Renewable energy

A nice article in the businessworld this month on renewable energy. A lot of emphasis is on wind power and solar power.

In Bangalore if you remember there is a lot of focus on solar energy and lots of houses have these panels installed on their rooftops.

Gujrat it seems is a step forward, even residential connections can feedback electricity to the main grid . As usual gujrat seems to be ahead of the country.

The cost of installation of solar panels isquite high. But imagine if we can install these panels in everyhouse in the country, what can happen!
We can literally move away from being a power deficit country and be able to remove a major hurdle in our growth ambitions

Diesel generators actually according to the article is more expensive than solar power generation. So moving the backups to solar power makes a huge amouNT of sense.

I am going to be investigating this a little more on which companies provide these panels.

Its Simplefinancialsense