Solar power generation system has NIL CO2 emissions and hence contributes in big way to reduce Green-house gas emissions and overall carbon foot-print. Today, India is the 3rd largest contributor to Green-house gas emissions in the world behind USA and China.

India has amongst the highest available solar radiation in the world. On an average India has approximately 300 days in the year with Full sun-shine. The average solar radiation in India per Day is equivalent to approximately 5 kWh per sq. meter of area every-day. This much energy is sufficient to cater to complete energy requirement of India every-day.

Solar energy provides opportunity to owners of residences, commercial building and Industries to become independent power producers by installing Solar PV systems on their roofs. The power generated can be used for Captive usage and the surplus power can be fed back into the Power Grid. This reduces dependence on Fossil fuels, conventional sources of power and power grid infrastructure.

Operating and maintenance costs are very low for Solar plants compared to Thermal or other fossil-fuel based power plants. The major cost of operating and maintaining Solar PV systems is to clean the Solar PV modules with clean water to reduce soiling losses.

Solar PV power generation stations rely of sun-light and produce power in proportion to the available solar radiation. Hence, unlike conventional power plants, the power generation from Solar PV systems can begin as soon as installation and commissioning activities are completed.

Based on the current market scenario, overall installed cost of generation of solar power is less than 2 INR per Unit. This make solar power cheaper to generate and use compared to any other conventional source of power in India.

Typical life-cycle of Solar PV plant is greater than 20 years. Solar PV modules are designed to last for 25 years life without any damage or need for replacement.

ROI of Solar PV plants over a life of 20 years is greater than 20% based on today’s market scenario. This makes investment is Solar PV power plant a very attractive proposition for anybody looking to invest in Solar.

Net metering policy promoted by Government of India (GoI) is very beneficial to customers in Industries, Residences and Commercial building to use Solar power during day-time and use conventional power from the Grid during night-time without any additional burden, thereby reducing overall energy cost and increasing adoption of Solar power.

Accelerated Depreciation (AD) scheme promoted by Government of India (GoI) allows customers investing in Solar PV plants to take higher depreciation rates i.e. 40% (as per 2017-18 Budget) as an incentive. Such a policy allows customers to reduce tax liability proportionately every year and thus provides a healthy Return on Investment (ROI) of greater than 20% and very attractive pay-back period on capital investment of less than 4 years.