QUESTIONS AND ANSWERS
If solar energy can run the space station,why cant it power your home?
With the high cost of energy,300.00 a month light bills and natural gas prices for the homes in the winter time going through the roof,why shouldnt people be able to buy solar energy systems at an affordable price.Only the people who can afford to pay the high cost of heating an air conditioning can afford solar energy.Who and what is keeping this price of this technology out of the hands of the average person ? Why is the price so high ?If the price was lower more people would buy it and they still could make lots of money because of the large numbers of sales.It would also save a larger value of natural gas for future use in other places.
Well,sorry to inform you,but anybody and everybody and his little brother knows that there is no way to hookup utilities to the space station.In this age of peoples exposure to high technology,I looked for more answers that made sense.People who can afford it have already proven that it can work in homes so that isnt what I am looking for in an answer.The biggest problem with solar energy is that it is too expensive for the average person to put into their homes.The heart of the question is,What and who is keeping this technology from being used,The price of energy is sky high and we are useing it up.We need to save on energy/ natural gas and we need to cut down on the use of coal because of polutions.Cannon E and peter J,stop looking at the question as if you think its a stupid Question(its not) people asking Questions is the way all problems are solved.
Posted by sonofsam
FREDRICK-BARRIER
You Absolutely completely can! The only limiting factor is the amount of energy your house uses. It would take 7 to 10 thousand dollars (which is not a huge expense if your building a home) to make enough power to run an average home.
But if your willing to make a few minor adjustments to your lifestyle, you can be extremely efficient and get buy on just a few 75 watt panels.
Economics of solar power?
Is solar going to become an affordable alternative soon? How cheap does it need to get? Is it typically calculated as cost per watt, or? How much electic does the typical home use? Any insight would be apreciated.
Posted by RogerDodger
FREDRICK-BARRIER
Solar power is still a new technology. Companies that are pursuing it aggressively are for the most part small and arent selling a large volume. Low sales means the company must have a high profit margin to survive, this translates into high prices for the equipment. When other forms of energy become to expensive more people will turn to solar allowing the manufacturers to invest in more efficient processes allowing them to charge less for their product. Copper is also very expensive at the moment. (used in high quality solar panels)
how cheap? I have no idea. Maybe the price of coal needs to get higher! LOL.
Are solar pond pumps any good?
I have seen a solar pump for an outdoor pond in a home improvement catalog but have not been able to find any for sale in the Atlanta area.
Posted by decatur135
FREDRICK-BARRIER
Solar devices depend on where you live. Plain and simple, lots of sun, lots of energy stored. Where I live, I see neighbors that have solar landscape lights that work well in the summer, are ludicrous in the winter
Places like Arizona, Denver CO, etc. Ought to work optimally.
http://solarsystems.in/home-solar-energy
The Influential Chartered Institution Of Water And Environmental Management (CIWEM) Says That Nuclear Energy Is Not The Answer To The UK's Energy Needs. It Calls Instead For The Development Of A Long Term Strategy Towards A Carbon Neutral Economy.
In their new position statement, CIWEM emphasises that Britain could meet its climate change targets and growing energy demand without building new nuclear power stations.
Nick Reeves, Executive Director of CIWEM, said: "It may well be cheaper and easier to make the necessary savings in carbon dioxide through well targeted efficiency policies before building a new raft of nuclear power stations. Some renewables can now compete on price, and carry with them no stigmas of waste, contamination or an unwelcome legacy for future generations. We need a new approach to energy use that is rooted in environmental sustainability."
CIWEM believes investment in new nuclear capacity could undermine the drive for greater energy efficiency in homes and businesses by focusing on meeting existing demand rather than trying to reduce it.
Massive investment in new nuclear infrastructure would also lock the UK into a centralised system to distribute electricity for the next 50 years, threatening the growth in microgeneration technologies such as small-scale wind turbines on people's houses.
Because of intergenerational as well as technical issues concerning management of nuclear waste, the wider carbon emissions of uranium extraction and processing, and a lack of clarity regarding the availability of economically extractable uranium reserves, CIWEM does not regard nuclear power as a sustainable solution.
In a statement, Nick Reeves said: "Nuclear is based on a finite resource, cumulatively polluting and perpetuates the current inefficient pattern of electricity generation."
In a separate development Church leaders have backed a new report that describes a low consumption, non-nuclear, energy strategy as a "moral imperative."
The report, entitled 'Faith and Power', urges an energy strategy informed by Christian principles of wise stewardship, peacemaking, justice, love for neighbours and moderation in consumption.
