The snowballing issue of global warming and its adverse effects suggest that the impact of any new technology on the environment and carbon footprint can no longer be ignored. Renewable energy sources, such as solar, wind, hydro, bioenergy, geothermal, and hydrogen, have received unprecedented interest globally owing to the increasing trend of energy requirement and the need to reduce the reliance on depleting fossil fuel reserves. As per the latest report of International Energy Agency (IEA), the renewable power capacity is set to grow by 50% between 2019 and 2024, led by solar photovoltaics (PV). The installation of solar PV systems on homes, commercial buildings, and industrial facilities is set to increase over the next 5 years, transforming the way electricity is generated and consumed (Figure 1) (IEA 2019). Solar power in India is a fast developing industry. The country’s solar installed capacity reached 31.124 GW on 30 September 2019.
This story is from the January - March 2020 edition of Energy Future.
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This story is from the January - March 2020 edition of Energy Future.
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RENEWABLE ENERGY TECHNOLOGY DEVELOPMENT
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