C.F.O

Our Vision

Mr. Rajesh Kumar is the Chief Financial Officer and Co-Founder of Reeyansh energy has an vast experience in banking sector of 10 years. He has worked with various international banks such as HDFC Bank, Kotak and Yes Bank. Mr. Rajesh truly believes in consumption of eco-friendly energy sources at every level of usage. He believes that India has a very bright future in solar energy technology. The growth rate of Indian solar energy market was among the top markets in the world in the fiscal year 2015-2016.

Q-1:What is the current status of solar energy growth of India?

Solar power in India is the fast growing in India. The country’s current capacity is 8,626 Megawatts. The Indian government plans to invest US$100 billion and 100 GW of solar capacity. Currently solar energy is bound to urban usage only so it is very important to expand it to rural areas as well.

Solar power in India is the fast growing in India. The country’s current capacity is 8,626 Megawatts. The Indian government plans to invest US$100 billion and 100 GW of solar capacity. Currently solar energy is bound to urban usage only so it is very important to expand it to rural areas as well.

Q-2:What is the growth rate of solar power industry in India?

Over the past two years, the rooftop solar panel market has grown at a compounded annual growth rate of 90%.
graph
Source: Bridge to India research

Q-3:What are the future prospects of solar power industry in India?

The potential of solar energy in India is estimated kilowatt hours 5000000000000000 per year, and thus, according to many, is the most favorables option for the energy of the subcontinent. However, to date, India has an installed solar power capacity of only 9.84 megawatts, which is less than about 0.1 percent of the country’s total installed renewable energy. Currently, the total installed renewable energy is 13,242.41 MW, in India’s Ministry of New and Renewable Energy. Therefore you can expect a bright future of India’s solar power industry.
Contact: rajesh.kumar@ojasnreeyanshenergy.com