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:
- 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.
- 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.
- 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.
- 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.
In 'white gold' rush, India kick-starts talks with lithium-rich nations
Jammu and Kashmir's reserve might be present with a large amount of lithium, but the current amount is insufficient to match with the world's top reserves of Lithium.
For India to become self-reliant in the field of solar energy storage and EV manufacturing without being dependent on China for EV battery supplies, it is important to own more such Lithium reserves and enhance its presence in overseas lithium mines.
Solar lighting system operates on electricity from batteries, charged through the use of solar photovoltaic panels. It is composed of a battery, solar panel, LED lamp, and charge controller. The stored energy is collected in a rechargeable Lithium-ion battery used later to produce lighting at night. The rapid infrastructure development in all sectors of India is pushing local solar light manufacturers to compete and deliver innovative solar lighting products at low prices to increase their presence in the market.