Everything you need to know about solar energy in India

Solar energy is being widely used across homes, societies, offices, and commercial spaces in India. A powerful source of electricity, solar energy offers numerous benefits, including:

• It’s a renewable form of energy so it can be used widely without being exhausted
• Since it’s clean energy, it does not cause any harmful emissions, nor does it cause damage to any natural resources like conventional power does
• Solar energy helps reduce reliance on fossil fuels which are limited in nature
• Solar energy is easier to harvest since it only requires solar panel installation
• Solar energy is more affordable that conventional energy. For solar panel owners, it virtually becomes free after a few initial years of use
• Solar energy can be stored in the battery for later use
• Solar energy can be employed in otherwise inaccessible areas

From lowered electricity bills to zero carbon emissions, solar energy has numerous advantages. But if you’re considering switching to solar, a balanced approach suggests looking at possible limitations too. Here a few disadvantages of using solar energy:

• High upfront costs of installation and setup
• Solar energy requires sunlight so cloudy or rainy days can cause inconsistent energy output
• Solar setups can take up rooftop or land space, which can be a limitation in metros and cities
• Solar energy cannot be generated at night, so battery storage is required, which is additional cost
• Improper disposal of solar panels can cause seepage of toxic chemicals into the ground or neighboring water bodies

While solar energy use can pose some limitations, the benefits can far exceed them, making them ideal for use in homes and business nationwide.

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While solar energy has a come a long way today, it started as a small-scale solution used primarily in satellites and remote areas where the grid couldn’t reach. As the benefits and ease of solar energy use became common knowledge, better technology emerged. Coupled with large-scale manufacturing, improved efficiency, and lower costs, solar power became accessible for homes and businesses too.

India is set to achieve a target of 500 GW of renewable energy by 2030, and solar has a huge part to play in it. The total solar potential of India stands at 748 GW, mostly centered in states like Rajasthan, Jammu and Kashmir, Maharashtra, Madhya Pradesh, and Andhra Pradesh.

Domestic manufacturing of modules, solar PV cells, ingots, and wafers is accelerating the solar momentum, while local and central government schemes are making this shift much more effective.

Curious about how solar has evolved and where it’s headed next? Read more!

With India’s installed solar capacity exceeding 129 GW, the advancements in this technology have been non-stop. National schemes like PM Surya Ghar Yojana are pushing lakhs to switch to solar for their homes, while subsidies and tax benefits are inviting businesses to do the same.

Leading trends in solar include:

• Large scale solar projects powering cities to meet the growing energy demand
• Adoption of bifacial panels to achieve higher efficiency
• Solar panel integration in building structures that helps curb space shortage
• AI-powered operations to monitor and boost performance
• Integration with battery storage for more reliable, round-the-clock solar use
• Cross-border solar integration for energy independence and security

These trends illustrate how solar is shifting from adoption to smart, integrated energy solutions.

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Businesses are adopting solar for lower electricity bills, energy independence, and strong ROI. Government incentives like subsidies and tax benefits make the investment even more attractive. Solar also helps companies reduce their carbon footprint and boost their sustainability credentials, making it a smart choice for the wallet and for the Earth.

When companies invest in solar, several tax‑related benefits help reduce their all‑in cost and improve returns:

• Accelerated depreciation: Companies can claim up to 40 % depreciation on solar assets in the first year under Section 32 of the Income Tax Act, lowering taxable income and improving cash flow. Know more about accelerated depreciation to avail the maximum benefit for your business.
• Income tax exemptions: Profits from solar power projects may be exempt from tax for up to 10 years under Section 80‑IA if eligibility criteria are met.
• Lower GST on solar equipment: Solar panels, inverters, and related components attract a reduced GST rate of 5 %, that reduces upfront system costs.
• GST input credits: Businesses can often claim input tax credits on GST paid for solar equipment and services, further lowering effective tax costs.

Still looking for a reason to make your business solar powered like lakhs others? Your search ends here. Explore now!

Solar energy is fast emerging as a smart, sustainable option for residential societies and homeowners to bring down their electricity bills. One of the biggest draws is the lower electricity bills, solar allows homes to generate their own power, reducing reliance on the grid and cutting monthly energy costs. Paired with battery storage, solar systems give backup power during outages, ensuring households are never left in the dark.

Solar is also environment-friendly, reducing carbon footprints and integrating with the clean energy objectives in India. Many homeowners enjoy government subsidies, net metering, and tax benefits that make installations cheaper and increase the payback period of the system.

Moreover, installing solar increases property value. Homes and societies with renewable energy solutions are being looked upon as more modern, green, and future-oriented. With long-lasting panels and minimal maintenance required, solar proves to be a practical, cost-effective, and eco-conscious choice for urban and suburban living alike.