Modhera Village: Official Partner Locals, Powered by the Sun.

Modhera Village: Pioneering the Path to Sustainable Energy with Solar Power

Nestled in the heart of Gujarat, India, Modhera Village stands as a testament to the rich cultural and architectural heritage of the region. Renowned for its ancient sun temple and vibrant cultural traditions, Modhera offers visitors a captivating journey through time, where history, spirituality, and artistic brilliance converge with it's awe inspiringly modern approach to sustainability.

Modhera Village in Gujarat, India, has carved its name in history by becoming the first village in the country to be fully powered by solar energy. This remarkable achievement stands as a beacon of sustainable development, showcasing the village's commitment to environmental stewardship and energy independence.

The Vision for Renewable Energy:

The journey towards solar-powered sustainability began with a visionary initiative led by the local community and government authorities. Recognizing the abundant solar resources available in the region, Modhera Village embarked on a bold mission to harness clean and renewable energy to meet its electricity needs.

Implementation of Solar Infrastructure:

Central to the transformation of Modhera Village was the installation of state-of-the-art solar infrastructure. Rooftop solar panels were deployed across homes, community buildings, and public spaces, harnessing the power of the sun to generate electricity. These solar panels, equipped with advanced photovoltaic technology, efficiently convert sunlight into usable electrical energy, powering lights, appliances, and other essential services.

Community Participation and Empowerment:

Crucial to the success of the solar initiative was the active participation and engagement of the local community. Residents of Modhera Village embraced the transition to solar energy, recognizing its potential to improve their quality of life while safeguarding the environment for future generations. Through awareness campaigns, training programs, and community workshops, villagers were empowered to take ownership of the solar infrastructure and its maintenance, fostering a sense of pride and self-reliance.

Environmental Benefits and Sustainability:

The adoption of solar power has yielded significant environmental benefits for Modhera Village and its surroundings. By harnessing clean and renewable energy, the village has reduced its carbon footprint, mitigating air and water pollution associated with conventional fossil fuel-based energy sources. The transition to solar power also contributes to the preservation of natural resources and ecosystems, safeguarding the region's biodiversity and ecological balance.

Setting an Example for Sustainable Development:

Modhera Village's achievement serves as a shining example of sustainable development and innovation in the field of renewable energy. The success of the solar initiative has garnered national and international recognition, inspiring other communities and regions to embrace solar power as a viable and sustainable alternative to traditional energy sources.

Conclusion:

As the first village in India to be fully powered by solar energy, Modhera Village stands at the forefront of the clean energy revolution. Its journey exemplifies the transformative power of renewable energy technologies in driving economic growth, empowering communities, and safeguarding the planet for future generations. With its unwavering commitment to sustainability, Modhera Village paves the way towards a brighter, cleaner, and more sustainable future for all.

Madhya Pradesh is a crucial player in meeting renewable energy targets of India.

Major Solar Power Plants of Madhya Pradesh

Madhya Pradesh, a central Indian state, has been actively involved in the development of solar power plants to harness its abundant solar energy resources. Here are some of the major solar power plants in Madhya Pradesh:

