Solar Energy Future in India

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Solar Energy Future in India



Solar Energy future in India has grown leaps in bound. When the Solar Energy installation was aimed at 100 GW by 2022, the wheels were set in motion for the introduction of the much hyped ‘Jawaharlal Nehru National Solar Mission’ JNNSM as it is often been abbreviated.



MNRE Solar Subsidy’ campaign to strengthen Solar Energy Future in India



Those within the energy industry were all well aware that Grid Connected Rooftop Solar Power Plant Installation Phase One under MNRE Subsidy scheme had been provoked massive investment in solar sectors which previously had not been on the green energy map in India. The ‘MNRE Solar Subsidy’ campaign was created as a mouth-piece for solar industry, domestic users, schools, colleges, institutions and NGOs. Government of India, State Governments, Solar activist groups, solar energy members and environmentalists alike advocated the message that solar power is the most viable means of generating clean, affordable energy in the future.  These entities have also voiced that solar energy future in India is bright.



Net Meter and On Grid technology is a boom to Solar Energy Future in India



With invent of grid connected rooftop solar power plants using net metering facility; the users are able to reverse their energy meter.  This way any domestic user may reduce his / her electric bill up to 90% for next 25 years. Input credits of electricity via net meter have winged the hope of a bright future of solar energy in India.



Central Finance Assistance for GCRT PhaseOne & II to boost up Solar Energy Future in India



Ministry of New and Renewable Energy (MNRE) Government of India, has successfully implemented solar energy policy amongst all the states of India.  MNRE through its Grid Connected Rooftop Solar (GCRT) Phase One and II have provided Central Finance Assistance (CFA) to the domestic segments for provision of solar subsidy to the tunes of 20 to 40%.  Various state regularity electricity commissions have further paved way for respective state



Grid Connected Rooftop Solar with net metering and its mechanism



Grid Connected Rooftop Solar with net metering is a mechanism where the government provides central finance assistance to ease out the problems of initial investment for installation of solar power plants.  Electricity generated from these solar power plants is first provided to the load of the premises, extra if any, is fed in to the grid with the help of Net Meter and string inverter. This arrangement guarantees that any amount of extra electricity fed in to the grid during day time may be imported back in to the premises during night, thus paving way to use of zero electricity from the main grid as long as user is utilizing the electricity units generated by his / her own solar system. Some government also has ruled fixed, premium rate paid for electricity generated by renewable means.



Benefits of Solar Electricity



Traditionally, the benefits of solar electricity have been far outweighed by the cost of solar kits, installation and maintenance, something which has depreciated investment and kept solar power as a low level, cottage industry in the India. What the Solar subsidy does is off-set the obvious costs involved in the installation of solar plant by offering investors generous financial incentives for installing grid connected rooftop solar. The main grid DISCOM companies in India will be obliged to purchase the solar energy at a price competitive to the current market rates, the cost of this being spread over the consumers.



Green Energy Movement



Even before the central government push for green energy movement, the benefits to potential solar investors in India were being expounded. At the end of 2016 India had moved up to third place in a list of countries in an index entitled, Renewable Energy Country Attractiveness. Citing the impending introduction of the solar subsidy, net metering benefits it is assumed that India’s rise in the index would continue as solar energy policy is designed to incentivise investors.



Hydro, solar and wind energy are areas wherever we tend to invest within the semi-permanent, as there’s an over-average growth potential once finance kicks off again. Banks can like them once they begin loaning.” occurring to feature, “We can still invest during this segment however specialise in corporations that have a powerful record and are able to survive this crisis.



India’s Big Mission of achieving 100 GW by 2022



India is trying every concentrated exertion to take a major jump to second position worldwide in sun based energy generation. India is pushing ahead at a quickest pace to accomplish its objectives of 100 GW sun oriented energy preparations by 2022. Sun energy oriented organizations in India are concentrating more on rooftop solar panels residential section as well. Administration of India, Ministry of New and Renewable Energy has just begun expanding solar subsidies, Solar Tax refunds, ADT benefits to residential, organizations and NGO section.

