Countries around the world are planning to reboot their economies despite the COVID-19 pandemic. The power sector will play an important role in setting the Indian economy back in motion. However, the question arises, “Can India become Aatmanirbhar from Green Energy alternatives like solar power?”
We have seen an economic slowdown due to COVID-19, making it important to establish an Aatmanirbhar India. The solar power sector can play an important role in this. It is said that ramping up the development of solar solutions like solar panels will make India's economy sustainable and Aatmanirbhar.
India's solar energy has a welcoming opportunity to improve the domestic economy and make it self-reliant in the post-pandemic period, according to the announcement made by Prime Minister Narendra Modi focusing on the Make in India initiative.
How Can Solar Power Sector Make an Aatmanirbhar Bharat?
India has a terrific capacity for solar power production. It is a tropical country with approximately 300 bright sunny days a year. The growth of the solar sector in various ways will assist India in becoming Aatmanirbhar or self-reliant.
Here's how:
– Jobs will be offered to people from diverse sects in India.
– Establishment of solar channels will contribute to the growth in rural areas.
– There would be a decline in fuel import bills.
– Dependency on oil-producing countries would also be reduced.
– Power generation units are built at a quicker rate.
– It will also encourage a safe atmosphere and improve quality of life.
Here are several reasons why a solar panel is the safest green solution:
- Reduction in Fuel Import Bills
Energy bills can make up a big part of your monthly expenses, whether you're a homeowner, business, or a non-profit organization. You can produce free power for the entire 25+ years lifecycle of your system with solar panels. Even if you don't generate 100 percent of the electricity you consume, your utility costs will decrease with solar panels, helping you save a lot of money. This way, you'll not only generate your own energy and become Aatmanirbhar but also reduce dependence on third-party suppliers. It will eventually help in reduction of fuel import bills.
- Support Towards A Clean Environment
A perfect way to reduce carbon footprint and encourage a sustainable atmosphere is to use solar energy. Approximately three to four tonnes of carbon emissions per year would be removed by a typical residential solar panel system, the equivalent of planting over 100 trees annually.
- Low Maintenance Costs
Solar panels need very little maintenance once installed. They are generally mounted at an angle that allows rain to run off easily and wash away dirt and dust. If you prevent them from being obscured by dirt, solar panels will last for over 25 years with the least efficiency loss.
- Tax Exemptions
The government provides tax incentives to those who install rooftop solar panels, whether for residential or commercial purposes, to enable people to support solar energy. According to the Ministry of New and Renewable Energy, the government pays 30 percent of the construction cost as a subsidy to the installer.
Feed-in Tariff (FiT) is a government-backed scheme provided by your electricity supplier, and you can get charged for the energy produced by your solar PV system if you opt for it.
The power industry and the way electricity is supplied to the grid have been changed by solar energy. One of its biggest benefits is its easy accessibility to households, with solar energy taking the general lead in green sources.
Not only do solar panels offer economic and environmental benefits, but they also enable sustainable living. If you look forward to buying solar panels for your home, you can explore the comprehensive range of solar panels by reliable brands like Luminous. They have different solar packages so that you can select the one that fits your requirement.