  1. Rewa Ultra Mega Solar Park:
    • Located in the Rewa district of Madhya Pradesh, the Rewa Ultra Mega Solar Park is one of the largest solar parks in India. It has a total capacity of 750 megawatts (MW) and consists of three solar generating units. The park gained international attention for hosting one of the world's lowest solar tariffs at the time of its auction.
    • The Rewa Solar Park was jointly developed by the Solar Energy Corporation of India (SECI) and the Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL). It has helped Madhya Pradesh make significant strides in renewable energy generation and contributed to the state's efforts to reduce dependence on fossil fuels.
  2. Neemuch Solar Park:
    • Neemuch Solar Park is located in the Neemuch district of Madhya Pradesh. It has a capacity of 250 MW and is one of the key solar power projects in the state. The park consists of multiple solar generating units and contributes to Madhya Pradesh's renewable energy portfolio.
    • Neemuch Solar Park was developed to harness solar energy and promote sustainable development in the region. It has facilitated job creation, attracted investments, and supported the state government's initiatives to achieve renewable energy targets.
  3. Agar Solar Power Project:
    • The Agar Solar Power Project is located in the Agar Malwa district of Madhya Pradesh. It has a total capacity of 150 MW and plays a significant role in enhancing the state's renewable energy capacity. The project is part of Madhya Pradesh's commitment to promoting clean and green energy sources.
    • The Agar Solar Power Project contributes to the state's efforts to meet electricity demand, reduce carbon emissions, and promote economic growth through renewable energy development. It has also helped in diversifying the energy mix and increasing energy security in Madhya Pradesh.
  4. NTPC Solar Power Plant, Mandsaur:
    • The National Thermal Power Corporation (NTPC) Solar Power Plant in Mandsaur, Madhya Pradesh, is another notable solar project in the state. With a capacity of 250 MW, the solar power plant contributes to the renewable energy goals of both Madhya Pradesh and the country.
    • The NTPC Solar Power Plant in Mandsaur showcases the collaboration between the central government and state authorities in promoting solar energy projects. It reflects the commitment to clean energy transition and sustainable development in Madhya Pradesh.

These major solar power plants in Madhya Pradesh demonstrate the state's commitment to renewable energy development and its efforts to harness solar power to meet electricity demand, reduce carbon emissions, and promote sustainable growth. They contribute significantly to India's renewable energy targets and underscore the importance of solar energy in the country's energy transition.

How Major Solar Power plants are accelerating growth of renewable energy in India.

Major Solar Power plants of India - Introduction

India is rapidly emerging as a global leader in solar energy deployment, with numerous major solar power plants contributing significantly to the country's renewable energy capacity. Here are introductions to some of the major solar power plants in India:

  1. Bhadla Solar Park, Rajasthan:
    • Bhadla Solar Park, located in Rajasthan's Jodhpur district, is one of the largest solar parks not only in India but also globally. It covers an extensive area of over 14,000 acres and has a total installed capacity exceeding 2,245 MW. The park is a testament to Rajasthan's favorable solar irradiation levels and conducive regulatory environment for solar energy development.
    • Bhadla Solar Park consists of multiple solar projects developed by various public and private sector entities, including Adani Green Energy, Azure Power, and ACME Solar Holdings, among others. These projects utilize both photovoltaic (PV) and concentrated solar power (CSP) technologies to harness solar energy efficiently.
    • The park plays a crucial role in India's renewable energy transition, contributing significantly to the country's ambitious target of achieving 175 GW of renewable energy capacity by 2022 and 450 GW by 2030. It also facilitates job creation, attracts investments, and strengthens Rajasthan's position as a key player in India's solar energy landscape.
  2. Kurnool Ultra Mega Solar Park, Andhra Pradesh:
    • Situated in the Kurnool district of Andhra Pradesh, the Kurnool Ultra Mega Solar Park is one of the largest solar parks in India, covering approximately 5,932 acres of land. The park boasts a total installed capacity of 1,000 MW and comprises multiple solar power projects developed by leading renewable energy developers.
    • The Kurnool Ultra Mega Solar Park has been pivotal in promoting sustainable energy development in Andhra Pradesh and reducing the state's reliance on conventional fossil fuels. It has attracted significant investments, fostered technological innovation, and created employment opportunities across the solar value chain.
    • The park's strategic location, abundant solar resources, and supportive policy framework have positioned Andhra Pradesh as a frontrunner in India's solar energy sector. It serves as a model for other states seeking to leverage solar power to meet their energy demands and address climate change challenges.
  3. Pavagada Solar Park, Karnataka:
    • Pavagada Solar Park, located in Karnataka's Tumakuru district, is one of the largest single-location solar parks in the world. Spanning an area of approximately 13,000 acres, the park has a total installed capacity exceeding 2,000 MW, making it a key contributor to Karnataka's renewable energy goals.
    • The Pavagada Solar Park has been developed in multiple phases and hosts solar projects implemented by various developers, including ACME Solar Holdings, Tata Power Renewable Energy, and Fortum India, among others. The park's successful development underscores Karnataka's commitment to promoting clean energy and fostering sustainable development.
    • Pavagada Solar Park has not only bolstered Karnataka's renewable energy capacity but also contributed to job creation, rural electrification, and socio-economic development in the region. Its establishment reflects Karnataka's proactive approach towards embracing renewable energy technologies and transitioning towards a low-carbon future.
  4. Rewa Ultra Mega Solar Park, Madhya Pradesh:
    • The Rewa Ultra Mega Solar Park, located in the Rewa district of Madhya Pradesh, is one of the largest single-site solar parks in India. It covers an area of approximately 1,590 acres and has a total installed capacity of 750 MW. The park consists of three solar generating units developed by leading solar energy companies.
    • The Rewa Solar Park gained international attention for hosting one of the world's lowest solar tariffs at the time of its auction. It exemplifies the competitive pricing and economic viability of solar power in India's energy landscape. The park's successful implementation reflects Madhya Pradesh's commitment to renewable energy and sustainable development.
  5. Charanka Solar Park, Gujarat:
    • Charanka Solar Park, situated in the Patan district of Gujarat, was one of the first solar parks to be developed in India. It covers an area of approximately 5,384 acres and has a cumulative capacity of over 790 MW. The park hosts several solar power projects implemented by various developers, including Gujarat State Electricity Corporation Limited (GSECL) and private sector entities.
    • Charanka Solar Park is renowned for its innovative solar energy initiatives and efficient use of renewable resources. It has significantly contributed to Gujarat's renewable energy capacity and helped the state emerge as a leader in solar power generation in India. The park's success has inspired similar solar initiatives across the country, fostering the growth of the solar energy sector.