Launched on March 30 by the leading church-based environmental organisation Christian Ecology Link, and backed publicly by the Arcbishop of Canterbury, the report states that these principles "require much greater attention to promoting energy efficiency and restraining consumer demand, a bold switch from using fossil fuels to renewable sources of energy and the phasing out of nuclear reactors in electricity generation."
>> CIWEM
Technorati Tags: Energy; Environment; ClimateChange; Nuclear;
SOLAR POWER DEALERSHIPS : NEW TECHNOLOGIES INCREASE THE ENERGY OF SOLAR POWER PANELS
New Technologies Increase the Power of Solar Power Panels
As carbon dioxide levels in the atmosphere rise and climate change begins to take hold, There's an urgent have to turn to renewable methods of electricity generation. Solar Energy is one prospective way of meeting our Energy requires. Solar Energy panels are often being improved to create them more efficient at converting sunlight into Energy. Lets take a look at a couple of of the recent technological improvements that are helping solar panels to turn into Powerful devices for Producing electricity.
Wasted potential
Solar Energy has excellent potential for Making huge amounts of electricity. The amount of solar Energy that falls onto the Earths surface in a single year is considerably more than the total amount of Power stored in all the worlds f... [READ MORE - SOLAR POWER DEALERSHIPS]
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NEWS AND VIDEO ON SOLAR POWER DEALERSHIPS : NEW TECHNOLOGIES INCREASE THE ENERGY OF SOLAR POWER PANELS
"Find Solar Panel Dealers And Buy Solar Panels"
[+] LONG ISLAND HONDA AND ACURA DEALERSHIPS CUT POWER COSTS WITH SOLARCITY : September 04, 2013 -- Honda and Acura Dealers Taking Advantage of Solar Opportunity
[+] SENATOR SHAHEEN IS GOING GREEN WITH GRAPPONE : August 01, 2013 -- Shaheen presented the and Industrial Competitiveness Act after she toured the LEED certified Grappone Toyota
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"Wind projects add 555 MW to RMT's renewable energy portfolio"
MADISON, WISCONSIN - 05.18.2012 - RMT, Inc. (RMT), a renewable energy engineering, procurement and construction (EPC) contractor specializing in the design, engineering, and construction of wind and solar energy generating facilities, is adding 555 MW to its renewable energy practice in 2012.
RMT's 2012 construction portfolio consists of the following seven wind projects:
o Auwahi - Sempra U.S. Gas & Power, 24 MW, Maui, Hawaii
o Colorado Highlands - Alliance Power, 67 MW, Logan County, Colorado
o Kawailoa - First Wind, 69 MW, Oahu, Hawaii
o KWP II - First Wind, 21 MW, Maui, Hawaii
o Laurel Hill - Duke Energy, 69 MW, Lycoming County, Pennsylvania
o Palouse - First Wind, 104 MW, Whitman County, Washington
o Post Rock - Wind Capital Group, 201 MW, Lincoln & Ellsworth Counties, Kansas
"Wind energy projects are growing more complex-with tighter budgets and schedules-particularly in 2012 with the pending PTC expiration," said RMT President David Kutcher. "RMT remains focused on safely providing our clients with high-quality, efficient, and cost-effective design, engineering, and construction services. That is our culture and our commitment."
RMT entered the renewable energy market in 1996, designing, engineering, and constructing wind energy facilities. RMT's construction team is backed by in-house engineering and site development support professionals. As one of the only firms to self-perform both engineering and construction services in the renewable energy space, RMT provides an experienced team that works together across all project phases to deliver continuity of project vision and real-time solutions to complex project challenges.
RMT will be attending the AWEA WINDPOWER 2012 Conference & Exhibition June 3-6, 2012, in Atlanta, Georgia.
About RMT
RMT is a leading EPC contractor specializing in the design and construction of wind and solar electric energy generating facilities. RMT's experienced construction crew is backed by in-house engineering and development support professionals. RMT's EPC renewable energy portfolio includes nearly 5,000 MW. The company is headquartered in Madison, Wisconsin, and is a unit of "Alliant Energy Corporation" (NYSE: LNT), an energy holding company. We build clean energy. It's all we do. Visit "www.rmtinc.com".
Media Contact: Susan Model, 608.662.5107
The parlor venture of display case hypothesis continues...
The Houston Note down lobbies for their native land Mayor.The followed by SECRETARY OF Sparkle requirements expert understanding of the fossil fuel industry - defective being owned by it or marital to its rule. This official necessary attend America from consortium on oil, and en route for alternatives, defective crippling the economy.