Of course, whenever the solar industry will be bigger than the internet in the India over the next half decade is open to debit. What is now becoming clear how is that the India’s solar sector will have everything in place come 2022 to help the sector become competitive with industries in Spain, Germany, China, USA and a number of other countries around the world.



India as hub of solar energy movement



In order to make the India competitive with other PV behemoths around the world, Indian Prime Minister Shri Narendra Modi has made it clear that he wants to establish India as hub of solar energy movement.  In a statement, Modi said that moving the India from a carbon to a green economy would not only help meet climate change targets, but also provide jobs in solar industries. In a report, the figures stated that moving to a green economy would create up to 600,000 new jobs in the next two years in the India solar sector by 2022.



Jawahal Lal Nehru National Solar Mission (JNNSM)



With government backing, the INDIA is now in a strong position to build a solar sector which will be capable of emulating PV industries in China and UK. In April 2014, the Jawahal Lal Nehru National Solar Mission (JNNSM) with Net Metering facility and solar subsidy was first introduced as Grid Connected Rooftop Solar (GCRT) Phase One.  While extending the central finance assistance to domestic users, the solar subsidy up to 40% of benchmark cost has been declared for GCRT Phase II under JNNSM in the year 2019. After introduction of Phase II GCRT under JNNSM and the consequent months, it will see a frenzy of activity both in the media and from solar vendors as people desirous to take advantage of solar energy with subsidy and tax benefits are attempting to join the momentum in its infancy. Solar industry is now looking highly that as the economy goes out of recession and in to growth, the solar industry will reap the benefits of being both available to masses and financially attractive.



DayRise Solar Enerdy Pvt Ltd – Solar Panel Installer EPC Company



DayRise Solar Enerdy Pvt Ltd is the leading organization in the field of renewable energy i.e Solar Technology associated with some leading companies in the power sector of India and is proud to be among the list of top Solar Technology company in Haryana with its focus on “Designing, Engineering, Manufacturing, Supplying, Installing, Testing and commissioning any kind of Solar Photo-voltaic plants, equipment and systems that cater to both Domestic, Institutional, Social and Industrial needs.” Strong vision coupled with professional and ethical business practices have helped the organization to achieve good position in the markets it serves in Sonipat, Haryana, India.



DAYRISE SOLAR ENERDY PVT LTD – 5 STAR RATED SOLAR COMPANY IN SONIPAT



As part of its growth strategy DayRise Solar ventured in to reliable qualitative technology with highly skilled and trained manpower.  DayRise Solar has set up a State of the Art Solar Technology Showroom with service facilities at Sonipat, Haryana, India while providing Solar Technology services to all districts of Haryana as well as Delhi NCR. The Organisation is an ISO 14001-2015 and OHSAS 18001-2007 certified facility for Design, Engineering, Installation and Commissioning of Rooftop / Ground mounted Grid-Tied, Hybrid and Off-Grid Solar Power Plant Systems.



CONTACT DAYRISE SOLAR ENERDY PVT LTD FOR SOLAR PANELS IN SONIPAT HARYANA INDIA



The Expert team of the DayRise Solar may be approached through the contact page of the Company’s website or by official telephonic communication.

Contact DayRise Solar whenever you wish to know anything about Benefits of Solar Technology or Install Solar Panels in a Cost-Effective Way with Solar Panel Subsidy or ways to get good offers while you contemplate to install Solar Technology / Solar Panel Power Plant System or buy solar panels in Sonipat, Haryana, Delhi NCR.  Contact extremely skilled and expert group of DayRise Solar by way of its Website’s contact Page for any question associated to Solar Technology, Solar Subsidy, Solar power, solar products, design, installation and commissioning of On-Grid / Off-Grid Rooftop / Ground Mounted Solar Power Plants throughout Haryana and Delhi NCR. Qualified skilled team of DayRise Solar might help you in processing of subsidy utility, bi-directional meter utility and uploading of all related documents.



Solar Energy Future in India https://youtu.be/_cng-7LZYVE