The sun rays generate solar power with the help of panels with PV cells designed to convert solar energy to electricity. While the potential to use solar power is vast, we have only harnessed a minuscule amount so far. The biggest criticism of solar power production is its inefficiency and expense. However, with the help of superior technology, this reality is slowly changing. Today, various solar power plants operate efficiently and are cost-effective. Let's take a look at what makes solar power such an exciting and wondrous option:

Benefits of solar energy

Renewable Energy
Unlike any other source, solar energy is an out and out renewable energy source. As long as the Sun exists, we will continue to have access to solar power. Besides, harnessing electricity from non-renewable energy sources like fossil fuels produce greenhouse gases which are largely responsible for global warming. Since global warming threatens the human species with extinction, a shift to solar energy production is a very welcome move.

Zero energy production
Solar power production doesn't require any human input for power production. Once the equipment is installed, there isn't much that you will need to do. Furthermore, all the energy input comes from a renewable energy source that requires no financial payments. Therefore, the maintenance and power production costs involved are considerably lower. That is why, even with the substantial initial investment, solar energy production is a profitable proposition.

Low maintenance cost
Solar power production doesn't require a lot of maintenance. The components have a very long life and don't incur damage from wear and tear. The inverter is one of the few parts that need to be changed after every 5 to 10 years. Besides that, most parts can last for 20-25 years. Several companies provide a warranty of 20 to 25 years. So, after making the initial investment, there are not many expenses that you have to incur.

Technology development
Historically, solar panels have been ineffective. But as we mentioned that's not the case anymore. New technologies are emerging today, and solar panels are getting more and more efficient. The future is very bright for solar energy production.

Reduced utility bill
If you're installing the solar panels at home, they can significantly reduce your utility bill. Often the solar panels generate more energy than a house consumes. It can provide energy even in cloudy areas and cool climates. As a homeowner, you won't have to depend on state powered electricity.

Subsidies
The state, as well as the national government, have announced that they will be paying a subsidy to people who install rooftop PV systems. This has been a great motivation for people to install solar panels. For people who cannot pay the expenditure of installing a solar energy production system, this is a welcome change.

Several solar plant manufacturer in India has made the most of these benefits. From 2014 to 2018, India has increased its solar energy production capacity by 8 times. The country has been making most of the solar energy, and it will continue to do so.