Pre-Budget Expectations from India’s Solar Sector
We’re proud to share that Freyr Energy’s insights on the upcoming Union Budget and India’s solar sector were featured in The Hindu BusinessLine, one of India’s most trusted business publications.
In this article, Radhika Choudary, Co-Founder & Director, Freyr Energy, spoke about how the Union budget on solar energy can play an important role in accelerating rooftop solar adoption across the country—especially as India moves steadily toward its net-zero goals and ambitious renewable energy targets. The direction set by the solar energy budget will shape how quickly clean power reaches everyday homes and businesses.
What We Hope to See in the Union Budget
Looking ahead, India’s growing focus on clean power opens a clear path for rooftop solar growth. With the Union Budget around the corner, the way the budget on solar energy is structured could shift momentum in favour of smaller, local installations.
One way forward is financial support that flows directly to households and small businesses. Another lies in simplifying processes that currently slow progress. Better access to affordable financing, supported through a practical solar power budget, can help reduce early hesitation. Training programs could widen adoption by building skilled teams across cities and towns. Well-designed tax benefits may encourage more owners to go solar, while public buildings adopting rooftop systems can quietly lead by example. Each step adds up—steadily and sustainably.
A straightforward tax structure makes it easier for people to understand costs and benefits. When incentives feel fair and practical under the budget solar energy framework, participation improves. Simpler systems reduce confusion, paperwork errors, and hesitation, helping policy intent translate into real action on the ground.
Financing and Accessibility
Flexible payment options are improving, opening doors for homes and small businesses to adopt solar. Financing that aligns with everyday budgets helps more people take the leap. Support grows through manageable repayment plans that ease upfront costs, allowing households to lower monthly bills while small businesses gain greater energy independence.
Low-interest green loans—especially for residential and rural households—can make solar more accessible. One scheme that clearly stands out within the broader solar budget conversation is the PM Surya Ghar Muft Bijli Yojana. When subsidies reach homes faster, adoption begins to show visible results. Clear, easy-to-understand information at the local level helps families take the first step. And when people see solar working nearby, trust follows naturally.
Supporting the Next Phase of Solar Growth
From an industry perspective, the Union Budget can further strengthen the solar ecosystem by supporting:
- Domestic manufacturing and innovation-driven solar technologies
- Digital tools for system monitoring and performance tracking
- Skilling and workforce development to create long-term green jobs
- Grid modernisation and energy storage to support reliable scale-up
Freyr Energy’s Commitment
Freyr Energy believes that smart policy decisions play a key role in putting energy control into people’s hands. Access to affordable, clean electricity grows stronger when long-term planning supports it. As highlighted in The Hindu BusinessLine, progress in solar doesn’t come from noise—it comes from consistency.
Bold steps now appear across rooftops, one installation at a time. Homes light up first, shops follow, and confidence builds through systems that perform day after day. Solar panels stand under open Indian skies, quietly delivering value. Over time, bills shrink, systems endure, and trust deepens.
Confidence isn’t built on promises, but on years of steady performance. Reliability doesn’t need to be claimed—it shows up daily in the power generated and the homes that stay lit after sunset. Real value grows where sunlight meets smart choices made early.