These major solar power plants exemplify India's remarkable progress in renewable energy deployment and underscore the country's transition towards a cleaner, more sustainable energy mix. Through continued investments, innovation, and policy support, India aims to further accelerate the adoption of solar energy and achieve its ambitious renewable energy targets in the years to come.

Things you need to check after installation of rooftop solar plants to ensure safety.

After the installation of a rooftop solar plant, it is essential to conduct thorough checks and inspections to ensure safety and optimal performance. Here are some key things to check after the installation of a rooftop solar plant:

  1. Electrical Components:
    • Inspect all electrical components, including panels, inverters, junction boxes, and wiring, for signs of damage, corrosion, or loose connections.
    • Verify that all electrical connections are properly secured and insulated to prevent electrical hazards.
    • Check for proper grounding and bonding of electrical equipment to minimize the risk of electric shocks and fires.
  2. Mounting System and Structural Integrity:
    • Assess the integrity of the mounting system and ensure that solar panels are securely anchored to the roof structure.
    • Inspect the roof surface for any signs of penetration, damage, or deterioration that may compromise the structural integrity of the installation.
    • Verify that the mounting system is designed and installed in accordance with engineering specifications and building codes.
  3. Waterproofing and Roof Penetrations:
    • Check for proper waterproofing and sealing around roof penetrations, including mounting brackets, conduits, and wiring entry points.
    • Ensure that flashing and sealants are applied correctly to prevent water infiltration and potential roof leaks.
  4. Safety Labels and Signage:
    • Verify that all necessary safety labels, warning signs, and instructional signage are installed and clearly visible, indicating electrical hazards, emergency shutdown procedures, and other safety precautions.
    • Ensure that appropriate cautionary labels are affixed to electrical enclosures, disconnect switches, and other accessible components.
  5. Fire Safety Measures:
    • Inspect fire-resistant materials and fire barriers installed around rooftop solar equipment to prevent the spread of fire in the event of an electrical fault or malfunction.
    • Check that smoke detectors, fire extinguishers, and other fire safety equipment are in place and operational as per local regulations.
  6. Monitoring and Control Systems:
    • Test the functionality of monitoring and control systems to ensure proper communication between solar panels, inverters, and monitoring devices.
    • Verify that data logging and reporting mechanisms are operational and providing accurate information on system performance, energy production, and potential issues.
  7. Grounding and Bonding:
    • Confirm that all metal components, including racking systems, conduits, and enclosures, are properly bonded and grounded to mitigate the risk of electrical shock and lightning damage.
    • Perform periodic resistance testing to ensure that grounding systems meet regulatory requirements and provide effective protection against electrical faults.
  8. Documentation and Compliance:
    • Review documentation, including installation manuals, electrical diagrams, warranties, and inspection reports, to ensure compliance with manufacturer specifications and industry standards.
    • Keep detailed records of installation, maintenance activities, and any modifications made to the rooftop solar system for future reference and regulatory compliance.

