The challenges of eco-friendly power generation and renewable energy in India has always been a hot topic. It has led to many movements, government initiatives, and programmes that involve citizens and government to take necessary actions for greener and better future. Despite constant steps toward renewable energy generation, the execution has become challenging in India.
Major Challenges of Renewable Energy in India
1. High Upfront Cost
Advanced rooftop solar solutions, solar system for residential flats, panel installation for commercial buildings & homeowners, and the initial setup cost for the wind renewable energy sources are costly. Most developing countries find the upfront investment cost for their citizens not affordable, making investors lack trust in the country’s renewable energy initiatives. Further, investors turn to fossil-based energy as it requires lesser investment & installation costs.
2. Poor Infrastructure
The next challenge for renewable energy in India is to upgrade existing infrastructure to advanced that can manage new-age renewable technologies. The Indian infrastructure is on the way to developing exponentially, however, the rising demand for renewable energy sources is challenging to meet with today’s infrastructure that is built considering fossil-based fuel plants & nuclear plans.
3. Technical Expertise
The wind and solar power technologies require technical experts to closely monitor. The rooftop solar panels for home and commercial buildings is a costly affair for economic sections of society.
4. Geographical Challenges
The geographical challenge is vital to understand if you’re interested in knowing the factors associated with the renewable energy in India. Solar and wind energy infrastructure and technologies are dependent on geographical locations whereas fossil-based and traditional plants face no challenge from geographical locations. Further, it is also important to understand that non-renewable energy ways have lesser investment and policies compared to traditional fossil-based energy plants.
5. Adverse Natural Impact
Natural calamities adversely impact the economy of nations, causing damage to infrastructure and renewable energy in India sources. Further, advanced technologies of rooftop solar solutions, maintenance of rooftop solar systems, and wind energy get impacted due to natural calamities that cause massive adverse impacts on the supply and demand of the renewable energy materials.
Government Policies for Promoting Renewable Energy Consumption
There are several steps that the government of India has taken to promote renewable energy consumption. Some of them are mentioned below-
1. Budgetary Provisions
The Indian government is promoting innovative solutions to tackle the above-mentioned solutions by allocating a whopping of INR 10,000 crore for a grid-based solar power scheme. Further, it includes provisions for viability gap funding for offshore wind capacity to achieve the capacity of 1 GW initially.
2. PM Suryodaya Yojana
The main aim of this initiative is to promote generation of renewable energy in India, rooftop solar solutions and panel installation and reach one crore Indians who will leverage solar power for their daily use. Know how a solar team works in solar plant installation process.
3. Production Linked Incentive Scheme
To promote India’s manufacturing and exports in the solar sector, the government initiated the PLI scheme in April 2021 led to the achievement of 48 GW of domestic module manufacturing capacity.
4. National Green Hydrogen Mission
The government initiated the policy to promote research and development and import substitution in renewable energy, providing benefits in terms of the rooftop solar panels for home and properties.
5. PM KUSUM Scheme
Specifically initiated for farmers and to make them energy independent by non-fossil fuel energy consumption by 2030. Further, India currently has 100% FDI in renewable energy projects.
6. Support for EVs
India openly promotes the use of electric vehicles by supporting the global EV30@30 campaign and aiming to achieve at least 30% of new EV sales by 2030. Read the 1kW Solar Plant installation guide if you’re a homeowner and plan to invest in solar solutions.
Factors Every Solar System for Residential Flats Providers Must Consider
1. Leverage Digital Marketing
You must leverage the power of digital marketing to scale your solar business to attract customers for your best solar system for commercial buildings and residential flats.
Explore strategies and digital marketing techniques, like search engine optimization, content marketing, influencer marketing, and others. Every aspect of digital marketing requires specific resource allocation and strategy. So execute plans accordingly.
2. Build Strategic Partnerships
The business world works on finding the best opportunities, just like a win-win situation for stakeholders. Therefore, you must consider partnering up and collaborating with other businesses that are related to your solar system and the maintenance of rooftop solar systems for commercial buildings.
It would help you gain potential business opportunities where involved stakeholders gain benefits from the collaboration & partnership.
3. Harness the Power of Referral Programs
Besides affiliate marketing, referral programs are highly recommendable for your solar panel business. User-generated content creates positive word-of-mouth among customers and the market.
It makes it effective to become the top Solar EPC company and the best rooftop solar installation company near Delhi. It becomes important to engage in best practices to generate better outcomes in the long run.
4. Educate the Community
You need to contribute to the community by adding value and educating them about the ins and outs of solar panels. The more you discuss how it benefits customers and spreads awareness about the renewable energy in India and its long-term benefits they get, the more they engage with your solar panel business and the rooftop solar panels for home and commercial buildings that you offer.
Provide them do’s & don’t once they get panels installed, making the efficiency effective. Thus, provide informative content to them to create awareness for your business.
5. Offer Financing Options
Providing financing options is another impactful factor that you can opt for to get the best solar panels at reasonable rates. Being the best rooftop solar panel installation company near Delhi, you can educate customers about government solar schemes, to reduce their upfront investment cost of installation, making them save costs for longer periods. You can also provide EMIs from your business and update them with available government subsidies according to panel size and efficiency.
Conclusion
If you’re looking to learn more about renewable energy in India, rooftop solar solutions, solar system for residential flats or commercial properties, connect with the consultants of Megamax Solar. The company provides top-notch solar services to its stakeholders.