Techno Economic Analysis of Rooftop Solar System Along with Potential and Future Prospects in India

The mitigation of global energy demands and climate change are the most important factors in the modern days. Moreover sustainable energy security is the another key issue which stimulate to think the researchers, manufacturers and government to develop the solar energy extensively. Development and application of solar energy have been regarded by the government of India and common people, and they thought that solar photovoltaic energy can provide more energy in future compare to other renewable energies. In the last decade, solar photovoltaic energy research and development has supported by the central government and state governments. This paper discusses the solar energy potential, development and future prospects in India. Some key policies and initiatives undertaken by Indian government to promote solar energy in India are also highlighted. Techno economic analysis of a typical roof top solar system is also analysed with Indian context which will be helpful for decision makers and various stakeholders. Keywords— Jawaharlal Nehru National Solar Mission (JNNSM), Solar Energy Corporation of India (SECI), Renewable Purchase Obligation (RPO) , Renewable Energy Credits (REC), Roof top solar, Ministry of New and Renewable Energy (MNRE)