Project Reports on Solar Power System Cost And Business Analyses For Future GrowthIndustrial project report on solar photovoltaic power plant, Industrial project report on solar pv power plant
When you are thinking of solar power system, you will have to think of the solar PV cells in the complete PV systems. The solar power system cost has fallen and hence you would find it to be almost like the price of coal in the country. The fossil fuels are getting exhausted and soon solar power will take over as the main source of energy all over the world. Hence many people are trying to work with projects like solar power system and we at Engineers India Research Institute shall give our support to a complete research based on such concepts. The solar energy is going to keep the earth free of the smoke and pollution. The solar projects are varied.
Solar energy is one such energy and can give about 60percent of the future power requirement in the world. You are therefore much interested in this solar energy project and on generation of solar energy. It has a broad scope and would be a very good subject for research for us. We at Engineers India Research Institute have worked on such project reports and there are few common projects that you can work with – when you are interested in the
solar panel mini project.
Solar Power System
We shall find out the detailed efficiency of the
solar cells and the capacity of the cells to convert sun’s energy to electricity. Our engineers are highly qualified to work in such areas and there are experts on these particular subjects to supervise the whole project report for you. We shall check the solar system and the sizing which depends on the load requirements. Our team members shall find out the capacity of the system so that it can be good for appliances of low wattage and the ones that have got high wattage.
We shall also find out about the solar energy powered appliances and the extent of the system to be highly energy efficient. There are areas that are important to assess and that is - how much sunlight a system would require for generating electricity available at a particular location.
Traditional energy source and solar energy production
These projects work with the energy emitted by the Sun. This energy is converted into electricity by direct or indirect method. There are solar products manufacturing industry and other mini projects with the solar panels. We have our team in EIRI and they work on various aspects of such solar projects. They work on the stable energy that is going to be produced in the project and they also check out the demand of such energy in the market.
We check the potential of the solar photovoltaic market and the number of companies that are involved in the business of such solar modules. There are some companies that are doing business of the solar PV cells and other companies that work on assembling and regular supply of the PV systems.
The solar products manufacturing industry is entering a long period of growth created by the following:
• Stable energy demand growth
• Increases in conventional energy costs (hydrocarbon)
• Decreasing costs and increasing efficiencies of solar products and systems
• Subsidies and incentives for end-use and manufacture
• Carbon, climate change, other political forces, and Renewable Portfolio Standards and Goals
Solar photovoltaic (SPV) market in India is at nascent stage but has huge potential to grow. The SPV capacity in India is 100 MW. The market comprises of 20 companies engaged in the business of solar PV modules and 15 companies engaged in the business of solar PV cells while there are 50 companies that are engaged in the assembly and supply of PV systems.
The overview section provides an introduction to the overall renewable energy market including the share of renewable energy in the overall power sector in India, growth, and the share of the various segments of renewable energy, followed by a brief study on the photovoltaic technology and the overall solar photovoltaic market in India including region-wise distribution. An analysis of drivers reveals that abundant solar radiation, rise in foreign trade, fall in prices of raw materials, availability of funds, demand for off-grid PV applications, demand – supply gap and rise in polysilicon plants is driving growth in this sector. The key challenges identified are high costs for setting up large scale grid connected solar PV projects, lack of supply of silicon wafers, lack of standards, land acquisition problems, lack of consumer awareness.
India is one of the leading electricity generators in the world and ranks fifth in terms of total installed generation capacity. Almost two-third of the electricity generated in India is produced using coal, followed by hydro power and nuclear power. India’s current installed electricity generation capacity stands at 165GW and it is estimated to reach 950GW by 2030. To meet this demand, India will have to shift its focus to renewable energy resources and it has already started moving in that direction. In July 2009, Indian government announced its target of producing 20GW of solar power by 2022 under the Jawaharlal Nehru National Solar Mission (JNNSM). With more than 300 days of sunshine per year coupled with investor friendly policies and solar energy promotion, India’s solar power sector offers a great market opportunity.
India an increasingly attractive market
India installed around 30 MW of photovoltaic (PV) capacity in 2009. It also passed a solar energy law at the start of the year. The combined goal of this Jawaharlal Nehru National Solar Mission (NSM for short) is the installation of 20 GW of PV and concentrating solar power (CSP) capacity by 2022. During an initial phase running until 2013, a feed-in tariff of 17.91 INR/kWh will apply. The maximum installation level for 2011 is set at 150 MW, and at 350 MW from 2012 to 2013. Project size is limited to 5 MW. If the maximum capacity is exceeded, those projects which offer the greatest rebate on the feed-in tariff are selected by means of a reverse bidding process. Applications for three times the capacity have already been received by the government for 2010. The Indian authorities must now demonstrate that they can organise the various administrative processes in a rapid and trouble-free manner. For 2010 Bank Sarasin forecasts a newly installed capacity of 80 MW, a growth rate of 166%. On average the Indian PV installations will grow by 76% annually in the period of 2009 to 2015.
Creating reports for your requirements
We have checked that solar panels and power generations are a requirement of the future but the tobacco industry is also something that is appreciated worldwide and has got a good market throughout the world. Come to us so that we can work with dedication for your solar power system costor for solar panel production. We shall prepare a project report on which you can depend on for your future business plans. We have our experienced team who are extremely knowledgeable in working on each of the research works to bring about right conclusion for any one of your business plans.
