Solar power is increasingly gaining popularity as a method of supplying energy to buildings and companies. The price of installing solar panels is one of the biggest issues, though. Thankfully, there are government grants available to assist defray those expenses and increase everyone’s access to solar energy.
The Ministry of New and Renewable Energy (MNRE) in India provides a number of programs for solar power installations. The Solar Rooftop Photovoltaic (PV) Program, which offers financial aid to people and organizations for the installation of solar panels on their rooftops, is the most well-liked program. Individuals are eligible for a subsidy of up to 40% of the system’s total cost under this plan, while government and non-governmental organizations are eligible for a discount of up to 70%.
People and organizations must fulfill specific requirements, such as owning the building where the solar panels will be put and having a minimum roof area of 10 square meters, in order to be eligible for the Solar Rooftop PV Program. Additionally, a vendor that has received approval from MNRE must install the solar panels.
Although the Solar Rooftop PV Program is a fantastic choice for people wishing to install solar panels, it’s crucial to keep in mind that the application procedure can be drawn out and difficult. The size of the solar system, the anticipated cost, and the predicted amount of energy production must all be included in the application.
In India, there are a number of major solar companies, but Adani Solar is now in first place. One of the biggest corporations in India, the Adani Group, includes the subsidiary Adani Solar. The business provides a wide range of solar products and services, including solar modules, cells, and inverters, and has a 1.2 GW manufacturing capacity.
Adani Solar is dedicated to giving everyone access to clean, affordable energy and has a strong focus on sustainability. For its contributions to the solar sector, the company has won numerous honors and medals, including the “Best Solar Power Producer” prize at the National Energy Conservation medals.
JinkoSolar, a Chinese company, is currently the biggest solar company in the world. JinkoSolar provides a variety of solar goods and services, such as solar modules, cells, and inverters, and boasts a global manufacturing capacity of over 16 GW.
JinkoSolar is dedicated to advancing the solar sector and has a strong focus on innovation. For its contributions to the solar sector, the firm has won numerous honors and accolades, including the “Top Performer” title from the PVEL/DNV GL PV Module Reliability Scorecard for four consecutive years.
In conclusion, the MNRE’s Solar Rooftop PV Program offers government payments for solar panels in India. Even while the application procedure might be drawn out and challenging, the financial support offered can help make solar energy more widely available. Additionally, JinkoSolar is the biggest solar company in the world, while Adani Solar is now the top solar company in India.