You can also earn money by opening a solar plant, and learn how to start it.

Solar Plant Business: You can make electricity and use it yourself. You can also sell it. How can you earn money by opening a solar plant? What things will be needed for this? Know full details.

Solar Plant Business: In today's time, people give more importance to business than job. And this is the reason why such a large number of startups are seen opening in the country nowadays. Some people are starting traditional business. While some people are doing something different. If you are also thinking of starting a business, then the business of solar plant can prove to be very beneficial for you.

You can make electricity and use it yourself. You can also sell it. This has become a good business model. Not only this, you are also being helped by the government in this. Let us tell you how you can earn money by opening a solar plant and what things will be needed to open a solar plant.

How to start a solar plant business?

Before starting any business, it is necessary to get good information about it. But if the business is such that it is usually seen very rarely. Then more investigation has to be done. If you are thinking of opening a solar plant. Then first of all you will need a place. Where there is good sunlight like open land or a large roof of a building.

For a solar plant, you can initially install a solar plant from 5 kilowatts to 1 megawatt. After this, you have to get approval from the Ministry of New and Renewable Energy of India or the state's solar agency. After this, you have to arrange for net metering. So that you can send electricity directly to the grid. The more electricity you send to the grid. You get money according to that many units. Every month this amount is transferred to your account.

How much can you earn?

The income from the solar plant depends on how much capacity system you have installed. And how many units of electricity is it generating daily. For example, a 1 kW solar system generates an average of 4–5 units of electricity per day. That is, about 120–150 units per month. If you sell it to the grid at the rate of 3–5 rupees per unit. So you can earn about 500 to 750 rupees every month.

On a commercial level, this income can go up to lakhs of rupees per month on a plant ranging from 10 kW to 1 megawatt. The more electricity your solar plant generates, the more money you will get. Let us tell you that the central government and state governments in the country are running different schemes to promote solar energy. Where you can also take a loan and you can get subsidy in it.