A small investment may help in an income over Rs 1 lakh in a month*
There have been increased global discussions on climate change & sustainability that are gaining momentum with many countries & organisations confirming a reduction in carbon footprint.
Lots of actions around harnessing renewable energy have been piloted and research in many cases is in mid to advanced stages
In 2020, an unprecedented scenario because of Covid 19 played a significant role, impacting many businesses and acted as catalyst for many too. The Aatmanirbhar Bharat campaign also picked up many folds with many new & innovative businesses gaining real momentum.
Besides pharma, insurance, online education, OTT, telecom, healthcare etc.; many large-scale businesses gained heavy consumption. During the same time the subject of ESG (Environmental, Social & Governance) also became a much-voiced subject across all strategic interactions nationally or internationally.
The amalgamation of the global pandemic & the call for Atmanirbhar Bharat also fast tracked and created many avenues for many people who were wanting to start their own business but were not so sure, however in 2020 few took calculated risks and began with smaller investments and within limitations of their knowledge, experience and skills.
While there have been many opportunities for people who want to step up and are thinking of starting their own, solar business is one which has been one of the preferred choices.
Solar business is here to stay as the demand of energy consumption per person is going to increase and at the same time the per unit charges by the electrical energy companies are continuing to increase. Further, many cities esp. the smart cities and the next level cities and towns are also looking at utilizing the rooftops solar energy generation and there are related policies in place. These further create very large scope for the solar business.
As the shift to solar energy as the primary source of electricity is in its nascent stage in India, the opportunity is indeed very big for many years to come. One can judge from the scope of its installation on the rooftops of independent residences, residential societies, factories, institutions, schools, commercial buildings, religious places, hospitals, malls, hotels etc.
How to Start Solar Business?
Prior to starting, you need to understand the various opportunities within the Solar business:
- Start as a Solar Dealer
- Upgrade to Solar Distributor
- Start as Solar Installer / system integrator/ EPC contractor
- Initiate as Solar Service Centre
- Begin Solar Panel Manufacturing
- Be a Project Developer
- Be a Solar Influencer
While you may explore more underneath, on each of the above opportunities, some basic knowledge and understanding needs to be gained:
Basic working Technical knowledge
Loom Solar conducts a online learning session for this on every Saturday at 10-11 AM. You can join via mobile phone / laptop through this link: https://www.loomsolar.com/blogs/collections/learn-solar-with-loom-solar
Acquire right set of skills or have skilled team
Either you must have basic understanding of electrical connectivity or have an electrician to be part of your business
An installer to ascertain the surface, roof, wall, factory shed, ground etc and the use of appropriate structure + alignment of solar panels and other equipment etc.
1. Solar Dealership Business
If you are looking at higher returns on lesser investment, you may look at starting a solar dealership business from your home or from shop
2. Solar Distributor Business
In case you are already into some other business and are still interested in picking up another business opportunity, you may choose, to take either the dealership or distributorship to start a new venture
3. Solar Installer / System Integrator/ EPC Contractor
In case you are an electrician and know the house wiring, AC connectivity, have the knowledge of Inverters and batteries, then you may opt for Solar Installer / system integrator/ EPC contractor.
4. Solar Service Center
In case you are more inclined towards servicing only, you may get suitable understanding by associating with a solar company. Remember with the pace at which the installations are happening, though there is limited care needed, but with the volume, this is going to be an interesting earning opportunity.
5. Solar Panel Manufacturer
Solar Power System installation needs many components like solar panel, inverter battery, panel stand, wire, DC distribution box etc. In case you are interested in B2B business, you may start manufacturing solar panels. To install a solar panel manufacturing plant, you may need an investment of Rs 4 to 5 crores (minimum) and to have the business as profitable, you need to have about 10 customers with whom the business operations can run smoothly.
6. Solar Project Developer
Within the solar industry there are interesting opportunities of turnkey and bigger projects that include private & government projects or tenders. This opportunity needs a deeper understanding of managing the end-to-end project working capabilities.
