Solar Businesses Worth in Rajasthan State

There are various reasons to invest in solar power in India. According to the most recent global survey, India is the world’s fifth-largest producer of solar energy. Rajasthan is an ideal location for Solar energy, due to its massive unused land and the constant sunlight. Uninterrupted sunlight amounts to the most amount of energy generation. Rajasthan is also India’s third-largest producer of solar energy. The opportunities for solar energy-related projects and businesses are immense in Rajasthan.

Location & Climate:

Rajasthan is India’s largest state and includes the Great Indian Desert. It is located in the northwestern section of the country. The state has the fewest cloudy days, making it perfect for solar power generation. There are many broad and open regions with plenty of sunlight. When the sun shines, the state is sparsely inhabited in comparison to the rest of the country. Solar power producing systems and plants in less inhabited areas would be very profitable, allowing clean energy to reach the isolated communities, who do not have access to electricity.

Rajasthan’s natural climate has always been suitable for renewable energy generation, and policies have aided in providing the necessary support to assist the sector expands. The regulations also provide many concessions for renewable energy projects, in addition to infrastructure support for the burgeoning sector. The Rajasthan Investment Promotion Scheme 2019 and other measures contributed to the creation of an investment-friendly environment. Under the RIPS 2019, the state government has designated renewable energy as a priority sector.

Solar Energy can put Underutilized land to use:

Rajasthan has a large number of open spaces that can be used to generate solar energy. Due to the desert and the intense heat, some land has become barren. The area cannot be used for farming, but it can be used to generate solar power. The state’s rural and tribal populations used to be largely nomadic, but currently, several towns lack electricity due to their location in distant areas of the state.

Major Investment Proposals Presently Under Consideration of the State Government:

Adani Group’s proposed investments of Rs 46,000 crore in Solar and Hybrid Projects with a capacity of 9,700 MW, and Greenko Group’s proposed investment of Rs 30,000 crore in a Wind-Solar Hybrid Power Project with a capacity of 4,500 MW are among the major private sector investors recommended by the State Empowered Committee for consideration by the Board of Investment. JSW proposed Rs 48,500 crore in solar projects with a capacity of 10,000 MW, whereas Renew Power proposed 10,000 MW solar projects with an estimated expenditure of Rs 30,000 crore. The National Thermal Power Corporation has been growing its renewable energy base in Rajasthan, alongside commercial companies.

Renewable Energy Capacity & Addition:

Rajasthan has a total of 10,010 MW of renewable energy capacity installed. Solar power takes the lead with 5552 MW, followed by wind at 4338 MW and biomass-based plants at 120 MW. In the state, there are roughly 3373 MW of capacity projects under construction, with 722 MW coming from decentralized solar projects and 2550 MW from big solar power parks.

Rajasthan’s New Solar policy:

RRECL, as the state government agency in charge of promoting renewable energy, has worked tirelessly to make power generation projects easier to build and to evacuate the generated electricity. For the first seven years, the RIPS 2019 grants renewable energy projects a 100 percent stamp duty and land tax exemption. There is a 90 percent SGST subsidy for solar, wind, and hybrid energy equipment production, as well as a 50 percent employment subsidy suggested under the investment promotion scheme, among other perks. In addition to the thrust sector benefits granted in RIPS 2019, megaprojects are able to apply for a customized package.

SolarEdge Installation in Different Industries in Rajasthan By Ornate Solar

Installation Location Category Solar Plant Capacity City
Susheel yarn be Pvt LTD yarn Industry 661.8 Bhilwara
Susheel yarn be Pvt LTD yarn Industry 165 Bhilwara
Jeevan Rekha Superspeciality Hospital Hospital 82.8 Jaipur
Dev Preet Minerals Stone Industry 82.8 Rajsamand
Yaksh the art people Art Gallery 55 Jaipur
Lemon Tree Hotel Hotel 55 Udaipur

How Can We Help?

Hope this information about “How Much Potential Does Rajasthan has For Solar Businesses & Why?” helps you.

If you are planning to start a solar business or install a solar solution, you can connect with Ornate Solar to get the best assistance with the best prices for solar panels and inverters. We are the official partner of Canadian Solar panels & Renewsys solar panels in India. We are also the official distributor of SolarEdge inverters with DC optimizers, Enphase microinverters, Fronius On-Grid Inverters, and Havells solar inverters in India.

For more information, please give us a call at 011 4353 6666.

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About The Author

Kamini Gupta is the Content Developer at Ornate Solar. She is a solar enthusiast and has worked with several well-known solar brands and experts in India. She is also a poet and a storyteller and has performed in many open mics events.

kamini ornate

About The Author

Kamini Gupta is the Content Developer at Ornate Solar. She is a solar enthusiast and has worked with several well-known solar brands and experts in India. She is also a poet and a storyteller and has performed in many open mics events.