Start Solar Panel Business In India

Starting a solar business is one of the biggest business opportunities nowadays.
Start solar panel business in india. Steps to start a solar energy business in india. You have found the perfect business idea and now you are ready to take the next step. Basically the demand for the different type of solar products is increasing in countries like japan china india germany italy uk. Do you know that according to the recent reports india is the 3rd biggest solar market in the world after china and the us.
Many scholars expects solar installations to provide one quarter of the world s energy needs by 2050 and it has been predicted that 11 percent of solar energy will come from panels installed on houses and office buildings. This increasing popularity is creating a huge potential for entrepreneurs for starting a solar business. I saved a lot of money. Start a solar panel business by following these 9 steps.
Indeed solar panel installation is a business with a future. Solar energy business profitability is like at the top position at present and this will stay there in future also. Every person in this country today has a well economic space to edify his her solar business without thinking of capital and ancillary expenses. People above has already answered the theoretical part so i would like to give a practical answer to this question.
The world is shifting towards renewable energy sources and solar is one of the biggest sources of renewable energy. Is solar business profitable. About 5 000 trillion kwh per year energy is incident over india s land area with most parts receiving 4 7 kwh per sq. The opportunity in this sector is dynamic and extolling.
There is more to starting a business than just registering it with the state. I used to pay bills for 900 every quarter. So we are here to let you know the steps to start solar energy business in india. We have put together this simple guide to starting your solar panel business.
Why starting a solar panel installation business. Most of the new entrepreneurs may not know the procedure for starting a solar energy business in india. I am trying my luck into this business since last 5 6 months and if one asks me how to get in my answer would be if you are star. Start solar s consultant told me that there is not enough roof space and i would not be able to eliminate my entire bill because the 5kw can not produce enough to knock off a 900 bill.
Before diving into business opportunities in the solar industry let us first understand the profitability aspect of solar business in india. India is endowed with vast solar energy potential.