Adoption And Impact Of Solar Energy In India: Renewable Energy Transition, Policy Development, And Sustainable Power Generation
Author :
Naman BhardwajJourna Name:
International Journal for Novel Research in Economics, Finance and Management Volume:
4 issue:2 Year:Volume-4-issue-2 Views : 66
Abstract:
The transition from fossil fuel–based energy systems to renewable energy sources has become a major global priority due to environmental, economic, and sustainability concerns. Rapid industrialization and population growth have significantly increased global energy demand, leading to excessive consumption of conventional fuels such as coal, oil, and natural gas. These fuels contribute heavily to greenhouse gas emissions, air pollution, and climate change. As a result, renewable energy technologies have gained considerable attention as sustainable alternatives. Among various renewable energy sources, solar energy has emerged as one of the most promising and rapidly expanding technologies worldwide. Solar power systems convert sunlight into electricity through photovoltaic cells or solar thermal technologies. With technological advancements, decreasing installation costs, and supportive government policies, solar energy has become increasingly competitive compared with traditional energy generation methods. This research paper analyzes the development, adoption, and impact of solar energy in India. The study examines the economic, environmental, and technological aspects of solar power while also evaluating government initiatives, market trends, and implementation challenges. The research relies on secondary data collected from government publications, academic literature, and renewable energy statistics. The findings indicate that solar energy has substantial potential to support sustainable development, improve energy security, reduce carbon emissions, and generate employment opportunities. However, barriers such as high initial investment costs, energy storage limitations, land requirements, and grid integration challenges continue to affect widespread adoption. The study concludes that continued policy support, technological innovation, and strategic investment will be essential to accelerate solar energy growth in India.
APA:Naman Bhardwaj. (Volume-4, Issue-2 -(Year-Volume-4-issue-2)). Adoption And Impact Of Solar Energy In India: Renewable Energy Transition, Policy Development, And Sustainable Power Generation. Retrieved from https://ijnrefm.com/wp-content/uploads/ijnrefm-volume4-issue2-102.pdf
Chicago:Naman Bhardwaj. "Adoption And Impact Of Solar Energy In India: Renewable Energy Transition, Policy Development, And Sustainable Power Generation" Example, Volume-4-issue-2-Year-Volume-4-issue-2-3048-7722. https://ijnrefm.com/wp-content/uploads/ijnrefm-volume4-issue2-102.pdf.