By conducting comprehensive checks and inspections after the installation of a rooftop solar plant, stakeholders can identify and address potential safety issues, ensure regulatory compliance, and maximize the performance and longevity of the solar installation. Regular maintenance and periodic inspections are essential to maintaining a safe and reliable rooftop solar system.

What are the primary safety concerns regarding rooftop solar plant during lifetime?

Rooftop solar installations offer numerous benefits, including clean energy generation and cost savings. However, ensuring safety throughout the lifetime of these installations is crucial. Here are some primary safety concerns associated with rooftop solar plants:

  • Electrical Hazards: Rooftop solar systems involve electrical components such as panels, inverters, and wiring. Improper installation, faulty wiring, or damaged components can pose electrocution hazards to workers and maintenance personnel.

  • Fire Risks: Electrical malfunctions, system failures, or overheating components can increase the risk of fire in rooftop solar installations. This risk is particularly significant if proper fire safety measures, such as fire-resistant materials and adequate clearance around panels, are not implemented.

  • Structural Integrity: Rooftop solar panels add additional weight and load to the building structure. If the roof is not properly engineered or if the installation is not carried out correctly, it may compromise the structural integrity of the building, leading to potential collapse or damage.

  • Slip and Fall Accidents: Rooftop solar installations require workers to access elevated areas, which increases the risk of slip and fall accidents. Factors such as inclement weather, slippery surfaces, and inadequate fall protection measures can further exacerbate this risk.

  • Maintenance Challenges: Regular maintenance is essential to ensure the optimal performance and safety of rooftop solar systems. Accessing rooftop installations for cleaning, inspection, and repairs can be challenging and may require specialized equipment and trained personnel.

  • Accessibility and Rescue: In the event of an emergency or accident involving rooftop solar installations, access to the site and timely rescue of individuals may be hindered by factors such as height, limited access points, and the presence of electrical hazards.

  • Weather and Environmental Factors: Rooftop solar installations are exposed to various environmental factors such as extreme temperatures, high winds, hailstorms, and heavy rainfall. These conditions can impact the performance and durability of solar panels and associated equipment, as well as pose safety risks to workers during installation and maintenance activities.

To address these safety concerns, it is essential to adhere to industry standards, regulations, and best practices for rooftop solar installations. This includes conducting thorough risk assessments, implementing proper safety protocols and procedures, providing adequate training to personnel, and ensuring regular inspections and maintenance checks throughout the lifetime of the system. Additionally, engaging qualified and experienced professionals for the design, installation, and maintenance of rooftop solar plants can help mitigate safety risks and ensure the long-term reliability and performance of the installations.

Rooftop solar financing options available for business owners to reduce their electricity bills and eventually, stop paying for electricity.

Many financing options are available for business owners to fund installation of rooftop solar plant to run their business in a way that is friendly to the environment as well as pocket.

If you are a business owner and stand for sustainability, think of running your business on solar energy and pay less for electricity. Many banks are providing collateral free loan for installation of rooftop solar power plants to business establishments. These loans are provided at a reasonable interest rates of 9-10% for a minimum period of 5 years. 

