India experiences clear, sunny weather for 250-300 days a year. So, the potential is massive. A Council on Energy, Environment and Water (CEEW) study showed that households can technically deploy more than 640 GW of RTS. About 7-8 lakh households have installed RTS, about 4 GW of solar capacity. PM's announcement will give the necessary push to the sector. A higher uptake of RTS can help individuals cut their energy bills and meet personal clean-energy goals, states save on electricity subsidies, improve discoms' financial health and pave the way for greater uptake of RE, a must if the country wants to meet its decarbonisation goals.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.