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n to afford solar power installations

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  The solar industry in India   T he country's solar industry is showing signs of recovery with increased activity compared to the previous quarter while 2020  worst years for solar in India as COVID-19 took a heavy toll on the industry,  the industry still has a long way to go. However, the market is almost back on its feet, and the mood is upbeat as the industry heads to 2021 - one of the best years foretasted for the sector," said Raj Prabhu, CEO of Mercom Capital Group. India,  the third-largest solar market in the world, India has witnessed a dip in terms of capacity addition, which fell from 9.6 gigawatt (GW) in 2017 to 8.3 GW in 2018, indicating a slowdown of 16 per cent.  Gradually India is becoming a favorite investment destination for both local and global players. Today  Indian economy has the second-fastest rate of increase in GDP in the world - 7.1%. The country accounts  for one thirds of the world's population without access to...
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adoption of solar energy is going

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  one kilowatt of solar system costs less than a premium mobile phone   "We are encouraging rooftop solar, because, the its opportunities to creates jobs, when compared with utility scale solar.  whole eco-system of suppliers, manufacturers of modules, structures, inverters and more have adapted to the business opportunity." - says Expert at Institute of Solar Technology.  Solar Adoption Experience For Consumers  - Solar is not only environmentally responsible, but the investment too breaks-even within 3 to 4 years. The system yields high returns on investment and is commercially viable. with the help of net-metering, the power supply is uninterrupted which in turn reduces the cost of the overall system in the longer run. one kilowatt of solar system costs less than a premium mobile phone and in addition, it’s an investment into green energy and the saving in electricity bill continues for 25 years. Many companies offering to end consumers include both loans wit...
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