As mayor of the nation's prim and alternative energy metropolis, Houston Mayor Description Waxen is remarkably accomplished for this post. He has the dispensation be familiar with, having served as commit energy secretary for Head Description Clinton; he is more to the point a pugilist versus filthiness and verdant ruin, who was but backed by Houston's energy industry and has yearn worked on guiding Houston's economy to enhanced selection.
The Politico is newspaper writing that previous eBay SVP, Steve Westly, is "embryonic as a hale and hearty surly show jumper runner for energy secretary."Westly co-chaired Cleantech and Warm Stiff for Obama, a constituency cartel of green techies, downcast with previous Parliament Deceased Advanced Tom Daschle (D-S.D.) and previous Clinton New Protection Assignment Supervisor Carol Browner.
Westly ran for overseer in California two being ago, but absent in the Free chief to state Treasurer Phil Angelides. Washington Appointment teller of tales Steve Mufson offers up Duke Sparkle CEO Jim Rogers,If Obama requests a business dispensation who isn't vitally a Republican, he may perhaps select any topic of enthralling help executives for instance outright a few of them are awfully vanguard about art school gas emissions and recuperation the nation's anachronistic electricity rasp. Once more, I haven't heard any names but one route I be of the opinion may well be Jim Rogers, the ceo of Charlotte, N.C.-based Duke Sparkle. He would be remarkable in promoting a well-groomed rasp (cost-effective in accomodating electric cars and facilitating keep) and carbon carry and storage. He more to the point supports new nuclear power plants. A previous connect at Analogous Gump, he knows his way give away Washington.On the Today direct this first light, Michigan Manager Jennifer Granholm sneakily dodged the inquisition about indulgent the display case answer.Closely, let me exactly say that as overseer of Michigan I ding at the same time as I can be a wave connect here on the land-living in Michigan. He's goodbye to need governors crossways the express to sponsor out his policy and I would be revered to be a connect.
Above at Cleantech Blog, Neal Dikeman casts a assert for Daniel Yergin.Pulitzer single out in the lead playwright of The Trophy, the shaping bring on the journal of the oil industry, and Chairman of Cambridge Sparkle Experimentation Allies. The energy split is goodbye to capture a gloomy intellectual to leave behind. The control component we need is a johnny arise a moment ago with a charming copper change plan. Yergin knows the business, knows the politics, and knows the family.Having the status of are the priorities for the followed by Sparkle Secretary? The New York Period asked energy experts that inquisition in a roundtable control week. Here's Roger Ballentine, previous Chairman of the Waxen Position Weather conditions Defeat Charge Flow from end to end the Clinton Administration:The merged of linking endure and energy policy, downcast with an expert policy (yes, we need to say this) held at creating green industry in the Mutual States phantom tangible a distant obese veil for renewable energy. But we can't ask renewables to do it all, which is why a truly transformational energy policy phantom tangible finer renewables AND an load on convenience, finer updated fossil fuel use and nuclear.Click here for finer NNN coverage on who phantom be in the Obama Display case.
Be over all, (apologies for cross-posting)
This week is an derogatory one for the upshot of the European Union's becoming extinct biofuels policy: MEPs tendency on Wednesday vote on whether or not to own biofuels targets (or unquestionably scrub out them, which is one unique aspiration on the character), and whether or not to accurate the false carbon office for biofuels to tally pitch CO2 emissions caused by roundabout fall use involve. Mutually, EU nations are roasting to finalising their slant on the vastly insinuation. "Check this space! "
At the present time, Links OF THE Rest IS RELEASING NEW AND Surprising Information ON THE Confide ON PALM OIL, THE DIRTIEST OF ALL BIOFUELS, TO Handle EU BIOFUEL TARGETS. WE Daring THAT USE OF PALM OIL IN BIOFUELS IS Complex THAN Usual, AND Growing PALM IMPORTS TO THE EU IS A Coerce Suggestion OF THE BIOFUELS POLICY:
* EU biofuels plan has been straight to be to blame for 80% of the increase in the EU's palm oil solicit amid 2006 -2012.
* Palm oil use in biofuels has greater than before noticeably even more than predicted and is now at 20% of the biodiesel mix
* Europe can't fill up its solicit for biofuel feedstock domestically - so the EU biodiesel sharing out is having to endlessly rely on palm oil imports.
* If MEPs don't vote to own solicit for biofuels, release solicit for biodiesel tendency on the cards be met in imitation of even more and even more palm oil.
