Solar energy is present everywhere in abundance, and is more than enough to illuminate the whole earth. At Crystasol Energy, we assess your energy requirement, identify system components needed and integrate the whole components to generate the optimum output. So, let’s begin with its working, your bill and savings, time it takes to install and your payback period:
India currently suffers from a major shortage of electricity generation capacity, even though it is the world's fourth largest energy consumer after United States, China and Russia. Around 54.2% of India's installed electricity capacity is met by coal fired plants. Solar power being renewable and cleanest source of energy, it holds the key for sustainable economic development. For “Make in India” campaign to be successful, we have to look beyond conventional sources of energy.
To install 175 GW by 2022.
100% Electrification throughout the country.
RBI guidelines to add renewable sector as priority sector in banks.
Setting up dedicated transmission corridors.
Low cost financing support from bilateral and multilateral agencies.
Proposed Amendments in Electricity Act including open access reforms and enhancement of RPOs (Renewable Purchase Obligation).
There are lots of factors which make the solar the most favorable of all renewable sources.
High Solar Irradiance Level in India
Solar energy is easily accessible and available in abundance
Solar energy is free of cost
Pollution free
Most environmental friendly renewable source of power
Plummeting price of solar panels
Investing in a solar power project is safer bet than a wind power project. Here’s comparison:
Sr. No. | Points | Wind Power | Solar Power |
---|---|---|---|
1 | Maintenance | High Maintenance | Less Maintenance |
2 | Warranty | 6-7 years warranty of wind turbine | 25 years manufacturer’s warranty of solar panels |
3 | Life of project | Lowers the life span of wind project | Life of project is atleast 25 years. |
4 | Space | Heavy wind flow sites are occupied | High insolation sites are still available |
5 | Power Generation | Power generation is unpredictable | Power generation is steady and predictable |
6 | Units | Wind turbine is single unit | Thousands panel makes a park. |
7 | Faulty Unit | A Faulty turbine will result in shutdown of whole plant | Faulty panel will result in at most 0.1 % drop in electricity |
8 | Land Appreciation | Low benefit from land appreciation value after 25 years | Huge benefit from land appreciation value after 25 years |
9 | Stage | Wind Energy Industry has already matured | Solar Industry is in nascent stage |