Challenges and Growth Opportunities in India's Solar Energy Technology Market
As the world’s third-largest energy consumer, India plays a pivotal role in the global energy transition towards sustainability. With the increasing urgency to combat climate change and address resource shortages, India must accelerate its shift away from fossil fuels to cleaner energy solutions. Solar energy technology, one of the most promising renewable resources, is central to India’s efforts to reduce carbon emissions and close the energy supply gap, particularly in remote and underserved regions. In this article, we explore the main challenges hindering the widespread adoption of solar energy technology, the significant opportunities that lie ahead—including innovations like floating solar panels power plants—and how India can lead the global sustainable energy revolution. Challenges in Solar Energy Technology While solar energy presents enormous potential for a sustainable future, several obstacles limit its widespread deployment. These challenges include: Research and Developm...