The Indian subcontinent has an immense solar energy potential, with certain parts receiving as much as 4-7 KWp per sq. meter of sunlight per day. Solar power has the potential to bridge the ever increasing gap between the demand and supply of energy, reducing dependency on finite fossil fuels which pose a significant threat to the environment.
The Prime Minister of India released the National Action Plan for Climate Change (NAPCC) in 2008 under which the prestigious Jawaharlal Nehru National Solar Mission (INNSM) is aimed at setting up 22 GW of solar power by 2020 in a phased manner.
To support this mission, states like J&K, Gujarat, Rajasthan, Karnataka, Tamil Nadu and Andhra Pradesh came out with their individual sate policies to fulfill their RPOS/SPOS promoting large-scale deployment of solar power plants. Simultaneously, the Central Electricity Regulatory Commission (CERC) introduced Renewable Energy Certificates (REC) Mechanism for solar energy, which allowed obligated entries to meet its obligation by purchasing the RECs.
While technological advancement in the solar space has helped in reducing the cost of generation, the government is taking various initiatives to improve the transmission infrastructure. It is also providing incentives like waiver of electricity duty, wheeling and transmission charges, cross subsidiary charges etc., to attract investments. Accelerated depreciation benefits under the Income Tax Act which allows developers to claim up to 80% depreciation on their solar power investment in the first year have managed to attract a lot of investors to develop green power.
A cleaner environment is the need of the hour and India with its immense potential of harnessing this abundantly available natural resource is poised to emerge as the leader in renewable energy installations. Solar photovoltaic technology with the ease of set up and hassle free operations is fast covering grounds to take us closer to the ambitious target set under the INNSM.
With the demand shifting from the conventional fossil fuels and Nuclear Energy that are nonrenewable and have various harmful environmental effects, Solar Power is the latest addition to the global Power Industry. The shift towards green and renewable energy sources has led to the widespread acceptance of Solar Energy and development of Solar Technology on a much larger scale. Understanding this Global Demand for a Green Energy Source and a responsibility towards the future ANN Infrastructure started its journey in 2017 into Solar Power Sector by providing cost effective high quality solar Photovoltaic products for both Grid Connected & off Grid Power Products like Rooftop Solar Ground Mounted Solar Power Plants, Solar Home Lighting, Solar Pumps, Solar Street Light etc.