Solar Business: Business opportunities in the solar sector are tremendously increasing across the country. Moreover, a solar panel or solar business is one of the most profitable businesses in today’s time. In fact, solar energy business profitability is at the top position at present and it will stay there in future also. The central and state governments are also supporting the solar business continuously.
Consequently, different entrepreneurs have realized the need of the moment and are starting their solar energy business ventures.
In such a situation, if you want to do some kind of business, then you can start your work by joining this sector. It is not necessary that you can do the business of selling electricity by installing solar plants. There are many more businesses related to solar sector. Moreover, you can start many businesses related to the solar sector which promises a very good profit in return.
Earn up to 1 lakh rupees this way
The entire focus of the central and state governments is on solar energy. This is the reason why the government is constantly encouraging people to set up solar plants. Some states have made solar plant mandatory in the industrial sector. You also have a big chance to start a business selling solar products. Among them, you can start the business of solar PV, solar thermal system, solar attic fan, solar cooling system.
The initial investment will be from 4 to 5 lakh rupees. The special thing is that to start a business related to solar energy, loans can be obtained from the SME branch of many banks including State Bank of India. According to an estimate, this business can earn from 30 thousand rupees to 1 lakh rupees a month.
Solar products business is profitable
You can also start the business of solar powered products. These days many such products are in demand. Indian and foreign companies are making solar mobile chargers, solar water heaters, solar pumps, solar lights. Some of these products such as water heaters, pumps are also subsidized by the Central and State Government. You can also start the business of these products. It will cost 1 to 2 lakh rupees to start this business. Loan facility is also available from banks.
Solar Maintenance and Cleansing Center
Under solar, you can also open a maintenance and cleaning centre. In this way, you can offer regular services to solar panel owners. Apart from this, you can repair solar products and inverters by starting a business of maintenance. It will cost about 50 thousand rupees to start this business.
By opening the cleaning center, service can be given to those who use solar panels or industries. Repair and maintenance of solar products and inverters can be done along with the maintenance of the panel. The cost is also very low in this. This business can start in just 50 thousand rupees. Talking about earning, it can be earned from 15 to 20 thousand rupees every month.
Earn money by becoming a solar consultant
Another work related to solar energy is that of solar consultant. To become a consultant, one has to take technical knowledge of solar business. It also has many courses. Solar plant or panelists want to get information about its viability, advantages and disadvantages. In such a situation, he can be helped as a consultant. The job of the consultant is to study the site and then advise the investment. For this you need basic things like an office, website. It will cost moderately as an investment. But by becoming a consultant, one can earn 50 thousand rupees a month.
Earn by becoming a financing consultant
Financing consultants are in great demand. There is no investment in it and you can take the desired cost of work. Financing consultants provide service to people who deploy solar projects. Many government and non-government agencies provide finance for setting up solar projects. But, the common people are not aware of this. You can gather all such details and give information to people.
Private Financial Institutions
You can also contact private financial institutions and work as a link between the producers. You can charge a fixed fee for this. It can earn from 30 to 50 thousand rupees.
