Govt Schemes for solar companies

Government Schemes for Solar Companies

Due to the high electricity demand, many people are coming up with substitute energy sources like solar energy. To support the solar companies, the government has launched some amazing schemes. These are specially designed to support the companies that produce solar energy or manufacture devices that run on solar energy. As you go through the schemes, the benefits will become more prominent.

Development of Solar Parks and Ultra Mega Solar Power Projects

Often, solar companies individually want to make a setup of solar panels and produce solar energy. However, due to the scattered paneling style, there is more energy waste, and the production cost gets higher. To reduce the loss and make it a profitable site of energy production, the government has come up with solar parks. The solar parks will have a good amount of solar panels installed. Such panels can be placed all over India. Since many solar panels will stay together, the energy produced will bring profit from it. To support the solar companies to have more solar parks, the government is providing help.

Grid-connected solar rooftop program

To make more space for the solar panel rooftop is the best place. It won’t occupy a lot of ground space and still serve the purpose. This scheme has a target to achieve 40000 MW from rooftop panels. The more is the number of panels, and the higher is the amount of energy produced. The government is looking upon this project since 2014, and by 2022 it has the target to achieve 40000 MW.

Setting and distribution of grid-connected solar PV power project

Under this scheme, the government offers the mass distribution of grid-connected solar PV power projects for the Solar companies. To reduce the usage of diesel for electricity generation, this scheme is launched by the Indian government. Instead of diesel, solar energy can be used to produce electricity which is an eco-friendly option. That is why the government is providing help and support to place solar panels in bulk to reduce the use of diesel. Electricity is a need, but the production process can be changed and made better.

Setting up grid connect SPV power projects.

The grid-connected solar panels reduce the loss of energy a lot. It is similar to plug in and plug out. When the plug is out, it won’t function, and no energy loss is there. The government has come up with a scheme to set up over 5000MW grid connect SPV power projects. Such projects can be run in different states individually, which is a plus point.
Some more schemes and plans are created to support the solar companies in India. If you want to know more about them, contact our executives, and they will guide you through. If you want to avail the benefits of such schemes, then book a consultant, and they will make you understand the cause of every scheme and how it can help you. Then you can decide which scheme to choose for your business.