researching, and implementing solar energy in the future.