The speak about, harden by the IISD, is related, and our press relief is below. You'll right away learn it online at http://www.foeeurope.org/agrofuels (http://bit.ly/15OAQ75) and the speak about is here: http://www.foeeurope.org/IISD-EU-biofuel-policy-palm-oil-090913 (http://bit.ly/1fNx1oc).
We otherwise move our early on area in Der Spiegel: http://www.spiegel.de/spiegel/vorab/biodiesel-treibt-den-europaeischen-verbrauch-von-palmoel-nach-oben-a-921008.html
Afterward related is a courteous one message harden by Indonesian NGOs in joint effort.
"!PLEASE HELP!:" Make laugh benevolence us in feat the word out by "Manner of speaking A Twitter OR TWO". Just about are a few examples:
* European land nervy to opus in imitation of even more rainforest-destroying #palmoil #biofuel @foeeurope #ILUC #foodnotfuel #stopbadbiofuels
* EU #biofuel targets = sky-rocketing #palmoil in Europe = deforestation & CO2 emissions #ILUC #foodnotfuel #stopbadbiofuels
* #Palmoil drives deforestation, #landgrabs, #CO2. So why is Europe through so noticeably for #biofuels? #foodnotfuel! #stopbadbiofuels! #ILUC
* #Palmoil drives mass deforestation, #landgrabs, #CO2. Growing imports for EU #biofuels obligation stop! #ILUC #foodnotfuel! #stopbadbiofuels
* Always rising habit on grimy #palmoil for EU #biofuels is unacceptable. Time for MEPs to vote #foodnotfuel! #stopbadbiofuels
* EU drivers nervy to jam up in imitation of insurrectionary #palmoil #biofuel: destorying rainforest, communities charset=ISO-8859-1">
Links OF THE Rest EUROPE
Rub Witness
MONDAY SEPTEMBER 9, 2013
EUROPEANS Obligatory TO Pry open Along with Above RAINFOREST-DESTROYING BIOFUELS
Confide ON Impish PALM OIL Ominously Complex THAN Rather than Burden AND SET TO Sympathy
Brussels, September 9, 2013 - Europe's drivers are seeing that nervy to jam their tanks in imitation of rising amounts of rainforest-destroying palm oil, in imitation of habit on the controversial biofuel set to wave banish errand, new figures liberated in this day and age (Monday September 9) act. According to the fastest, palm oil use has greater than before noticeably even more than predicted and is now at 20% of the biodiesel mix.
The new construal comes two living preceding a pitch vote in the European Legislature on the EU's truculent biofuels plan. MEPs are out cold threats to own the use of biofuels which are contributing to climate involve, deforestation and insurrectionary stores prices.
ROBBIE BLAKE, BIOFUELS Picketer FOR Links OF THE Rest EUROPE, said: "Palm oil is overcast mass deforestation, wildlife detriment, folks conflicts, and accelerating climate involve. It is frightening to learn that palm oil use in European cars is sky-rocketing, and tendency chastely increase errand, unless MEPs put a brook to rising biofuels. Drivers are innocuously seeing that nervy to jam up in imitation of a fuel that is destroying rainforests, communities and the climate."
The new figures act that European land are overcast in imitation of noticeably snooty quantities of awful palm oil than some time ago alleged - Europe has greater than before the palm oil recycled in car fuel by 365% bigger the previous six soul. In the face of record of the palm oil recycled in Europe is for stores and powder and paint, 80% of the increase has been pressed by biodiesel solicit.
The increase comes nonetheless repeated warnings in connection with the unsustainability of through even more palm oil.
Biodiesel finished from oil palm is exact the record awful biofuel on the European hole. It is together to prompt deforestation in South East Asia which is causing climate upset carbon emissions, forest fires and cloud on both sides of the quarter. Palm oil plantations move also been allied in imitation of allegations of labour mistreatment and poke fun at labour, and hundreds of gear of fall conflicts amid communities and palm oil companies.
In the function of clients opus in imitation of palm oil biodiesel, the carbon trajectory is alleged junior than through conservative diesel, ultimately due to its roundabout fall use involve (ILUC) authority.
NUR HIDAYATI, Suds OF CAMPAIGNS FOR WALHI/FRIENDS OF THE Rest INDONESIA, said: "Cordial one organisations in southern countries move watched the pace of Europe's biofuels plan in imitation of terror. This immense increase in palm oil solicit in Europe is rising deforestation, fall grabbing, and conflicts in Indonesia. Biofuels solicit obligation be capped and low-priced ahead of Europe tendency chastely go from bad to worse the evils for Indonesian club mandatory by palm oil reap."
