How Gujarat/India is growing in Solar Energy Creation?

How Gujarat/India is growing in Solar Energy Creation

India is blessed with immense solar radiation with an energy potential of around 5000 trillion KWh per year. The rays are directly incident over the territory of India with most parts getting 4 – 7 KWh per square meter each day. As the industrial age embarked, the use of sunlight as a source of energy started thriving. And in the recent past India achieved 5th position in Solar power deployment by surpassing Italy according to a report in the Ministry of new and renewable energy. The capacity of Solar power has not only increased manifold but the current solar tariff has made the market competitive and has achieved grid parity. The capacity has grown by more than 11 times in the past 5 years and is valued at 2.6 GW in March 2014 to 30 GW in March 2019.

Precisely this sector in India has made an appearance as one of the most significant players in the grid-connected power generation capacity in the trend. It has created a visible impact and has led India on the path of Sustainable development. Apparently, solar energy is a solution to the entire country’s energy needs

According to the National Institute of solar energy, the solar potential of India is about 748 GW assuming 3% of wasteland. National Solar Mission is a prominent initiative by the Government of India launched on 11 January 2010. 

It involves functional involvement and participation of states of India to promote ecologically sustainable growth in accordance with the Country’s energy needs. It is also a global effort towards climate change and reducing emission intensity. The objective of this mission is to set up India as a worldwide pioneer in Solar Energy creation in a short span of time. Moreover, the mission targets to introduce 100 GW grids connected to solar power plants by the year 2022. The country’s solar deployment has reached 34,404 GW according to a statistics report of 29th February 2020. India has the lowest capital cost per MW globally to install solar plants.

Let us have a glance at the development and status of India in the Renewable energy sector:-

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Soleos blog

Various large-scale sustainable power projects are being undertaken in different parts of the country to make a paradigm shift towards Green India. This transition requires consistent efforts scaled towards the gross improvement of the sector as a whole.

Gujarat ranks 5th in the country in terms of Solar power capacity after Karnataka, Telangana, Rajasthan, and Andhra Pradesh. In addition to that Gujarat was reported to be the top state in the deployment of solar power installations. The Kutch solar project is anticipated to be the world’s largest solar park. Gujarat is a power surplus state. Read along to scan the rationality.

In terms of energy, Gujarat has undergone a massive transformation in the past few decades. Due to rapid industrialization, Gujarat has become one of the leading states in revolutionizing the energy sector. It is one of the best places for investments and development projects with active inclination and support from the Government leading to a stable economy. Moreover, Ahmedabad is known as the Financial Capital of the state. The state of Gujarat accounts for about 9% of the total energy requirement in India. The total solar energy generation of the state accounts for 2654 MW and they are planning to revamp their renewable energy creation to about 30,000 MW by 2022.

In March 2020 Gujarat was the top drawer for domestic rooftop solar installation. With a total of 50,915 which is about 64% of the country’s 70,950 installations. It is backing India in accomplishing its target of 100 GW of the solar capacity of which 40 GW has been planned through the rooftop by gazing its eyes for 8024 MW by 2022, pulling in 3200 MW through the rooftop segment. Its greatest single solar power generation capacity is in Patan’s district Charanka solar park that has current production of 600 MW. The government of Gujarat put in considerable efforts in uplifting the state in terms of the energy sector. Lately, their initiative of new solar policy extended additional benefits to the residential, individual, and commercial developers or power producers by removing capacity ceiling for setting up a solar project and allowing consumers to lease out their roofs or establishments to the third party for generation and consumption of power in the same premises for the next 5 years from 2021 till December 2025. Besides State government also approved the group ownership of solar projects on the basis of their ratio of ownership for self-consumption. The energy cost has also been reduced to 4.5 per unit from 8 per unit. In addition to that, the security deposit by a developer to a power distribution company has also been reduced to 5 lakh per MW from 25 lakh per MW. The government is harvesting its solar potential and finally kicking off leaving no stone unturned in achieving its target.

To edify the Solar sector and uplift its segments there are diverse companies out there providing end to end services and solutions to all the energy needs of the consumers for example Solar EPC companies such as soleos, the best solar EPC company in Ahmedabad, aids in solar power installation in commercial or industrial establishments right from scratch to its finance till the project is fully operational and its requisite timely maintenance. They are the major contributor to the solar revolution in India. They act as the catalyst in accelerating the rolling.

One of the most reliable and potent players amongst the leading EPC companies is Soleos. It is a  leading solar EPC company in Ahmedabad which is the major city in Solar Power generation. Soleos is a prime solar EPC company in Ahmedabad offering its expertise and services to various customer segments of pan India. Its services are distinctive providing trademark quality solutions in areas of Solar rooftop, ground mount, and Solar PPA. The industry itself has a promising track record of providing a good return on investment that provides assurance for the performance of the EPC companies. The attributes of the Soleos are in line with that of the government in achieving an eco-friendly green and sustainable environment with reduced emissions. For more than 15 years Soleos, as the leading solar EPC company, has provided undivided attention to its customers by delivering quality services and thereby increasing customer satisfaction. We have a holistic approach towards our services and in terms of the economic viability of the project, efficiency, and final commissioning our solutions are simply the best in the market. We put the plans of the customers into actions they like, and also help them foresee the vivid future and their growth with us, this is what makes us the best solar EPC company in Ahmedabad.

Why Choice US?

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Because Soleos offers an array of services tailored to your needs and we also offer the best experience to all the involved stakeholders. Being the best  Solar EPC company in Ahmedabad, we also provide Solar Finance and O & M of the projects to our customers. We provide a medium of growth and empowerment in the solar industry. Book your journey of progress with the leading solar EPC company in Ahmedabad. 

Grow with Gujarat, grow with Soleos.