Rooftop Solar Power Is Boosting Small Business Production in India

In India, small businesses are using solar energy to reduce their production costs. Indian Prime Minister Narendra Modi’s government is hoping they can persuade others and generate 100 gigawatts of solar installations by 2022.

The current predictions have 40 gigawatts coming from rooftop installations, so small businesses who suffer from high power tariffs can still contribute to India’s US$2 trillion economy without turning to polluting alternatives.

“Solar power costs us just a third of grid power and has also reduced our diesel backup cost,” says Rakshith Kunder, the owner of a small fish-meal and oil-products business. Currently, the price for solar power in India sits around 2.44 rupees a kilowatt-hour, which is among the lowest in the world. The World Bank plans to contribute US$625 million to support rooftop programs.

“These companies were constrained by their understanding of technology and the ability to arrange upfront capital, but now both these issues are being addressed,” Shantanu Jaiswal, the New Delhi-based research head for BNEF India says. “Small businesses are getting comfortable with the idea that solar is cheaper than the grid.”[1]

 

[1] http://www.taipeitimes.com/News/biz/archives/2018/03/07/2003688805

Follow us on social media for the latest updates in B2B!

Image

Latest

Class 8 trucks
Driving the Future at ACT Expo: Windrose Showcases Its Purpose-Built Electric Class 8 Trucks
July 1, 2025

At the ACT Expo, Hammer Down host Mike Bush dives deeper into the future of freight with a hands-on look at Windrose Technology’s electric Class 8 trucks. Joined by Joseph Jaramillo, Driver Supervisor at Talon Logistics, Mike takes a test drive to experience the smooth ride, dual digital displays, and unique features—like advanced regen modes and a…

Read More
ball valve
Zero-Friction Flow: Trillium Launches the Red Point® Non-Contact Rising Stem Ball Valve to Cut Downtime, Boost Safety, and Perform in Demanding Applications
June 30, 2025

Join host Michelle Dawn Mooney for this special episode of FlowCast by Trillium Flow Technologies, as she sits down with Fred Jansen, General Manager of Trillium’s Netherlands facility, and Pepijn Esman, Engineering Manager for Red Point, to unveil the non-contact Rising Stem Ball Valve (RSBV)—a breakthrough engineered for extreme-service applications across oil &…

Read More
student success
The AI-Powered Edge in Education: How LearningClues Is Enabling Student Success with Co-founder and CEO Dr. Perry Samson
June 30, 2025

As AI continues to reshape education, institutions face a growing challenge in ensuring students succeed without compromising engagement or integrity. Today’s college students are often juggling jobs, family, and coursework, leading to limited study time and increased dropout risk. According to the National Center for Education Statistics, 40% of full-time undergraduates and 74% of…

Read More
AI Strategist
Why Enterprises Need an AI Strategist and Why It Should Be a Marketer
June 30, 2025

In this episode of The Marketing AI SparkCast, Aby Varma, founder of Spark Novus, a leading consultancy that partners with marketing leaders to adopt and scale AI responsibly and strategically, talks with Nicola Smith, Senior AI Programs Advisor at Southwest Airlines. They explore how enterprises can move beyond tool experimentation to embed AI into…

Read More