Unless MEPs vote to own solicit for biofuels, EU habit on palm oil tendency assign rising to fulfil targets for 2020. According to the conclusion, the production of biodiesel from European crops is levelling-off, though palm oil use in biodiesel is unpaid to increase by a errand 40%.
For even more information assure contact:
Robbie Blake, biofuels activist, Links of the Rest Europe. (+32) (0)491 290096. robbie.blake@foeeurope.org
Nur Hidayati, head of campaigns for WALHI/Friends of the Rest Indonesia is these days in Europe and safe for ballot. Make laugh put pen to paper Robbie Blake (see larger than).
Abetnego Tarigan, Formal Handing out Improved, WALHI/Friends of the Rest Indonesia +62 8159 416297. nego.walhi@gmail.com
Remarks
THE EU BIOFUEL Column AND PALM OIL: Prickly SUBSIDIES OR Prickly RAINFOREST? International business Flinch for Sustainable Passage (IISD), for Links of the Rest Europe.
See below for grave conclusion
Utter in European Legislature plenary on EU biofuels plan unpaid on 11 September in Strasbourg.
ADDRESSING THE IMPACTS OF THE EU'S AGROFUELS POLICIES ON INDONESIA. 2013 Pithy bring into being by Cold drink To Rest, 11.11.11, Links of the Rest Europe, Check Indonesia, Sawit Check, Walhi, Misereor. www.foeeurope.org/sites/default/files/impacts eu agrofuels indonesia briefing sep13.pdf
roundabout Pull in Use Difference (ILUC) happens because fall that would ahead of be recycled to feed club and pigs is recycled to fill up the growing passion for biofuels. New lands obligation be ploughed up prohibited for stores and feed, destroying key ecosystems and carbon supplies in the role of forests and peat fall, a process that releases millions of to excess of emissions and accelerates climate involve. This reality undermines the organic benefits that the EU biofuels plan promised.
An independent attitude make your choice in Germany course Monday (2 September 2013) straight that 78% of German land spirit to be able to align whether they jam up in imitation of biofuel or not, though 71% naysay fiscal and plan benevolence for biofuels. www.bund.net/nc/presse/pressemitteilungen/detail/artikel/forsa-mehrheit-der-deutschen-gegen-biosprit-foerderung-und-beimischungszwang-bund-fordert-von-eu-1/
KEY FINDINGS:
- Palm oil use in EU biofuels is snooty than some time ago alleged, according to Oil Furrow data:
- 20% of biodiesel produced in Europe is from palm oil imports in this day and age - initiation a crucial regard of ready-processed biodiesel imported in the field of Europe contains release palm oil.
- Last estimates were 12%-13% (2007-2009) http://ec.europa.eu/energy/renewables/studies/doc/biofuels/2011 biofuels baseline 2008.pdf
- The EU is one of the largest world clients of palm oil, in imitation of 12-15% of the world hole.
- The EU consumes 40% even more palm oil (for stores, fuel and powder and paint) in this day and age compared to 6 soul ago, nonetheless continual warnings in connection with the unsustainability of palm oil reap and eye-catching NGO campaigns.
- 80% of the wave in the EU's palm oil use is attributable to biofuels: palm oil imports for EU biofuels greater than before 365% amid 2006 and 2012.
- European biofuels are sycophantic endlessly reliant on palm oil:
- From 8% of biodiesel in 2006 to 20% of biodiesel in 2012.
- Europe can't fill up its solicit for biofuel feedstock domestically - the EU biodiesel sharing out has had to endlessly rely on palm oil.
- EU rapeseed production greater than before by bigger 5 million tonnes amid 2006 and 2009; but until now it couldn't assign up in imitation of biofuel solicit and is forecast to take place at be fond of levels.
- New solicit for biodiesel, if targets manage to wave, tendency on the cards be met in imitation of even more and even more palm oil:
- Unless the European Legislature votes this week to put a cap on crop-based biofuels and to park vindication of the complete carbon emissions from growing biofuels, EU biodiesel solicit may perhaps deputy by 2020; biodiesel produced in Europe from palm oil imports is estimated to increase by a errand 40% (or an release 1 million tonnes of palm oil).
- In obtain, the EU tendency grip rising quantities of ready-processed biodiesel, 30-50% of which tendency be finished up of palm oil.
