Technology wins the race – Think Innovation Think Solar
India is banking on solar power and ranked third in terms of investment in renewable energy. India is bulling towards the 100 gigawatts grid mark to be met by 2022. Today technology is playing a significant role in every industry, including the solar industry. Technology allows entities to harness this resource in several ways.
There are three primary technologies that solar energy uses: Photovoltaics (PV), concentrating solar power (CSP), and heating and cooling systems. which collect thermal energy to provide hot water and air conditioning.
Photovoltaics (PV)
Photovoltaic (PV) technologies directly convert energy from sunlight into electricity. PV modules contain no moving parts and generally last thirty years or more with minimal maintenance. PV electricity output peaks mid-day when the sun is at its highest point in the sky and can offset the most expensive electricity when daily demand is most significant. Homeowners can install a few dozen PV panels to reduce or eliminate their monthly electricity bills, and utilities can build large “farms” of PV panels to provide pollution-free electricity to their customers.
Concentrating Solar Power
thermal energy to drive a conventional steam turbine to make electricity. The thermal energy concentrated in a CSP plant can be stored and used to produce electricity when it is needed, day or night. Concentrating solar power (CSP) plants use mirrors to concentrate the sun’s thermal energy to drive a conventional steam turbine to make electricity. The thermal energy concentrated in a CSP plant can be stored and used to produce electricity when it is needed, day or night.
Solar Heating & Cooling
Solar heating and cooling technologies collect thermal energy from the sun and use this heat to provide hot water and space heating and cooling for residential, commercial, and industrial applications. These technologies offer a return on investment in 3-6 years.
Today energy efficiency will play a role, particularly in the business and commercial, and industrial sectors. In this sector, we also see new technologies like BIPV solar technology, Solar Skins, Solar fabric, Photovoltaic solar noise barriers, etc.
With all the technological advancements in the solar industry, Technology will win the race.
