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 a 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 state government of Maharashtra offers […]
On-grid solar, also known as grid-tied solar or grid-connected solar, refers to a solar power system that is connected to the local electrical grid. It allows the solar system to generate electricity and supply it directly to the home or business while also being able to draw electricity from the grid when needed. Here’s how an on-grid solar system typically works: The benefits of on-grid solar systems include: It’s important to note that on-grid solar […]
Solar panels offer several advantages, which contribute to their growing popularity as a renewable energy source. Here are some key advantages of solar panels: It’s important to consider factors such as geographical location, available sunlight, upfront costs, and local regulations when evaluating the viability and advantages of solar panels for specific situations.