Solar power is the conversion of sunlight into electricity, either directly using photovoltaic or indirectly using concentrated solar power. Concentrated solar power systems use lenses or mirrors and tracking systems to focus a large area of sunlight into a small beam. Solar Energy is the best alternative of energy in the world which is cost-effective, eco friendly, long –lasting, high in return in comparison with the investment, low infrastructural demanding medium of energy. It plays very vital role to fill up the gap of different traditional source of energy. Entire world is using solar energy it’s helping to control pollution. Jharkhand the 28th state of India with 2.69 cr. Population and the people, industries are not getting proper power supply, to promote renewable energy and ensure power supply in rural and urban area’s the govt. Of Jharkhand incorporated Jharkhand Renewable Energy Development Agency (JAREDA) in the year 2001, JAREDA in working for implementation of fiscal and financial incentives made available by MNRES and IREDA. JAREDA has framed many programmes for proper power supply through providing SOLAR Lanterns Solar Power Grid, Solar Water Heater, Solar Charger JAREDA have successfully done 1552 Remote village electrification programme, 150 Kilowatt Power plant, developed state level solar power park, 312.5 Kwp at police stations and many more simontinously for encouraging these products usages MNRE and JAREDA is also providing Subsidy on purchase of these products. Solar Energy Industry has huge potential for Employment generation as this is the fastest growing sector in the country as per the geographical structer of Jharkhand state and Naxal Problems the government of Jharkhand is not able to provide electricity to every household of the state and at the same time solar energy is one time investment with 25 years of sustainability with higher rate of return in terms of saving the energy.
KEYWORDS: Solar Energy Industry, Employment Generation, Service, Government Subsidy.