Even now, when sustainable practices have become the norm, the Indian energy sector still depends largely on non-renewable resources to generate power. To put it into numbers, at least 75% of the energy produced comes from fossil fuels. However, the situation is going to change in the next few years, with the rising awareness of renewable energy sources, and most importantly, the growing adoption of solar products in India.
Naturally, the question arises, how will this shift affect the energy sector and energy demand? To answer that, let’s dive deep into India’s current energy demand.
India’s Energy Demand
The Indian industrial and residential sectors are the greatest consumers of electricity. Plus, the demand is projected to go by 11% by 2040. Suffice to say, with the current supply of fossil fuels, the jump in demand can’t be met with non-renewable resources alone. Even if there was enough supply, the negative repercussions of burning fossil fuels can’t be ignored.
Fortunately, the Government of India has taken proactive steps to battle this problem. For instance, the government aimed at generating 175GW (gigawatts) of power by 2020, the majority portion of which was to be generated via solar energy. 100GW, to be precise.
Many companies have answered the call to meet this demand, with Genus Innovation being at the forefront. We have devised a whole range of products, from leading-edge solar solutions to the best inverter battery.
Benefits of Residential Solar Energy
With homes across India equipped to harness solar energy, it will be a massive load off the shoulders of the energy industry. Other than that, since the sun shines across the globe, all countries around the world can go energy independent, without having to worry about supply and demand. But solar energy doesn’t only benefit the energy industry, but the consumers as well.
Here are some of its most salient benefits:
Compared to fossil fuel-generated power, harnessing solar energy can be way more cost-effective. Why? Because you only have to pay for the solar products in India. Once the system is set up, you can enjoy lifelong electricity without paying the regular rates. Even if you find the initial investment to be high, you can easily make the money back in a few years will all the savings you get.
Solar panels come with a massive warranty period, easily running into 20-25 years. If maintained properly, a panel can even last longer than that. Moreover, the only upkeep these panels require is frequent cleaning and not any full-fledged maintenance job. So, you don’t even have to shell out money in that regard as well.
Reduces Carbon Footprint
Solar energy is clean energy. Therefore, the greatest advantage of using it is that you don’t contribute to growing the carbon footprint. On the contrary, it helps reduce it, making the environment cleaner and greener.
Get the Best Solar Products in India with Genus Innovation
Solar energy is undoubtedly the next step in providing clean, green energy for the masses. When it finally becomes the norm, the energy sector will have a huge production burden off their shoulders. Not to mention, it will also significantly cut down fossil fuel consumption, leading to reduced emissions, and a cleaner environment.
Most importantly, it’s a sustainable resource, meaning we won’t have to worry about running out on essential resources. At least not for the next 8 billion years.
Get on the solar energy bandwagon today with Genus Innovation. Be it solar panels, solar charge controllers, or the best inverter battery, we’ve got everything for you! Get in touch with us today to know more about our products.