The word ‘renewable’ has caught everyone’s attention. Going green is the new trend and companies are investing huge money to make their operations sustainable. While all big brands want to go green, several eco-friendly investing platforms have emerged that allow you to invest in big green energy projects in India. There are significant players in the industry and the market share will increase tenfold in the next 5 years.However, why should you trust ESG platforms and how do they function? We regularly receive such questions so it’s time to review renewable energy investments. In this blog, we will take you through a detailed guide to Sustvest so you can decide whether Sustvest investment is good or bad
Let’s begin with understanding the renewable sector in India.
India’s Renewable Industry – A Quick Glance
1) Solar Power:
India is blessed with abundant sunlight, making it an ideal location for solar power generation. This has contributed to the growth of renewable energy in India. The country’s solar power capacity has increased exponentially over the last decade. The National Solar Mission launched in 2010, aimed to achieve 20 GW of solar capacity by 2022, but India surpassed this target ahead of schedule. The government then set a new ambitious goal of 100 GW of solar capacity by 2022, further emphasizing its commitment to clean energy.
2) Wind Energy:
India is also one of the top wind energy producers globally. The country’s wind power capacity has shown steady growth over the years, contributing significantly to the renewable energy mix. Several states have favorable wind conditions, and the government has promoted wind energy projects through various incentives and policies.
Hydropower has been a traditional source of renewable energy in India. The country has a vast potential for hydropower, and many projects are underway to harness this energy source. Large dams and small-scale projects alike contribute to the renewable energy portfolio.
Impact of Renewable Energy on Economic Growth
I) Job Creation: The growth of the renewable energy sector has led to the creation of numerous jobs. Solar and wind farms, as well as manufacturing units for renewable energy components, have provided employment opportunities in both urban and rural areas. This has helped reduce unemployment rates and boost the income of local communities.
II) Attracting Investments: The renewable energy sector in India has attracted substantial investments from both domestic and foreign investors. The government’s supportive policies and incentives, such as tax benefits and subsidies, have encouraged private sector participation. This influx of investments has not only boosted the renewable energy industry but also positively impacted the broader economy.
III) Energy Independence: By diversifying its energy mix, India has reduced its dependence on fossil fuel imports. This has stabilized the country’s energy security, reducing its vulnerability to global oil and gas price fluctuations. This, in turn, has had a positive impact on India’s balance of payments and currency stability.
IV) Environmental Benefits: The reduction in greenhouse gas emissions from fossil fuel-based energy sources has led to improved air quality and public health. This translates to reduced healthcare costs and a healthier workforce, ultimately contributing to economic growth. This is one of the benefits of renewable energy to the environment.
V) Rural Development: The installation of renewable energy projects, especially in rural areas, has led to infrastructure development. Improved roads, electricity access, and community facilities have enhanced the overall quality of life for residents.
Now, let’s tackle the question of whether Sustvest investment is good or bad.
Sustvest – How the Entire Process Works
We are a platform that allows investment opportunities for renewable energy projects. The founders are passionate about providing sustainable solutions for global climate problems. Here the entire system works.
We are an authorized legal entity and have our registered office in Gurugram. You need to register yourself on our website by filling in all the basic details like Name, Address, Password, mobile number, email address, etc.
Upload and complete your E-KYC process. The entire approval takes usually 4 hours. It may take longer depending on whether you have entered the correct information or not.
Browse through the different asset classes like solar and wind, and calculate your returns accordingly. All the information is specified in front of you with no misleading or withholding of data. Unlock the due diligence documents and take your call.
Head over to the green vault section, add the appropriate funds via our secured payment getaway, and finish your transaction in one go. We have zero processing fees.
There are different asset classes and you can select your preferred project after checking the details. We take care of the paperwork and the digital documents. You can start earning monthly passive income from your investments and can track your returns anytime you want. Go to the withdrawal section to withdraw your funds.
Investors Behind Sustvest
SolarGridX Ventures Ltd is backed by prominent angel inventors like Paurush Shankar, Sandeep Shetty, and Balaji Vaidyanathan. The company is an active part of the PIEDS society( Pilani Innovation and Entrepreneurship Development Society). Founded in 2013 and registered under the Rajasthan Societies Registration Act of 1958, the main goal of the society is to foster the spirit of entrepreneurship in collaboration with various government initiatives.
The founders, Hardik Bhatia and Devansh Shah are esteemed alumni of BITS Pilani. They have extensive experience in a wide range of sectors and are interested in promoting the idea of sustainable growth in India.
Pros of Investing in Sustvest
Let’s take a look at the pros/benefits of investing in Sustvest.
- Fighting climate change – Achieving net zero emissions by 2070 is a key goal for a carbon-free India. The only long-term solution is to promote the large-scale adoption of renewable energy. Sustvest offers a seamless platform for small, retail investors to take the first step toward adopting planet-healthy solutions.
- Smaller ticket size – This reduces barrier entry for people who have less funds and do not like investing their hard-earned money into riskier options like mutual funds and equities. They can park their funds in solar projects to earn regular dividends.
- Instant liquidity for Infrastructural Development – There are big commercial projects whereby investment allows for rapid infrastructural development.
Cons of Investing in Sustvest
We believe in delivering high-quality investment service. However, you should be aware of certain implications before starting your sustainable investment journey.
- Geo-Political Issues – The renewable industry is going through a phase of rapid technological innovations. Several central and state authorities enact rules that are subject to change. This can impact the dividends that you receive.
- Middleman Strategy– The company acts as a middleman between the contracting parties so the project can close down or get canceled due to various reasons and Sustvest won’t be responsible for such events.
Wrapping up, let’s discuss the commonly asked questions about whether Sustvest investment is good or bad.
FAQs – Sustvest Investment is Good or Bad
Who is Sustvest?
Sustvest is an ESG investment platform. It gives retail investors the flexibility to invest their funds in India’s bis green energy projects. The main aim is to promote the large-scale adoption of renewable energy in the country.
How to invest in a project using Sustvest?
We do not follow any complicated process. You need to register yourself with your KYC details and start selecting the asset classes. Once selected, invest in your preferred project by parking your funds. After the approval, you will earn monthly dividends from these projects.
What is the minimum investment with Sustvest?
The minimum investment size is Rs 5000. However, it can go further down depending on the investment subscription. Please note that the amount is subject to change. You have to regularly stay in touch to find the exact amount.
Is Sustvest a good investment?
Yes, absolutely. Sustvest is a good investment for eco-conscious investors who want to contribute to India’s growing renewable industry. We do not provide any financial advice or guarantee returns as the market valuation keeps changing. You need to do your own research before starting your investment journey.
What is the expected return on investments while investing with Sustvest?
The expected return on investments is approximately 10 to 15% depending on the market conditions.
Is it good to invest in ESG funds?
It is a great way to start investing in ESG funds as they are ethical and promote sustainable investment.
Understanding whether Sustvest investment is good or bad is crucial to start your green investments. We have given you a clear picture of Sustvest and its operating model. Whether or not, you choose it as your investment platform depends on your risk appetite, personal finance goals, and financial strategies. However, if you are interested in eco-friendly investment, Sustvest can be your ultimate partner for building a solid investment portfolio.
Also read 10 Factors Determining Return on Investment.
Founder of Sustvest
Hardik completed his B.Tech from BITS Pilani. Keeping the current global scenario, the growth of renewable energy in mind, and people looking for investment opportunities in mind he founded SustVest ( formerly, Solar Grid X ) in 2018. This venture led him to achieve the ‘Emerging Fintech Talent of the Year in MENA region ‘ in October 2019.