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    Solar Energy: A Worth Investment

    articles / May 3, 2018

    There are numerous reasons to invest in solar energy. To begin with, the data shows that solar is now one of the most demanding and rapidly increasing industries in the world.

    Solar power now contributes to 10.3 percent of India’s power generation capacity, surpassing wind-based energy generation for its first time in 2021.

    It is pollution-free, environmentally beneficial, and has no harmful effects on the environment.

    𝟏. 𝐒𝐚𝐯𝐞 𝐨𝐧 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜𝐢𝐭𝐲

    By investing in solar energy, you can maintain your electricity bill while also avoiding unexpected expenditures. Instead of relying on a gas supplier, solar panels could help you save up to 50% on your monthly power bill.

    𝟐. 𝐀 𝐒𝐭𝐞𝐚𝐝𝐲 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐑𝐞𝐭𝐮𝐫𝐧

    Solar is a low-risk investment that provides long-term profits to investors through power purchase agreements, even in times of inflation or recession. According to the study, solar investments have the potential to generate sales financial returns of between 6.6 percent and 10.1 percent over the next 35 years.

    𝟑. 𝐆𝐥𝐨𝐛𝐚𝐥 𝐄𝐧𝐞𝐫𝐠𝐲 𝐃𝐞𝐦𝐚𝐧𝐝

    Apart from gas, solar energy will overtake all other kinds of energy by 2040. It is quickly becoming the world’s leading source of power.

    𝟒. 𝐋𝐨𝐧𝐠 𝐑𝐮𝐧 𝐂𝐨𝐬𝐭 𝐒𝐚𝐯𝐢𝐧𝐠𝐬

    According to current research and studies, investing in solar would be beneficial in the long run, even if not immediately. It is initially quite costly, but it will undoubtedly reduce our energy costs in the future. It’s a one-time investment with 20 to 30 years of cost savings.

    PV renewables is a partnership firm, focusing on solar energy generation and reducing the carbon footprint by providing our clients and customers with fast and affordable solutions.