How investing in digital solar power helps urban Indians beat space crunch
As energy demand grows, rooftop solar is seen as clean and cheap, but many city residents struggle to install systems
Suraj Vallamkonda, 29, bought an electric scooter as a step towards reducing his carbon footprint and tackling climate change. But when he plugged it in to recharge, he realised he was using fossil fuels to power it, not green energy.
One solution, he knew, would be to install solar panels on his rooftop. But his home terrace, with its thriving herb garden, did not have enough space for panels, so he decided to invest in “solar biscuits”, or portions of panels in an existing system.
Vallamkonda tapped into solar power produced kilometres away via a start-up business that helps meet individuals’ clean energy needs at home with power produced by solar panels mounted on malls, schools and other sites across India. The Bengaluru resident invested in solar panels virtually, earning him credits that offset his electricity bill at home...