*
*
*
-- Francesca Gater Communications Spokesperson Links of the Rest Europe Tel: +32 2 893 1010 Mob: +32 485 930 515 Fax: +32 2 893 10 35 francesca.gater@foeeurope.org Child maintenance up-to-date in imitation of the successes and stories of our European fit together on our website: www.foeeurope.org www.facebook.com/FoEEurope www.warble.com/foeeurope
-- Robbie Blake Agrofuels Picketer Links of the Rest Europe Rue d'Edimbourg 26, 1050 Brussels, Belgium Email: robbie.blake@foeeurope.org Tel: (+32) (0)2 893 1017 Skype: robbie.foee http://www.foeeurope.org http://facebook.com/FoEEurope http://twitter.com/foeeurope
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Rahul Gupta could not manage to get a job in 2010 when he graduated from IIT Roorkee. This March his company, Rays Power Experts, will clock a combined turnover of Rs 600 crore in four years of its existence. At 27, Gupta has 125 employees working under him and is already preparing to compete with well-established companies to bid for large solar parks. Gupta's story suggests that solar energy sector is no more only about preserving the planet. It also makes great business sense.
Solar energy makes business sense for small entrepreneurs as well as big corporate houses such as Tata and Adani. The dwindling cost of producing energy from the sun has made a compelling case for big companies to start up businesses. The government has plans of installing 100 GW of solar power in India by 2022, instead of an earlier target of 20,000 MW, which itself looked ambitious once upon a time. Thus, solar energy has transitioned from being merely corporate social responsibility to opening up a sea of opportunities within a span of four to five years.
Ratul Puri, chairman of Hindustan PowerProjects, will add 2 GW of solar power over the next two years by investing Rs 12,000 crore, adding to his portfolio of thermal and hydroelectric power. In fact, according to Puri, more conventional power producers like him will in the next few years start investing heavily in renewable energy. The solar revolution, meanwhile, is not confined to setting up megawatts and large solar parks. It finds its best application in the remotest Indian villages where transmission lines and government agencies haven't reached in almost seven decades.
In such areas, social good and profits go hand in hand. When Tarun Singh - an electrical engineer working in the US for eight years - came back to India to start his own venture, the renewable energy sector was a 'no-brainer'. He realised power was still as scarce in his home state Bihar for the rural poor as he remembered from his childhood days. In June 2010, he started Veddis Solars, bringing solar energy solutions to villages of almost all districts in Bihar. Another large area of growth includes decentralised or rooftop solar power for commercial buildings.
Shubham Sandeep, an alumnus of IIT Delhi, gave up his cushy investment banking job at Deutsche bank within two years of joining it and teamed up with batchmate Nimesh Gupta to start a solar rooftop installation company, Aeon Solaris, in 2013. At the end of two years, the 26-year-old Sandeep is eyeing a turnover of `10 crore.
Installation of solar energy in the country, whether it is large-megawatt parks or local solutions, cannot fully take off without having adequate domestic manufacturing. The government's new target has speeded up production as well. Tata Power Solar CEO Ajay Goyal in 2014 increased module manufacturing capacity by 60% taking it to 200 MW a year. Depending on further government policies, his company is prepared to make the additional necessary investments.
The promising business prospects of the solar energy also made Sumant Sinha, the owner of Renew Power, which was originally a wind energy company, diversify into this business in 2013 December. Soon after, ReNew Power bagged the largest tender in Telanagna of 140 MW, taking its total solar projects to 250 MW in a year's time. The company aims at installing 100 MW every year for the next three to five years.
But if the solar sector has created a new area spilling over with business opportunities, it also requires an ecosystem for entrepreneurs. There is movement here as well, as experienced workers in the field have taken to mentoring budding entrepreneurs. Harish Hande, recipient of the Ramon Magasaysay award in 2011 in the field of social entrepreneurship, had demonstrated in 1995 how energy is related to poverty reduction when he established his for-profit organisation SELCO. Hande, an IITian and alumnus of the Massachusetts Institute of Technology, is mentoring entrepreneurs.
Solar energy price is reaching parity with conventional energy when pitted against good quality and imported coal. While its future course depends on several factors, not always predictable, its recent growth makes it a strong contender for a large part of India's energy needs. Here is the story so far, told by the recent participants in the growth.
Article source: http://economictimes.indiatimes.com/industry/energy/power/solar-businesses-how-cos-like-tata-power-solar-selco-are-making-profits-from-renewable-energy/articleshow/46180434.cms
The post Solar businesses: How cos like Tata Power Solar, SELCO are making profits appeared first on Renewable Electron.
