Business Ideas around solar power

Picked from Wikipedia:

India is both densely populated and has high solar insolation, providing an ideal combination for solar power in India. Much of the country does not have an electrical grid, so one of the first applications of solar power has been for water pumping, to begin replacing India’s four to five million diesel powered water pumps, each consuming about 3.5 kilowatts, and off-grid lighting. Some large projects have been proposed, and a 35,000 km² area of the Thar Desert has been set aside for solar power projects, sufficient to generate 700 to 2,100 gigawatt.

In July 2009, India unveiled a $19 billion plan to produce 20 GW of solar power by 2020. Under the plan, solar-powered equipment and applications would be mandatory in all government buildings including hospitals and hotels.

Solar Lamps
Solar Lamps are one good business idea around solar power

It is clear that India holds as very good potential as a nation hungry for solar market to emerge on a grand scale. Solar power can be used to generate tremendous amount of electricity, which can help run schools, institutions, corporate houses and even villages to be self-sufficient.

Being an entrepreneur, if you think about business ideas around solar power, here are some products and applications where solar energy can be tapped and used:

  • Solar water-heater
  • Solar cooker
  • Solar power generator
  • Solar lamps
  • Solar streetlight
  • Solar road-studs
  • Solar lighting systems
  • Solar torch
  • Solar mobile, laptop, handheld chargers
  • Solar water pump
  • Solar vegetable drier

If you come up with more ideas and suggestions about how solar energy can be used for power generation or other applications, feel free to share your views. Entrepreneurship thrives on new ideas, however queer they might sound.

(Photo taken in LED Expo, Pragati Maidan, New Delhi)

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