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If you have the knowledge of the solar energy production or you have the money to hire the best solar consultants, you can start your own solar plant in which you will also receive government aids and grants.
By 2020, there is a plan of producing 20GW of solar energy and this project started in the year 2009 with an investment of nineteen billion dollars.
There are different other aspects of this as well which are like the applications or the products for the use of solar energy like solar pumps for water, lanterns of solar energy and even the street lights can run on this energy.
It doesn’t help the manufacturers but the users of the solar panels.
It subsidies the energy consumptions of the people who have solar panels installed in their home.
The Thar Desert is estimated to produce near about seven hundred to twenty-one hundred GW of electricity from the solar energy and it is because of the few best and top solar power projects being built in that area.
In Gujarat, there is the largest solar power plant project which has been started since 2014.You can start producing solar panels, power grids, general products like mentioned above which will use the solar energy etc.It might seem a huge investment to start manufacturing business of solar products but in reality, the market is exponentially growing and the thus invested amount can be recovered real soon.Solar energy is not just a business that you can make a profit out of it but it is an initiative to make India bright and to enlighten Indian cities and the population.So, here are some of the major business opportunities which are discussed in brief which one can invest their money into if they want to get into this industry of solar power.The country is a tropical one, there is the huge scope of producing solar energy and the ones who are thinking of setting up a business out of this notion must understand that the source and the resource are in abundance but the usage is to be wise.The most important parts of the country which can contribute to the most of the solar energy production are the states of West Bengal, Andhra Pradesh, Gujarat, Bihar, Maharashtra, Orissa, Rajasthan, MP, and Punjab.If you have studied and have deep knowledge of the solar energy usages or production, you can encash your knowledge.The last but one of the most important solar business ideas within small investment horizon is setting up a business which will provide maintenance and repairing services to the solar products.Almost 3000 hours of sun rays are received in India because of its strategic location on the earth and it can serve to light up the whole of the country if used properly.These sunshine hours can produce up to 5 thousands trillion kilowatt hours of electricity which is enough to run the country on a whole.