What Is Driving The Historic Growth In India's Rooftop Solar Power Sector? & others 66

Oorjan Solar Is Now In Lucknow

Oorjan Cleantech Private Limited, a technology-enabled premium solar solution provider, has announced the expansion of its services to Lucknow.

It has enabled the installation of 150 MWp of solar projects and has catered to more than 3000 customers across 18+ states.

The company offers state-of-the art solar systems for both residential and commercial properties, designed to provide elegant and high-quality structures that enhance the beauty of any property.

The Uttar Pradesh government has set an ambitious target of achieving 22,000 MWp of solar power by 2026-27.

In this regard, Oorjan's entry into Lucknow is a significant step towards achieving this target.

The installation of a solar plant is no longer a cumbersome process, and Oorjan's expertise in the field makes the process super convenient and efficient.

Gautam Das Founder, and CEO of #Oorjan Cleantech, said, "Oorjan has been expanding its business operations across India, and Lucknow is our latest addition to the list of cities we serve. We are committed to offering green energy solutions, including financing and reliable products, to residential, commercial, and industrial consumers in Lucknow and beyond."

What Is Driving The Historic Growth In India's Rooftop Solar Power Sector?

After many years of lull, India's sleepy rooftop solar power sector has sprung into action with more than 1,000 megawatts of rooftop solar capacity added in the past six months alone, according to the renewable energy ministry data.

Component A provides subsidies to the residential sector for 4 GW of capacity, and component B provides incentives to discoms for an initial capacity of 18 GW. Subsidies for the residential sector have been restructured with an availability of 40 percent CFA for up to 3 kW capacity and 20 percent for capacity beyond 3 kW and up to 10 kW. Why the mega acceleration? According to Gaurav Keswani, associate vice-president, HomeScape - the residential rooftop solar arm of Amplus Solar - the pace of rooftop solar installations in India's residential segment is being accelerated by factors such as rising demand for cost savings and heightened awareness among residential consumers about the benefits of solar power.

Component A provides subsidies to the residential sector for 4 GW capacity, and component B provides incentives to discoms for an initial capacity of 18 GW. Subsidies for the residential sector have been restructured with an availability of 40 per cent CFA for up to 3 kW capacity and 20 per cent for capacity beyond 3 kW and up to 10 kW. Why the mega acceleration?According to Gaurav Keswani , associate vice-president, #HomeScape the residential rooftop solar arm of Amplus Solar the pace of rooftop solar installations in India's residential segment is being accelerated by factors such as rising demand for cost savings and heightened awareness among residential consumers about the benefits of solar power.

Indian Enterprise Sustainability: The Journey Towards Net Zero Emissions

While the country has made significant progress towards meeting its emissions reduction targets under the Paris Agreement, total greenhouse gas emissions are projected to increase by over 40% by 2030 with current policies.

To achieve net zero emissions by 2070, it is crucial for Indian corporations to understand their role in the sustainability journey.

Corporates should conduct a comprehensive assessment of their carbon footprint by identifying all sources of greenhouse gas emissions across the entire value chain, including Scope 3 emissions.

Based on the carbon footprint assessment, they should set ambitious targets for reducing greenhouse gas emissions.

An enterprise must implement measures to reduce emissions and involve employees, suppliers, and other stakeholders.

Indian corporations can play a vital role in achieving India's net-zero carbon emissions goal.

Develop a sustainability strategy that aligns with the organization's overall mission and goals, conduct a comprehensive assessment of the organization's carbon footprint, and set ambitious targets for reducing greenhouse gas emissions.