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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:

  1. 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.
  2. 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.
  3. 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.
  4. 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.

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:

  1. 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.
  2. 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.
  3. 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.
  4. 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.

Lithium-ion battery sector

The major guidelines proposed by this department - The minimum requirement for installation of a public charging station must include exclusive transformer, 33/11 kV lines, proper civil works, and appropriate liquid cooled cables. Moreover, the public charging stations must be tested by respective authorities before operation.

The availability of suitable charging sites is great concerned. The estimate of EV supply hardware essential at assorted kinds of areas is proposed dependent on a charging technique. Both convenience and physical concerns should be considered for effective charging stations.

Keeping the above mentioned opportunities in the EV market, AEVT has designed Entrepreneurship Development Programme on Electric Vehicle Charging Station so as to provide overview of the EV ecosystem and the systematic approach on planning, and execution of EV charging infrastructure.

In 'white gold' rush, India kick-starts talks with lithium-rich nations

Jammu and Kashmir's reserve might be present with a large amount of lithium, but the current amount is insufficient to match with the world's top reserves of Lithium. For India to become self-reliant in the field of solar energy storage and EV manufacturing without being dependent on China for EV battery supplies, it is important to own more such Lithium reserves and enhance its presence in overseas lithium mines. Solar lighting system operates on electricity from batteries, charged through the use of solar photovoltaic panels. It is composed of a battery, solar panel, LED lamp, and charge controller. The stored energy is collected in a rechargeable Lithium-ion battery used later to produce lighting at night. The rapid infrastructure development in all sectors of India is pushing local solar light manufacturers to compete and deliver innovative solar lighting products at low prices to increase their presence in the market.



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