Tuesday, 02 January 2024 12:17 GMT

Rooftop Solar Offers Major Savings For Indian Smes: Study


(MENAFN- KNN India) New Delhi, Sep 3 (KNN) A new study by the World Resources Institute (WRI) India reveals that rooftop solar (RTS) systems could dramatically lower electricity expenses for around 330,000 small and medium enterprises (SMEs) across India.

These businesses-often juggling limited capital and rising operational costs-stand to benefit significantly by adopting solar solutions.

The study highlights two key advantages of RTS adoption: cost-efficiency and alignment with sustainability goals.

By generating electricity onsite, SMEs can reduce reliance on traditional grid power while supporting India's transition toward renewable energy.

This finding comes amid India's broader push for renewable energy, as policy incentives and financing mechanisms increasingly encourage green energy adoption.

While the article doesn't provide detailed metrics on average savings per SME, the potential collective impact is substantial, both financially and environmentally.

(KNN Bureau)

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