According to the energy policy scheme prepared by the Ministry of Power and Energy, the government intends to supply electricity to the whole population by 2012. And also currently the rural area market is governed by the existing solar photovoltaic developers and hence it is not wise to target that particular market. The relatively higher costs involved with stand-alone PV systems have prevented solar photo voltaic from becoming a viable energy option for off grid consumer. In off grid applications a battery pack is required and hence the cost is dramatically increased.
Battery backups in existing off grid systems tend to fail after about five years raising questions about the reliability of the system. But the introduction of net metering in 2008 has enhanced the interest among the public for renewable energy and the ease of utilizing solar photovoltaic. The public awareness about this particular technology is growing day by day so this is an ideal time to enter the market. The government policy to integrate electricity produced by means of renewable sources up to 10% of the total installed capacity has also resulted in a rapid development in this particular sector.