According to American energy independence, every square metre of
Earth’s surface receives 1000 watts of energy from direct sunlight. The website estimates that even with an average efficiency of 15%, a square yard of solar photovoltaic cell can produce nearly 0.75 kilowatt hour of electric energy. India alone receives more than 4800 trillion KWH equivalent of solar energy annually, sufficient to meet all its energy requirements. The nation’s solar energy consumption has been consistently growing at 20% annually. Seeking out the opportunity large companies like Tata, BHEL and Moser Baer have entered the fray. Growing at 30%, Tata BP Solar has recently established its 38 MW plant, making it one of the largest solar energy players in the world. However, one shortcoming prevails. Photovoltaic cells are only 10% efficient and thus may not prove to be viable in the long run. Secondly a compact design for the equipment is still a distant dream.
For Complete IIPM Article, Click on IIPM Article
Earth’s surface receives 1000 watts of energy from direct sunlight. The website estimates that even with an average efficiency of 15%, a square yard of solar photovoltaic cell can produce nearly 0.75 kilowatt hour of electric energy. India alone receives more than 4800 trillion KWH equivalent of solar energy annually, sufficient to meet all its energy requirements. The nation’s solar energy consumption has been consistently growing at 20% annually. Seeking out the opportunity large companies like Tata, BHEL and Moser Baer have entered the fray. Growing at 30%, Tata BP Solar has recently established its 38 MW plant, making it one of the largest solar energy players in the world. However, one shortcoming prevails. Photovoltaic cells are only 10% efficient and thus may not prove to be viable in the long run. Secondly a compact design for the equipment is still a distant dream.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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