7. Solar Influencer
This gives the opportunity to be a solar influencer without having any direct investment in solar business. However, it needs an understanding of solar business and more importantly the knowledge and working understanding of digital & social engagement.
How to Choose the Solar Company for doing Business?
As illustrated above, there are various opportunities to explore. Loom Solar is one such organization that has been introducing the latest and best technology products to the Indian market. Innovation and simplification is at its core when it comes to solar technology. Loom Solar is Faridabad, Haryana based organization, that started its India operations in the year 2018 and has been pioneering the home solar category needs with the latest technologically advanced products also ensuring the home delivery with simplified installation practices. With over 60,000 households across India and over 2500 resellers, Loom Solar is the best choice in solar powered energy systems.
Some more interesting facts
The solar business in India is growing at more than 3 times the pace. Many of the resellers who initiated the engagement with Loom Solar as dealer have now upgraded to distributor of their district and many who initiated their journey as influencers have now taken the installer practice and have started earning more than double.
It's time to shake hands with Loom Solar and step into the solar powered world.
88 comments
Raghunatha
Hi I want to start a startup.
MARTINS LUTHOR
Coinfx market is a big scam broker, i paid a huge amount of $70,000, they persuaded me, into putting more of my hard earned money with all hope to get profits in return, they won’t allow me to make a withdrawal of my investment, all because all they wanted is to steal my money, i got advised to file a refund case against them, which to my greatest surprise i was able to withdraw my money, i contacted a recovery expert { MORRISGRAY830@GMAIL.COM } and his team of recovery experts, they where able to assist me with the withdrawal of my money, and restore my funds, they are very responsive, and you can reach out to him for help also, i know am not the only one who has fallen victim, people out there might also need this information!!
MARTINS LUTHOR
Coinfx market is a big scam broker, i paid a huge amount of $70,000, they persuaded me, into putting more of my hard earned money with all hope to get profits in return, they won’t allow me to make a withdrawal of my investment, all because all they wanted is to steal my money, i got advised to file a refund case against them, which to my greatest surprise i was able to withdraw my money, i contacted a recovery expert { MORRISGRAY830@GMAIL.COM } and his team of recovery experts, they where able to assist me with the withdrawal of my money, and restore my funds, they are very responsive, and you can reach out to him for help also, i know am not the only one who has fallen victim, people out there might also need this information!!!
Surya Prakash
I am ready to start the solar panel business.
Please advice,
Regards,
Surya Prakash.K
Suresh Babu
I am interested to start this business kindly advise
Partha sarathi Ghosh
I am ready
Faroque Ahmed
I want to start this business…
Navnath rambhau zine
I want to start dealership business in this field,so please give me information about solar industry
Srinibash Mohapatra
Pranam! Jay hind! I am a marine Ch. Engr/ Superintendent from Bhubaneswar, Odisha. Would like to request your advices/ guidances-how to go ahead, to start with a minimum investment & later to xpand. Would be grateful to have a detailed discussions with your rep.
Namaskar!
My contact no. +919937839499.
Jay Bharat!
Sampathkumar
I am salem I am interested pls share details
N K Batta
I am an electrical engineer and worked in senior position in major oil& gas psu. Now I am interested in starting my own business/ consultancy in solar power system in Ahmedabad. I need your assistance in exploring the best opportunities in this sector in Gujarat.
N K Batta
I am an electrical engineer and worked in senior position in major oil& gas psu. Now I am interested in starting my own business/ consultancy in solar power system in Ahmedabad. I need your assistance in exploring the best opportunities in this sector in Gujarat.
Sede jax
I’m from Nagaland I would like to open a franchise here. Share me complete information on 9862409855
Shubham Sharma
Hello this is Shubham Sharma From Madhya Pradesh India,
Mobile No. +918878757173, +919144384334,
I also want to start work with you, if there is some requirment like district co-ordinator or block lavel distributor You Can Call me.
mohammad moin
am interested in this business am from vijawada,AP. call me 9000392514
mohammad moin
am interested in this business am from vijawada,AP. call me 9000392514
Jersey D. Gomid
Hi! I was reading you article and I’m interested in doing Solar Panel Business with you. However I’m in the Philippines. Will it be possible?
