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The podcast discusses India's plan to switch to solar energy and the hurdles in its path. It explores challenges like lack of awareness, high costs, delays in subsidies, and difficulties in obtaining loans. The episode also highlights the difficulties faced in achieving one crore solar-powered households in India, including the need for cooperation from distribution companies and the potential loss of revenue for these companies. It emphasizes the importance of subsidies to encourage households to adopt solar energy.
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Quick takeaways
- India has ambitious goals to switch from coal to solar energy and overcome challenges to achieve its rooftop solar ambitions.
- The economic viability and market potential for rooftop solar in India is currently limited, but increasing subsidies and incentives could help achieve the target of reaching one crore households with solar systems.
Deep dives
India's Rooftop Solar Ambitions
India has ambitious goals to switch from coal to solar energy in order to address its increasing electricity consumption and reduce harmful emissions. With abundant sunlight, India has the potential to fulfill its renewable energy promises while also saving foreign exchange reserves. However, the uptake of rooftop solar initiatives has been slow due to factors such as lack of awareness, high upfront costs, delays in subsidies, and challenges with connecting to the electricity grid.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode