Kerala Renewable Energy Policy

The policy was formed to develop, propagate and promote non‐conventional energy sources and exploit natural sources. It also aimed at developing eco‐friendly projects and decentralized power generation. The target aimed through policy is self-sufficiency. The Kerala Renewable Energy Policy was formulated based on the legal, financial and administrative framework for the promotion of investments in this sector. The renewable energy programs of MNRE are implemented in close coordination with State Nodal Agencies for renewable energy.
Kerala’s state electrical board has announced a new solar subsidy program for residents. People can get up to a 40% subsidy on rooftop solar panels under this program, and you will always earn at least twice the return on your investment.

As we all know, electricity prices are steadily rising, forcing us to rely on natural resources to meet our fundamental necessities.

Solar power may be used to generate electricity; all we need to do is place solar panels on rooftops and connect them to our main circuit board. There will be no electricity bill because these panels are subsidized by the government.

Policy to Promote Industrial Solar
Conditions: For LT (Low Tension) systems, the cumulative capacity of all solar systems installed in your region must not exceed 30% of distribution transformer capacity in your area, and for HT systems, it must not exceed 80%.

For Small & Micro Businesses
The energy consumption of this segment is more than Residential & Agricultural & lies up to 2000kW, so 200Kw solar solution is enough for it.

Policy to Promote Rooftop Solar
Kerala’s state electrical board has announced a new solar subsidy program for residents. People can get up to a 40% subsidy on rooftop solar panels under this program, and you will always earn at least twice the return on your investment.

Solar Business Opportunities

The growing demand for green energy has made solar products more relevant in present times. The following are some of the recognized and undeveloped prospects for the solar energy business in India:

1. Solar Projects to Develop and Own
   You can also continue to work on your solar projects. All you have to do now is assemble a team of experts in solar energy and equipment. Utilize your previous experience executing solar projects by developing and implementing a solid business plan, acquiring funds, and finally constructing it.
2. Consultants for Solar Projects
   During the solar installation project, you will be expected to supervise, monitor, and offer recommendations as a consultant. You'll be in charge of guiding clients through the whole solar installation procedure. You can either work for yourself or for a consulting firm.
3. Auditing of Solar Energy
   This opportunity is for people who have a deep understanding of the energy situation and how to meet energy demands. This is a prerequisite for anyone interested in having solar panels installed on their property. Starting this business requires a small investment. An auditor can act as a salesperson, promoting environmental conservation through the use of natural and renewable energy sources such as solar power, as well as advising clients on how to regulate and limit their energy consumption.
4. Solar Product Distribution
   In India, starting a distribution company in the solar energy sector could be a great business opportunity. Once you've discovered a reputable solar product manufacturer in your area, you'll need to find distributors. Then you can start trading and making money.