Installation of rooftop solar plant of sufficient capacity is highly rewarding for your business, in return you will be paying about the same EMI as your monthly electricity bill. 

Once, you get that load off of your head, Voila!! NO MORE PAYING FOR ELECTRICITY.

Here is how: 

Lets say, Solarmeter.in is a medium-sized company located in Gwalior, Madhya Pradesh, India. The company operates a service providing facility with moderate electricity consumption, primarily powered by the grid.

Electricity Consumption Profile:

  • Average monthly electricity consumption: 5,000 kWh
  • Average monthly electricity bill: INR 40,000 (assuming an average tariff of INR 8 per kWh)

Rooftop Solar Installation Details:

  • Installed capacity: 10 kW
  • Rooftop space available: 1200 square ft (i.e. 30 x 40 ft building)
  • Solar panel efficiency: 18%
  • Solar radiation in Gwalior: Approximately 5.0 kWh/m²/day

Financials:

  • Total installation cost: INR 8,00,000 (after incentives, subsidies, and tax benefits)
  • Financing: Solarmeter.in opts for a solar loan at an interest rate of 9.5% over a 5-year term, resulting in monthly installment payments.

Calculation of Solar Energy Generation:

  • Daily Solar Energy Generation:

    • Solar radiation (5.0 kWh/m²/day) x Rooftop area (120 m²) x Solar panel efficiency (18%) = 108 kWh/day
  • Monthly Solar Energy Generation:

    • Daily solar energy generation (108 kWh) x 30 days = 3,240 kWh/month

Offsetting Electricity Bill:

  • With the rooftop solar installation, Solarmeter.in can offset a portion of its electricity consumption from the grid.
  • Assuming the solar system generates 3,240 kWh per month, and the business consumes 5,000 kWh per month, the percentage of offset is calculated as:
    • Offset percentage = (Solar energy generation / Total electricity consumption) x 100
    • Offset percentage = (3,240 kWh / 5,000 kWh) x 100 = 64.8%

Calculation of Monthly Savings:

  • Monthly savings from solar energy generation:
    • Offset percentage x Monthly electricity bill
    • Monthly savings = 64.8% x INR 40,000 = INR 25,920/-

Calculation of Monthly Loan Installment:

  • Using standard amortization formulas, calculate the monthly loan installment based on the total loan amount, interest rate, and loan term.
  • Monthly installment for repayment of loan calculated using EMI calculator = 16,801/- p.m.

Net Savings:

  • Subtract the monthly loan installment from the monthly savings to determine the net savings realized by Solarmeter.in
  • Net Savings = 25,920 - 16,801 = 9,119/- 

Example Summary:

  • Solarmeter.in installs a 10 kW rooftop solar power plant, generating 3,240 kWh of electricity per month.
  • With a 64.8% offset, the company saves INR 9,119/- on its monthly electricity bill.
  • After deducting the monthly loan installment, solarmeter.in enjoys net savings while contributing to sustainability and energy independence.

 

If you are a business owner who wants to save money by installing solar plant, contact us for hassle-free and affordable financing with our partners. click here

(Note - above illustration is only indicative of the idea, actual figure may vary slightly) 

what are off-grid solar system? what is their use and who can get benefitted from installation?

Off-Grid Solar Systems: A Sustainable Solution for Energy Independence

Off-grid solar systems are standalone solar energy systems that operate independently of the electrical grid. These systems generate electricity from sunlight and store it in batteries for later use, allowing users to access reliable power even in remote or rural areas where grid connections are unavailable or unreliable. Here's how off-grid solar systems work and who can benefit from their installation:

How Off-Grid Solar Systems Work:

Off-grid solar systems comprise several key components working in tandem to capture, store, and utilize solar energy:

  • Solar Panels: Photovoltaic (PV) solar panels, typically installed on rooftops or ground-mounted structures, absorb sunlight and convert it into electricity through the photovoltaic effect.
  • Charge Controller: A charge controller regulates the flow of electricity from the solar panels to the battery bank, preventing overcharging and optimizing battery performance for long-term reliability.

