We are glad to share that, Reliance New Energy Solar acquires 100% stake in Faradion Limited The announcement is in line with billionaire Mukesh Ambani’s ambitious plans of investing Rs 75,000 crore over the next three years to build a new clean energy business aimed at RIL’s commitment to be net carbon neutral by 2035.
Summer will be here before we know it—and with the rising temperatures, we’ll see rising energy bills.
Solar panels are a great way to offset energy costs, reduce the environmental impact of your home and provide a host of other benefits, such as supporting local businesses and contributing to energy independence.
Looking to install panels on your home? We have solar panels, and wanted to share the top four benefits we see from them:
Reduce Or Eliminate Energy Bills
On warm spring days, we generate a lot more than we consume, and then we trade that with the utility. On hot summer days, when we run the air conditioning, or on cloudy days, we draw from the grid. Even if you live somewhere cloudy, such locations typically receive more than two hours of sunlight per day, while sunny locations receive an average of 5.5 hours of sunlight per day.Although sunny days will produce more solar energy, solar panels will continue to draw energy even when the weather is cloudy. Indirect, or diffused, sunlight will still help to power your home. Cloudy days usually produce around 10 to 20 percent of the power generated on sunny days.
Earn Tax Credits And Rebates
It is true that there’s already policy in place to boost grid connected solar roof-top power panels. There’s also 40% subsidy on benchmark capital costs on offer for units of up to 3KW capacity, and 20% for larger units up to 10 KW. The way ahead is to provide income-tax benefits for installing such decentralised roof-top power units of say, 0.5 KW to 3 KW. The solar facilities set-up can be gainfully used to recharge phones, inverters, laptops and other gadgets
Start Saving From Day One.
Solar panels help one save and earn back the cost of installation by adding to the property’s market value. Buyers will not mind paying a little extra when they know they will be saving on their power bills in the long run.
Help The Environment And Help Us All.
Unlike traditional means to generate electricity such as burning oil, coal, or natural gases, solar panels do not need anything to burn, meaning no smoke is produced. Instead, solar panels rely on the heat and light coming from the sun, which it then harnesses and converts into usable electricity, with the help of assisting apparatuses.
As mentioned above, we at Alien Solar want to take forward the initiative to help and support India reach the net zero goals of cardon footprint by 2070. Alien Group of Companies (AGC) is headed by alumni of IIT Roorkee. Alien management Companies have top professionals from various Prestigious University From all Over the World & Very Senior Retired Director From CPWD. PFC. NTPC & Other Various International institutions. AGC is the leader in energy Efficiency. Renewable Energy & Sustainable Solutions.