Solar Energy Technology and its role in Sustainable Development in India

Abstract

Solar energy technology is increasingly essential for addressing climate change and promoting sustainable development. It offers significant economic benefits alongside environmental advantages, particularly for energy-intensive industries like baking. By harnessing solar power, businesses can lower operational costs and reduce their carbon footprints, appealing to environmentally conscious consumers. The triple bottom line approach - focusing on people, planet and profit - aligns with this transition, as companies benefit economically from reduced energy costs and potential government incentives while contributing to cleaner air and community engagement. Utilizing unused rooftop spaces for solar installations maximizes efficiency, while government support through tax credits and rebates facilitates adoption. Overall, integrating solar energy into business operations not only fosters sustainability but also positions companies as leaders in the renewable energy movement, addressing urgent climate challenges.