  • Battery Bank: Energy generated by the solar panels is stored in a battery bank, usually composed of deep-cycle batteries such as lead-acid or lithium-ion batteries. These batteries store surplus energy for use during periods of low sunlight or at night.

  • Inverter: An inverter converts the direct current (DC) electricity stored in the batteries into alternating current (AC) electricity, which powers electrical appliances, devices, and equipment.

  • Load Management: Users can connect electrical loads directly to the off-grid solar system, powering lights, appliances, water pumps, telecommunications equipment, and other essential devices.

Applications and Beneficiaries of Off-Grid Solar Systems:

  • Remote Areas and Rural Communities:

    • Off-grid solar systems provide a reliable and sustainable source of electricity to remote areas and rural communities where grid connectivity is limited or nonexistent.
    • These systems empower individuals and communities to access clean energy, improving living standards, economic opportunities, and social development.
  • Emergency Preparedness and Disaster Relief:

    • Off-grid solar systems play a crucial role in emergency preparedness and disaster relief efforts, offering reliable backup power solutions during emergencies, natural disasters, and grid outages.
    • Emergency responders, relief organizations, and communities rely on off-grid solar systems to maintain essential services, communications, and critical infrastructure.
  • Off-Grid Residences and Cabins:

    • Off-grid homeowners, cabin owners, and remote dwellers embrace solar energy to power their properties independently, enjoying self-sufficiency and energy autonomy in off-grid locations.
    • These systems provide reliable electricity for lighting, heating, refrigeration, entertainment, and other household needs, enhancing comfort and quality of life.
  • Telecommunication Towers and Infrastructure:

    • Off-grid solar systems serve as primary or backup power sources for remote telecommunication towers, monitoring equipment, and infrastructure in isolated or challenging environments.
    • Telecommunication networks rely on solar energy to ensure connectivity, data transmission, and network reliability in off-grid locations.
  • Agricultural and Irrigation Applications:

    • Off-grid solar pumps and irrigation systems revolutionize agricultural practices by providing reliable water supply for crop irrigation, livestock watering, and farm operations.
    • Farmers and agricultural enterprises leverage solar energy to enhance productivity, crop yields, and water efficiency, contributing to food security and sustainable agriculture.
  • Recreational Vehicles (RVs) and Boats:

    • RV owners, boat enthusiasts, and outdoor adventurers integrate off-grid solar systems to power their mobile homes, recreational vehicles, and marine vessels during travel, camping, and leisure activities.
    • Off-grid solar solutions enable off-the-grid living, off-road exploration, and eco-friendly travel experiences while minimizing environmental impact.
  • Developing Countries and Humanitarian Aid:

    • Off-grid solar solutions hold immense promise for developing countries and humanitarian aid initiatives, addressing energy poverty, expanding energy access, and fostering socio-economic development.
    • Rural communities, schools, healthcare facilities, and off-grid populations benefit from solar electrification projects, empowering individuals, improving livelihoods, and advancing sustainable development goals.

Benefits of Off-Grid Solar Systems:

  1. Energy Independence: Off-grid solar systems offer energy independence and autonomy, enabling users to generate, store, and manage their electricity supply without reliance on the grid.
  2. Environmental Sustainability: Solar energy is clean, renewable, and environmentally sustainable, reducing carbon emissions, mitigating climate change, and preserving natural resources.
  3. Cost Savings: Off-grid solar systems deliver significant cost savings over time, reducing electricity bills, minimizing operational expenses, and providing a high return on investment (ROI).
  4. Reliability and Resilience: Off-grid solar systems provide reliable and resilient power solutions, ensuring continuous energy access, even in remote or off-grid environments, during emergencies or grid disruptions.
  5. Scalability and Flexibility: Off-grid solar systems are scalable and adaptable to various energy needs, from small residential installations to large-scale commercial projects, offering flexibility and customization options.
  6. Community Empowerment: Off-grid solar initiatives empower communities, entrepreneurs, and stakeholders to participate in energy transition, innovation, and sustainable development, fostering social inclusion and empowerment.

