With a goal to decarbonize its economy and achieve net-zero emissions by 2070, the country is capitalizing on its vast potential for renewable energy. MSMEs can leverage clean energy source to decarbonize their operations, achieve cost savings, and propel themselves towards a greener future.
Electricity costs constitute a substantial portion of operating expenses for MSMEs in India. The high and continually increasing electricity tariffs can strain the financial resources of these enterprises.
MSMEs face significant challenges, including high energy costs, which can impede their competitiveness and growth. Transitioning to rooftop solar can help mitigate these challenges by providing a reliable and cost-effective energy source, enhancing the sector’s productivity and sustainability.
Rooftop solar installations are instrumental in achieving these targets. For MSMEs, adopting rooftop solar is not only an environmental imperative but also a step towards compliance with national and international regulations aimed at fostering sustainable development.