Kerala’s solar energy requirements for the next five years are estimated to be around 10 GW. This is based on the state’s current electricity consumption and the government’s plans to increase renewable energy generation. The state government has set a target of generating 20% of its electricity from renewable sources by 2025. Solar power is expected to play a major role in achieving this target. The state has already installed considerable amount of solar power capacity. As of March 2023, Kerala […]

Return on investment (ROI) refers to the financial benefits gained from an investment relative to its cost. When it comes to on-grid solar systems for domestic consumers in Kerala, several factors contribute to ROI. Let’s explore them. Cost of the solar system: The initial cost of installing an on-grid solar system includes solar panels, inverters, mounting structures, wiring, and installation charges. The total cost will vary depending on the size of the system and the […]

The Ministry of New and Renewable Energy (MNRE) in India offers a number of subsidies for solar power projects. The amount of subsidy available depends on the project size, location, and other factors. For rooftop solar projects, the MNRE offers central financial assistance (CFA) of 30% of the benchmark cost or the tender cost, whichever is lower. The state government may also offer an additional subsidy. For example, the government of Maharashtra offers a subsidy […]