Solar Energy : A Goldmine For Indian Entrepreneurship
Introduction : In an era of advancing technology and growing environmental consciousness, the quest for sustainable and renewable sources of energy has become paramount. Among the diverse array of options, solar power stands out as a shining beacon of hope. The harnessing of the sun's immense energy potential has not only revolutionized the way we generate electricity but also holds the key to mitigating climate change and building a cleaner, greener future. Why India Wants Solar Energy : India has been dependent on the Middle East for oil for over 70 years. Consequently, whenever there is chaos in the world, oil prices spike, and we bear the brunt of inflation. For instance, in 1973, when Saudi Arabia expressed its displeasure towards Israel, they abruptly raised oil prices from $20 to $60 per barrel. This caused shockwaves of inflation throughout India. Combined with our 1971 war with Pakistan, it severely impacted India's economy. Similarly, we recently w...