In conclusion, off-grid solar systems represent a transformative and empowering solution to address energy challenges, expand energy access, and promote sustainable development worldwide. As technology advances, costs decline, and awareness grows, off-grid solar solutions will continue to play a pivotal role in shaping a more equitable, resilient, and sustainable energy future for all.

How installing rooftop solar plant is beneficial for any commercial/ business establishment.

Installing a rooftop solar plant offers numerous benefits for commercial and business establishments:

  1. Cost Savings:
    Reduced Electricity Bills: Solar energy generated from rooftop panels offsets electricity consumption from the grid, leading to lower monthly utility bills.
    Fixed Energy Costs: By investing in solar, businesses can hedge against future energy price increases, providing more predictable long-term operational costs.

2. Return on Investment (ROI):
Financial Incentives: Many governments offer financial incentives, such as tax credits, rebates, and accelerated depreciation, to encourage solar adoption, enhancing the ROI for businesses.
Long-Term Savings: Despite the initial investment, rooftop solar systems typically pay for themselves over time through energy savings and incentives.
3. Environmental Impact:
Green Image: Adopting renewable energy demonstrates a commitment to sustainability and environmental responsibility, enhancing the brand image and appealing to eco-conscious customers.
Reduced Carbon Footprint: Solar energy production reduces reliance on fossil fuels, mitigating greenhouse gas emissions and contributing to climate change mitigation efforts.
4. Energy Independence and Reliability:
Grid Independence: Solar power provides a reliable source of energy, reducing dependence on the grid and mitigating the impact of power outages or disruptions.
Energy Security: With solar, businesses can generate their electricity on-site, ensuring continuous operations even during grid failures or emergencies.
5. Long-Term Asset:
Increase Property Value: Rooftop solar installations can increase the value of commercial properties, offering potential resale or lease advantages.
Longevity: Solar panels have a long lifespan (typically 25 years or more) and require minimal maintenance, providing a reliable and durable energy solution.
6. Regulatory Compliance:
Meeting Sustainability Goals: Installing solar aligns with corporate sustainability initiatives and regulatory requirements, ensuring compliance with environmental standards and mandates.
Future-Proofing: Anticipating stricter environmental regulations, businesses that invest in solar today position themselves for future compliance and market competitiveness.
7. Economic Development and Job Creation:
Local Economic Benefits: Solar installations contribute to job creation and economic growth in the renewable energy sector, fostering local employment opportunities and supporting the green economy.
In summary, installing a rooftop solar plant offers a myriad of benefits for commercial and business establishments, including cost savings, environmental stewardship, energy independence, and long-term asset value. As solar technology continues to advance and become more affordable, businesses can capitalize on these advantages to drive sustainability, resilience, and financial prosperity.

What is PM – Surya Ghar: Muft Bijli Yojana? What are the benefits, subsidy structure and how you can avail it.

PM – Surya Ghar: Muft Bijli Yojana

PM Surya Ghar: Muft Bijli Yojana is a government scheme that aims to provide free electricity to households in India. The scheme was launched by Prime Minister Narendra Modi on February 15, 2024. Under the scheme, households will be provided with a subsidy to install solar panels on their roofs. The subsidy will cover up to 40% of the cost of the solar panels. The scheme is expected to benefit 1 crore households across India. It is estimated that the scheme will save the government Rs. 75,000 crore per year in electricity costs.

The benefits of the scheme include:
  1. Free electricity for households.
  2. Reduced electricity costs for the government.
  3. Increased use of renewable energy.
  4. Reduced carbon emissions.

What is the subsidy structure for residential households? 

Suitable Rooftop Solar Plant Capacity for households   

Average Monthly Electricity Consumption (units) Suitable Rooftop Solar Plant CapacitySubsidy Support
0-1501 – 2 kW Rs 30,000 to Rs 60,000/-
150-3002 – 3 kWRs 60,000 to Rs 78,000/-
>300 Above 3 kW Rs 78,000/-

How can i avail subsidy? 

