A REVIEW ON INDIA’S POTENTIAL OF SOLAR ENERGY

Abstract

In few last decades Indian government has taken several steps to reduce the use of fossil fuels-based energy while promoting renewable generation. Solar energy constitutes the most abundant renewable energy resource available on earth. Solar energy, being a clean renewable energy resource, can be used for industrial as well as domestic purposes with added advantage of low maintenance cost. With the recent developments in technology solar energy harnessing equipments are easily available in the market. Most of the developed countries are switching over to solar energy as one of their primary renewable energy source. One of the major steps taken by the Government of India and State Governments in order to meet the growing needs of energy in India is National Solar Mission. The objective of this Mission is to establish India as global leader in solar energy, by creating the policy conditions for its diffusion across the country as soon as possible. The Mission is a major initiative to promote ecologically sustainable growth while addressing India’s energy security challenge. This Mission also contributes to the global effort to meet the challenges of climate change. The objective of present study is concentrate on role, situation and developing solar energy in India to recognize the Investment and Potential Opportunities in social and economic field for achievements of sustainable energy.