Solar Business Opportunities
The growing demand for green energy has made solar products more relevant in present times. The following are some of the recognized and undeveloped prospects for the solar energy business in India:
- Solar Projects to Develop and Own
You can also continue to work on your solar projects. All you have to do now is assemble a team of experts in solar energy and equipment. Utilize your previous experience executing solar projects by developing and implementing a solid business plan, acquiring funds, and finally constructing it. - Consultants for Solar Projects
During the solar installation project, you will be expected to supervise, monitor, and offer recommendations as a consultant. You'll be in charge of guiding clients through the whole solar installation procedure. You can either work for yourself or for a consulting firm. - Auditing of Solar Energy
This opportunity is for people who have a deep understanding of the energy situation and how to meet energy demands. This is a prerequisite for anyone interested in having solar panels installed on their property. Starting this business requires a small investment. An auditor can act as a salesperson, promoting environmental conservation through the use of natural and renewable energy sources such as solar power, as well as advising clients on how to regulate and limit their energy consumption. - Solar Product Distribution
In India, starting a distribution company in the solar energy sector could be a great business opportunity. Once you've discovered a reputable solar product manufacturer in your area, you'll need to find distributors. Then you can start trading and making money.
Electric Vehicles new Opportunities
Businesses are increasingly going digital to break the cycle of escalating pollution and limit the usage of natural resources, which raises CO2 emissions in our environment. Currently, our country is riding the EV wave. EV Platforms are widely seen in the economy, and most people interact with them every day. EV technologies, and their ecosystems of complementors, are a manifestation of this shift in the way firms are organizing to create greater value for end-users.
Solar charging stations for electric vehicles have emerged as one of the best ways to reduce India’s dependence on fossil fuels for powering various modes of transport. We anticipate that in the coming years, nearly everyone who owns an Electric vehicle system will install a solar charging station in their home. This will necessitate a fundamental shift in how we think about refueling our cars, as well as a natural evolution of our energy infrastructure. The battery rating of an EV indicates the amount of power that it can store, which indicates how much power is required to fully charge it. And common EV battery sizes 100KWh to 200KWh. Solar-powered EV charging stations are the solution to bring that percentage down to zero. Not only is it beneficial for the environment, but it is also a major benefit for EV owners by reducing electricity bill.
The Indian government has concluded that no license is required to build charging infrastructure as long as it meets the 'Ministry of Power' standards. As a result, there is no need for a special permission to transmit, distribute, or exchange power for the purpose of charging electric car batteries.
State governments have even announced the mandatory installation of charging stations in commercial and residential complexes, as well as a particular percentage reserved for electric vehicles in such complexes,to pave the way for adoption of the EV eco system.
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