Renewable source of energies are playing an important role in the national and international podium. There has been tremendous increase in solar power in India and this energy is utilized for further development of the household and industrial sector.Various initiatives have been taken to promote the development of Solar Power in India. This renewable energy is not only strengthening the economic sector but it is also empowering the social sector by creating many employment opportunities. Thus, solar power can be considered an important tool for promoting overall economic development.