Universities have spaces that can accommodate hundreds of panels, which can power an entire campus. The more an institution embraces renewable energy, the better its image will be with the community. With the rise of several solar plants that generate several megawatts or gigawatts of power, it’s possible for solar energy to eventually be 100 percent renewable and completely independent of the grid. By building money-saving solar arrays and giving a name to solar installations such as “Project Solar Energy,” a university can get positive press, which may attract big investors. Another major benefit to solar panels for colleges and universities is that once they are installed, they don’t need much maintenance.

Solar power for industries is quintessential for meeting the 100 GW solar mission of India. A significant 44.2% of the entire electricity generated in India is used for industrial consumption, making it one of the most important sectors with respect to electricity demand. Pertaining to heavy usage, especially during the peak hours, electricity constitutes a major variable cost for industries. Industrial solar power, therefore, is a way to reduce the peak loading of the grid and do away with high tariff rates for the peak hours. Often, the other incentive for many big industries to use ‘industrial solar power’ is to show an increased share of renewables in their energy portfolio and meet their RPOs (Renewable Purchase Obligations). Industrial firms with captive industrial solar power systems also have the option of availing tax benefits, capital subsidies and other incentives as applicable.