Solar Power Plant

  Renewable energy usage has been gaining quite some momentum in recent times. In India, renewable energy has been getting a push by the government through aid and other incentives. By 2022, India intends to get 100 GW of power through solar energy. 40 GW power of 100 GW is going to come through rooftop solar energy. To achieve this aim, the  RESCO  model in India can be beneficial.      Wondering what the  RESCO model  is?   RESCO   is short for a renewable energy service company. The  RESCO model  is a zero investment model to harness solar energy. According to this model, the solar power plant is owned by developers, and the consumer pays only for electricity generated by a pre-decided monthly tariff. In this article, we will throw a brief light on the benefits of having a  RESCO model  in India.     No capital investment:   In terms of capital requirements,  RESCO models  are less exhaustive. ...

  The renewable energy sector in India is booming. Indians are becoming increasingly aware of the side effects of greenhouse gases and the impact of our carbon footprint on global warming. Several are taking small steps to go green and are encouraging others around as well to save the earth. Realizing the gravity of the situation, the government also has announced several initiatives to push the renewable energy sector. Amongst others, solar power energy is the most popular and widely used form of clean energy.      To generate solar energy, one has to install solar panels and invest  a substantial amount of money . As a result of this, the number of people who set up solar power plants is limited. However, with  net metering , even those who do not have a solar power plant can use solar power and the ones who have can earn extra income. Some of you may have already heard about  net metering , but we’re are going to simplify  solar net metering ...