Role of Solar Parks Towards Economic Development in India – An Overview

Abstract

This study examines the role of solar parks in promoting economic development in India. The study findings highlight the significant economic, environmental, and social benefits of solar parks, including job creation, investment attraction, and reduced dependence on fossil fuels. However, the growth of solar parks is hindered by challenges such as land acquisition, technological barriers, and regulatory frameworks.  The study is based on secondary data. The study suggests strategies to overcome these challenges and unlock the full potential of solar parks in India. The results of this study have important implications for policymakers, industry stakeholders, and researchers seeking to promote sustainable development and renewable energy in India.