solar panel installation business - low investment and quick return business start from your local area

Start a Solar Business in India With Rs.25,000 and Earn in Crores

A lot of solar companies in India are giving a golden opportunity to people who are passionate about green energy. Don’t worry if you do not know the technicalities or do not have money to invest in the business. Institute of Solar Technology (IST) is one of the top solar business training provider in India, from where you can complete solar business training like Rooftop Solar Professionals for rooftop solar business, Advanced Certificate in MW Solar Project for mega watt power plant EPC business. The following three solar business opportunities are very flexible and one of these would definitely suit you.

Different Types of Solar Businesses in India

• Solar Installation Business
• Solar Sales Business
• Energy Consultant
• Solar Consultant
• Solar Manufacturing Business
• Solar Parts Business
• Solar Maintenance Business
• Solar Tax Credit Expert

So, now you know different types of solar businesses you could start!

The government is insisting on installing solar plants. In many states, it has become necessary to install solar plants in the industrial sector. It is good business for you to start selling solar products. In this, you can start the business of Solar PV, Solar Attic Fane, Solar Thermal System, Solar Cooling System where you can earn up to lakhs from this business. Moreover, many banks give loans for solar-related business. 

You can start many businesses related to the solar sector which promises a very good profit in return. If you want to start a business, then you can start any new business by joining the solar sector. Today we are going to tell many new business options related to solar in this article which can offer you good earning as well as profit. 

1. Become Solar Business Associate

Your investment: 25,000-40,000

This role is made for someone who has strong influence and keen interest in making people go solar despite having little technical knowledge about solar power. You could be a retired bank manager, head of your RWA, Principal of a school or star of a women’s club – as long as you can convince people around you to go solar, companies want YOU! Solar Companies will provide you with all the information and knowledge to suggest solar solutions to people.

Solar Companies will also help you reach more people in your areas by providing you sales and marketing support. Remember, your customers like to buy solar solutions from a reputable company that can be relied upon for excellent lifetime service. Brands have already carved out space in people’s homes and hearts. With their support, you will be able to do more solar installations.

How Much Can You Earn by Becoming Solar Business Associate?

There is no limit! Depending on the kind of leads you get for solar companies you can earn anything between Rs. 10,000 to 20 lacs or even crores.

2. Associating with Solar Companies if You Are a Solar System Integrator

Your investment: 50,000 – 2,00,000

If you are a solar system integrator with a technical team and have been doing solar system installations then tying up with solar companies will increase your profits and reach.

You can be empaneled and certified system integrator for all solar projects in your preferred areas. For installation, you will be paid as per the pre-negotiated rate based on project size.

3. Become Solar Dealer or Distributor

Your investment: 2,00,000 and above

Companies manufacture all types of solar products such as panels, solar batteries, charge controllers, solar home lighting systems, solar inverters, solar PCU, etc. If you associate with solar companies then you will be able to procure all the products from them at a special discounted rate.

So, I’m going to give you a universal step-by-step guide about How to Start Solar Business which will work on any kind of solar business you want to start.

#Step 1 : Do Research –

Yes! You have to do a lot of research.

Not only in this business, but any business you start needs proper research.

If you start your business without doing research, then the chances of your business failure are very high. So, it’s better you do research for your business.

#Step 2 : Make a Business Plan –

Once you’re done without your research, it’s time to make a business plan for your business.

Business planning is also one of the most important things you’ve to do before you actually start your business.

Many business owners skip this part and this is one of the biggest reasons for their business failure!

If your business plan is full proof, your business is going to be full proof. There are many things comes under a business plan. 

Institute of Solar Technology providing a very effective course "PV Solar Techno commercial Training" which will covers technical details needed to assess potential residential, commercial PV projects and to present accurate proposals. Discussed in detail: safety, site analysis, design, performance, costing, subsidy, financial-benefit analyses, financing options ...

#Step 3 : Get Legalised –

Now, you’ve done your research and created a full-proof business plan for your business, it’s time to get legalized.

#Step 4 : Open a Bank Account –

Once you’re done with your business registrations, it’s time to open a company/business account for your business.

#Step 6 : Hire –

Done with everything? It’s time to hire manpower which will help you in making your business successful. You can hire from IST alumni. 

#Step 7 : Make Online Presence

Online Presence of your business is a must nowadays!

Your business should have a Good Website. It improves your credibility and helps you in capturing the market online! To develop your B2B and B2C website IST providing full support through corporate partner. 

#Step 8 : Sales and Marketing –

After establishing your business, it’s time to market your business and generate sales!

Anyone can start a business nowadays without even knowing anything about business!

But, if you do marketing for your business effectively and smartly, then no one will stop you in achieving success.

You can sell your product on VMAXO E-commerce site, and  B2B B2C platform MLAXI. Both are the corporate partner of IST to assist IST startups. 

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