As we step into a new era of renewable energy, solar power seems no longer a mere buzzword; it has emerged as a beacon of hope, with all the conventional fuels coming to exhaustion. And India, with its ambitious renewable energy targets and proactive policies, is emerging as a global leader in the global solar revolution.
This blog explores the exciting journey of the rooftop solar companies so far, with a surge in the latest trends shaping the energy landscape of India. What triggered the influx of solar solutions as reliable power sources? What modifications are driving growth in this sphere? And what does the future hold for this rapidly evolving industry?
Read on to find out.
The Dawn of Rooftop Solar: How it All Began
The Indian landmass, with its vast terrain and burgeoning population, was facing an energy crisis in the early 1970s as a climate-food-energy emergency was realised. Scientists and environmentalists sounded the alarm, emphasising the need for a paradigm shift.
Clearly, the country’s reliance on perishable energy sources, such as coal and petroleum, was unsustainable. The practice of solar power generation emerged, offering a cleaner, more sustainable alternative that could harness India’s abundant solar resources to power homes, businesses, and industries.
The Growth Phase: Challenges & Innovations in Solar Solutions
As the solar sector continued its upward trajectory in India, one of the significant hurdles came from the high upfront costs of solar panels. However, solar module prices dropped by 70% between 2010 & 2017, making solar energy more competitive with fossil fuels.
This decline sparked a wave of innovation, with rooftop solar companies developing new technologies and business models. Financing schemes and pay-as-you-go models helped democratise access to solar energy, enabling more Indians to harness the sun’s power.
Shaping Modern Homes, Powering Communities
As rooftop solar companies gained impetus in India, they transformed the urban landscape through the subcontinent and redefined how people live and work. Once reliant on traditional energy sources, residential complexes began to adopt solar power driven by the promise of reduced energy bills, increased property values, and a cleaner environment.
From sprawling gated communities in Bengaluru and Gurugram to high-rise apartments in Mumbai and Delhi, solar energy has become the go-to choice for homeowners and builders alike. The numbers were staggering: according to a Ministry of New and Renewable Energy report, India’s rooftop solar capacity grew from 100 MW in 2014 to 2,000 MW in 2020.
Powering into the Future: The Road Ahead for Rooftop Solar Companies
Bifacial solar panels, which can harness energy from both the front and back sides, are expected to increase efficiency and reduce costs. Energy storage systems, such as batteries and supercapacitors, will enable households and businesses to store excess energy generated during the day during power outages or at night.
Smart inverters and grid management systems will optimise energy distribution and consumption, while artificial intelligence (AI) and machine learning (ML) will enhance predictive maintenance and performance monitoring.
Building-integrated photovoltaics (BIPV) and solar windows are also emerging as innovative solutions to integrate solar energy into building design.
Nimbus Solar Solutions: The Evolution of Rooftop Solar 2.0
As we look to the future, Nimbus is poised to lead the charge in the next rooftop solar generation. With a legacy of innovation and a commitment to sustainability, we’re excited to see what’s on the horizon for Solar 2.0. The future of energy is bright, and we endeavour to shine a light on the way forward for rooftop solar companies.
