Solar energy has immense potentials in India. Know how India is planning to leverage solar panel prospects in this section.
The Growth of Solar Energy Panels in India
With a booming economy and growing population, India is dealing with a shortage of energy. While it is among one of the largest electricity producers in the world, India struggles to meet its energy requirements. Presently 53% of power requirements are fulfilled by coal; however, the coal reserve of the country is speculated to deplete by 2050. Moreover, 72% of India’s population still lives in villages, and only half of the population has access to electricity. All these demands and challenges have prompted decision-makers to shift their focus on adopting a renewable source of energy.
The Growth and Advantages of Solar Energy Source
Over the years, solar energy has evolved as the most suitable and environmental power generation for India to cater to the growing energy requirements. A standard solar system can be easily set up and only required solar panels to functions. Implementation of solar power systems is not a new phenomenon in India; it has been prevalent for many years now. However, in the last few years, its awareness and growth have truly picked up, especially in rural areas. There are many benefits of installing solar power in India.
The Geographical Edge
India has tremendous potentials when it comes to the implementation and usage of solar energy. In fact, India is positioned at a place where not only it can fulfill its own energy requirement; it can also generate enough clean energy to assist other countries’ electricity needs as well. The nation stands in a tropical region; therefore, it receives an enormous amount of solar radiation throughout the years. In fact, in a year, India receives approximately 3000 long hours of bright sunshine, ranking it amongst the top countries in the world to hold the highest renewable energy capacity. If solar power plants are installed properly in India, it can generate an adequate amount of electricity even to survive on the overcast days.
Future of Solar Projects in India
States including Madhya Pradesh, Gujrat, Haryana, Punjab, Rajasthan, Andhra Pradesh, and Maharashtra hold tremendous potentials to tap into solar energy, primarily due to their location. Thar region in Rajasthan has some of the most effective solar projects in India that generates around 2,100 GW of power. Moreover, Gujrat is home to the largest solar power plants in the country. The government is building on establishing 50 solar-powered cities in India.
The National Solar Mission
The National Action Plan on Climate Change laid in June 2008 determined the installation of solar energy technologies as a priority to promote renewable energy sources. In 2009, the Jawaharlal Nehru National Solar Mission was approved by the government. This mission envisions to generate 20,000 MW of solar energy in India by the year 2022. With the help of domestic and international investment, this plan will pave the way for private sectors to participating in the research, development, and deployment of solar power plants in the country. The main objective of this project is not just to boost the production of grid-powered electricity; the aim is also to encourage research and development to extend innovative solutions. In this first year of launch, the mission has successfully generated in 200MW of grid-generated slower power plants.
While solar energy is evidently the future, wind energy is where the country competes internationally in development and deployment. India has developed a wind energy plant with a capacity of 11,000 MW. Presently, the country is positioned at the fifth rank in the world. Presently, technological advancements provide the country with great opportunities to generate tremendous clean energy. From the rooftop solar power system in the urban landscape to decentralized and off-grid solutions in rural regions, there are immense prospects. It is important that the government generate a valuable ecosystem to facilitate the development of renewable energy. While many people have begun to install solar plants in their homes and commercial spaced and harnessing solar energy on a regular basis, its growth in India still has a long way to grow before the nation can derive its full potential.