Thursday, December 13, 2012

Harnessing the Sun Viability of the utilization of Solar Energy in India


Abstract
The ever-increasing demand for energy and the deteriorating sources of non-renewable energy have led mankind to look for alternative sources of sustainable energy. This study discusses the feasibility of the implementation of solar photovoltaic technology in India, on the domestic scale, power generation scale/electricity grid supply/contributor scale and towards the replacement of diesel generators. High initial investment compared to power cost from conventional sources makes solar photovoltaic less attractive. However, the lower operating and maintenance costs, longer operating life, increasing conventional fuel prices, growing awareness of the need to adopt environment friendly energy sources etc are posing for healthy growth of photovoltaic application. Especially non-grid application areas like telecommunication towers and remote villages greatly benefit from solar photovoltaic technology. Technological developments in solar photovoltaic are also bringing down the prices of solar panels which in turn would make solar power cost effective. With the existing climatic conditions, energy demand and help of government subsidies, solar power plants in India can be attractive investment opportunity.

Authors:
1.             Hemant Nagda (DJSCOE CHEM – 2004)
2.             Gauri Bhagwat (DJSCOE CHEM – 2007)


              

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