Rooftop Solar Panels – The Benefits That Help In Their Growing Demand In India

In current times, the world is mainly adopting renewable power at a much faster speed. India is currently on an emerging scale in the global arena as the leading generator of present renewable energy. In order to move towards the sustainable energy package, the Indian government has set a major target to attach 175 GW of the installed capacity of the said renewable energy when 2022 ends.

At present, within this aim, around 100 GW is the target set for covering the solar installation section. As since last in 2019, 23 GW has been achieved already and 40 GW was under different implementation stages.

This current movement towards solar generation has made India overpower the USA and become the 2^nd largest country with solar power generation globally. At present, this country is moving towards achieving laid targets for 2022.

Some of the large-scale installations:

Even though some of the larger scale installations cover around 87% of solar power generation, at present, the adoption rate of solar rooftop panels is towards major growth.

• The installed capacity of these solar rooftops augmented from 117 MW to around 1250 MW from 2013 to 2016.
• With this immense growth already seen, the Ministry of New and Renewable Energy has set a target of 40 GW through rooftop solar through its National Solar Mission of India.
• Even though this target was considered to be ambitious at that moment, from the changes taking place, it seems possible to achieve.

There are different reasons to accentuate benefits revolving around solar rooftop panels and it is time to get a clear idea behind their growing popularity.

Cost savings towards a bigger arena:

The main advantage of installing solar panels is that they offer the best cost savings possible. The tariff rates of the rooftop solar panels when compared to the commercial and industrial tariff rates are cheaper by 27% and 17% respectively.

• Installations of rooftop solar panels will attain grid parity in various residential sectors in India.
• For the building owners out there in India, installing rooftop solar panels will help in cutting down electricity bills.
• These panels will supply electricity to buildings. So, the dwellers have to purchase less electricity from the grid and save a great amount on energy costs.

A secure investment to purchase:

From time to time, electricity prices are going to fluctuate. It becomes a lot more difficult to calculate the present expenditure on electricity for a certain span of time.

• When it is to the electricity generated from the rooftop solar panels, the rates of the power generated can be well calculated.
• If you want, you can further calculate the cost of electricity as generated for the next 10 years.
• This way, you get to enjoy a secure investment, thanks to rooftop solar panels.

All these points are able to provide you with the best benefits revolving around rooftop solar panels these days. Join hands with Alfainfraprop to learn about the upcoming renewable energy projects in India. Call the team at +91-22-42429999 or ask your queries by emailing at info@alfainfraprop.com.