Solar Energy
Brochure
More information from http://www.researchandmarkets.com/reports/1285411/
Analysis of Solar Energy Industry in India & Its Future Prospects
Description: The Indian solar energy sector has been growing rapidly, in the past few years, majorly due to Government’s initiatives such as tax exemptions and subsidies. Due to technical potential of 5,000 trillion kWh per year and minimum operating cost, Solar Power is considered the best suited energy source for India. Today the Solar power, has an installed capacity of 9.84 MW which is about less than 0.1 percent of the total installed renewable energy of India’s~ currently total installed renewable energy stands at 13,242.41 MW as per MNRE. India's power sector has a total installed capacity of approximately 1,46,753 Megawatt (MW) of which 54% is coal-based, 25% hydro, 8% is renewable’s and the balance is the gas and nuclear-based. Power shortages are estimated at about 11% of total energy and 15% of peak capacity requirements which is likely to increase in the coming years. The cost of production range is Rs 15 to Rs 20 per unit for the solar energy, which is very high when compared to, Rs 2 to Rs 5 per unit for other conventional sources in India. Much of the country does not have an electrical grid, so solar power will indeed be a boon for water pumping, to begin replacing India's four to five million diesel powered water pumps, each consuming about 3.5 kilowatt of off-grid lighting. Solar energy technology consists of solar thermal technologies, which utilize sun’s energy and solar photovoltaic technology, which convert solar energy directly into electricity. According to the 11th five year plan, the government of India projects a massive expansion in installed solar capacity, and aims to reduce the price of electricity generated from solar energy, to match that from fossil fuels like coal and diesel by 2030. MNRE has set up target to add 14500 MW by 2012, from new and renewable energy resources out of
More information from http://www.researchandmarkets.com/reports/1285411/
Analysis of Solar Energy Industry in India & Its Future Prospects
Description: The Indian solar energy sector has been growing rapidly, in the past few years, majorly due to Government’s initiatives such as tax exemptions and subsidies. Due to technical potential of 5,000 trillion kWh per year and minimum operating cost, Solar Power is considered the best suited energy source for India. Today the Solar power, has an installed capacity of 9.84 MW which is about less than 0.1 percent of the total installed renewable energy of India’s~ currently total installed renewable energy stands at 13,242.41 MW as per MNRE. India's power sector has a total installed capacity of approximately 1,46,753 Megawatt (MW) of which 54% is coal-based, 25% hydro, 8% is renewable’s and the balance is the gas and nuclear-based. Power shortages are estimated at about 11% of total energy and 15% of peak capacity requirements which is likely to increase in the coming years. The cost of production range is Rs 15 to Rs 20 per unit for the solar energy, which is very high when compared to, Rs 2 to Rs 5 per unit for other conventional sources in India. Much of the country does not have an electrical grid, so solar power will indeed be a boon for water pumping, to begin replacing India's four to five million diesel powered water pumps, each consuming about 3.5 kilowatt of off-grid lighting. Solar energy technology consists of solar thermal technologies, which utilize sun’s energy and solar photovoltaic technology, which convert solar energy directly into electricity. According to the 11th five year plan, the government of India projects a massive expansion in installed solar capacity, and aims to reduce the price of electricity generated from solar energy, to match that from fossil fuels like coal and diesel by 2030. MNRE has set up target to add 14500 MW by 2012, from new and renewable energy resources out of