Paper Title
Shining a Light on the Future: Present Scenario of Solar Energy, Opportunities and Obstacles of Solar Energy Start-ups in Uttar Pradesh
Article Identifiers
Authors
Devika Dhawan Shukla , Dr. Madhu Bhatia , Prof. R.K. Maheshwari
Keywords
Keywords – Sustainable Development, Renewable Energy, Entrepreneurs, Clean Energy, Non-fossil fuels, Solar Energy Start-ups.
Abstract
Abstract : Energy is the driving force behind all activities and plays a crucial role in creating wealth. Currently, our energy supply is heavily reliant on fossil fuels, leading to harmful effects on the environment such as atmospheric pollution, ozone layer depletion, and the greenhouse effect. In order to secure a better future for generations to come, it is imperative to focus on sustainable development that nurtures the environment. This paper will concentrate on the current scenario of the solar energy and the future of startups in this sector, as solar power is the most abundant, practical, and cost-effective among other renewable energy sources. According to the United Nations Development Programme's 2000 World Energy Assessment, the potential of solar energy is several times larger than the world's total energy consumption. India, in particular, has great potential in solar energy due to its high direct normal irradiance, making it a key player in the renewable energy market. The solar energy industry in India is rapidly evolving, presenting significant opportunities for new businesses and entrepreneurs due to the government's ambitious targets and supportive regulations. However, some obstacles to the widespread adoption of solar PV technology include dependence on sunlight duration and intensity, lack of awareness in rural areas, high installation costs, disposal of toxic chemicals used in solar cells, inconsistent performance in different weather conditions, and the need for alternative power sources for continuous supply.
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How To Cite (APA)
Devika Dhawan Shukla, Dr. Madhu Bhatia, & Prof. R.K. Maheshwari (July-2024). Shining a Light on the Future: Present Scenario of Solar Energy, Opportunities and Obstacles of Solar Energy Start-ups in Uttar Pradesh. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 9(7), d464-d477. https://ijnrd.org/papers/IJNRD2407329.pdf
Issue
Volume 9 Issue 7, July-2024
Pages : d464-d477
Other Publication Details
Paper Reg. ID: IJNRD_225434
Published Paper Id: IJNRD2407329
Downloads: 000121989
Research Area: Commerce
Country: Lucknow, Uttar Pradesh, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2407329.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2407329
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Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)
ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016
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This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition
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