Online Applications may be submitted on the National Portal at https://pmsuryaghar.gov.in

Register in the portal with the following stepwise procedure

Step 1

  • Select your State & Electricity Distribution Company
  • Enter your Electricity Consumer Number, Mobile Number & Email

Step 2

  • Login with Consumer Number & Mobile Number
  • Apply for the Rooftop Solar as per the form

Step 3

  • Once you get the feasibility approval, get the plant installed by any of the registered vendors in your DISCOM

Step 4

  • Once installation is completed , submit the plant details and apply for net meter

Step 5

  • Commissioning certificate will be generated from the portal, after installation of net meter and inspection by DISCOM

Step 6

  • Once you get the commissioning report. Submit the bank account details and a cancelled cheque through the portal. You will receive your subsidy in your bank account within 30 days.

Eligibility

    1. The household must be an Indian citizen.
    2. The household must own a house with a roof that is suitable for installing solar panels.
    3. The household must have a valid electricity connection.
    4. The household must not have availed any other subsidy for solar panels.

Documents required 

    1. Proof of identity.
    2. Proof of address.
    3. Electricity bill.
    4. Roof ownership certificate.

How financing your rooftop solar installation will pay for itself ?

Let's revisit Mr. Patel's scenario for financing his rooftop solar installation and how it can pay for itself over time:

Mr. Patel's Scenario:

  • Location: Gwalior, India
  • Solar Panel System Size: 5 kW
  • Installation Cost: INR 2,85,000 (including subsidy)
  • Annual Electricity Consumption: 10,000 kWh
  • Average Electricity Tariff Rate: INR 8 per kWh

Financing Options:

  • Upfront Payment:
    • Mr. Patel decides to pay the full installation cost of INR 2,85,000 upfront.
  • Loan Financing:

    • Mr. Patel opts for a solar loan with a fixed interest rate over a certain term (let's assume 5 years) to cover the installation cost.

Calculations:

1. Upfront Payment:

  • Mr. Patel pays INR 2,85,000 upfront for the solar panel installation.
  • Over the years, he saves on electricity bills due to solar energy generation.

2. Loan Financing:

  • Let's assume Mr. Patel secures a loan for the full installation cost of INR 2,85,000 at an interest rate of 8% per annum for 5 years.

Monthly Loan Payment:

  • Using a loan calculator, the monthly loan payment for a 5-year term at 8% interest rate is approximately INR 5,818.

Electricity Savings:

  • With a 5 kW solar panel system, Mr. Patel can generate approximately 9,125 kWh of electricity annually.

Annual Electricity Savings:

  • Mr. Patel's annual electricity bill savings can be calculated based on the electricity tariff rate of INR 8 per kWh and the annual solar energy generation.
  • Annual Electricity Savings = 9,125 kWh/year × INR 8/kWh = INR 73,000.

Analysis:

1. Upfront Payment:

  • Mr. Patel pays INR 2,85,000 upfront for the solar installation.
  • Over the years, he enjoys electricity bill savings of INR 73,000 annually.
  • Therefore, Mr. Patel's rooftop solar installation will pay for itself in approximately 3.9 years (2,85,000 / 73,000).

2. Loan Financing:

  • Mr. Patel makes monthly loan payments of INR 5,818 for 5 years, totaling INR 3,49,080 over the loan term.
  • Additionally, he saves INR 73,000 annually on electricity bills.
  • Despite the loan payments, Mr. Patel still experiences net savings on his electricity bills.
  • Mr. Patel's rooftop solar installation will pay for itself during the loan term, and he continues to benefit from electricity bill savings beyond that.

Conclusion:

  • Financing a rooftop solar installation can pay for itself over time through electricity bill savings.
  • Whether paying upfront or through loan financing, Mr. Patel benefits from reduced electricity expenses and eventually achieves a return on his investment.
  • Investing in solar energy not only contributes to sustainability but also offers financial benefits in the long run.