Javed Siddiqui
Hello, I’m from Prayagraj, Uttarpradesh, I am interested in this business, can you please guide me,
thank you.
My Mobile number – 9323098126
Navneet Gaur
Myself a Delhi University official looking for my elder son dynamic future in business knowing well my childhood chum as land developer & cement dump holder are far better than, as compared to me. I want my son with dynamic groth and golden future.Hoping your precious time & direction.
M Ramana
Hi I am Basically Electrician, and i have group of electricians to work in the business, let details please, I am from Hyderabad, Isnapur region, my ph-9490758635
Raghuveer T
Hi Iam from Hyderabad, I am interested in this business, can you please guide me, thank you.
Satbir singh
I want start solar business/consultancy solution.so place suggest me how to start plz contact 7888984784
Tikayat Ray
Appreciate your web page. Interested in starting franchise in solar panel/ accessories. Would like to know relevant information pertaining to same including but not limited to minimum investment, your guidance etc.
Do please send me your reply in my email.
Nitish Kumar
I want dealership. Please guide us.
Contacts number -9993827275
Narendra Kumar Ahuja
I have knowledge of solar panels and provide training on it. How can I start a solar business without any investment but with only my efforts?
JYOTISH . S. BHATTACHARYA
I am residing at Virar , Maharashtra. Basically i am interested in Dealership. Needs trainning for that. Maximum i can invest 1 lack only.
please advise.
jsb
7574858110
7021387959
Goutam Das
Interesting. I am from West Bengal and wish to start a business on Solar Pannel. Would like to be associated.
CHANDAN P
Start as Solar Installer / system integrator/ EPC contractor
Sriranga Damodar
Good morning sir
I’m Sriranga Damodar from Trichy Tamilnadu Interested in solar system business
I want to start business
Regards
Mangharam Choudhary
Buisness for distribution
Mangharam Choudhary
Buisness for distribution
sidhanta
Hi, I am from Odisha. This article is very helpful brother. so nice Grate Job bro
Jaikishan Rai
Hi,
I want to become a EPC contractor in Delhi NCR region.
Kindly assist me.
8285045031
Amidu hameed
I have a lot of land here in Nigeria where you can set your business and earn a lot because of the bad electricity here
Keerthi Nandigam
Hi,
Your website looks impressive and I’m interested in setting up a dealership with you guys in Andhra Pradesh.
Kindly contact-630286019
jithin.u
intrested instalation becuase i am an elecrician
how to start
Sujit Rajan
Sir, I want to start a solar business in Kerala. Kindly advise.
Madhusudan Kabra
Interested in solar panel manufacturing and distributorship. Can you help. Want to cater to eastern india needs
Bhushan
Looking for start solar panels business as a production unit. Will you people help me in that
Khuzaima Chhatriwala
Interested in solar dealership business
Bhavin
I am completely new to this, but I am interested in solar technology. I am more over interested in manufacturing or distributorship
Zainudheen K
Sir, I would like to start a dealership/distribution for Solar Energy in Kerala.
Please assist me, Thank you
Mobile# 7034581669
Rajendra thosar
Interested solar system business
I want to start business
Dulari
I am interested in solar business and want to know more about it.
Uvan Suresh Kumar
Pls send me details to contact officials in Chennai . Regarding set up and installation of commercial solar project , dealership and distribution .
Subhash simepurushkar
Interested in dealership
PRASHANT SHELKE
9819200340
UTKARSH YADAV
Want to start solar business. Please contact 9208617320
tapan kumar dash
Good assesories.
manoj pal
i want to set up my own business,i man electronics engg. in electro mechanical field and industrial automation.
Nagpur
9923528903