In the days of the economy slowdown and inflation, the West Bengal Green Energy Development Corporation has come up with the solar idea to take over the power as well as economic crises.
The West Bengal Energy Development Corporation is all set for the project of two MW photovoltaic solar plants at Jamuria near Asansol. If given full-fledged attention, this project will create a landmark in India’s renewable energy sector. It will not only be the largest solar plant in India but also will be acting as a catalyst in enhancing the money transactions. India has attracted huge investments in solar energy sector from American companies. An Astonefield renewable source is set to invest $2 billion in the energy renewable sector of India. It will commission 1.5 MW each in West Bengal as well as in Rajasthan. Moser Baer is also coming up with its 5 MW project in Rajasthan which will come into existence next year.
The first official trade mission of US President Barack Obama aimed at promoting solar energy in India. The minister of commercial affairs at US embassy, Carmine D’Aloisio said about the President’s mission that “This is Obama Administration's first official trade mission to India and it is on solar energy. Energy is becoming the focal point in the US-India relationship. We are here to understand policy environment and regulatory environment to develop business relationships between India and US companies”.
Since India is a tropical land where the tropical and sub-tropical region stretches up to 2.97 million square kilometers, solar energy plays a significant role in providing energy to a large share. Indian states like Orissa and Andhra Pradesh have the best quality of silica reserves which helps in utilizing the solar energy. Till now approximately 1.4 million solar photovoltaic (PV) systems have been installed which will serve the lives of millions of people of our country and solve the problems related to education, electricity, agriculture and industrial needs. Due to the following reasons India is estimated to emerge as fourth largest market for solar energy following Germany, Japan and China in the forthcoming years.
Government of India has also led its helping hands in promoting this sector of renewable sources. It has announced to provide Feed-in-Tariff (FiT) a scheme to support this project financially up to RS 12 per KWh.
The introduction of solar energy in India on a grand scale will not only help in combating the environmental losses but also surging oil prices. The draft strategy, which was first published in The Hindu, reveals that by 2050 the nation targets at 200,000 megawatts of solar generation. At an initial level, the project will require large amount of money. But with the expansion of market and the improvement of the technologies the cost can be reduced.
We have much relied on the conventional sources. It is the time to give pace to the non-conventional ones so that the harmful effects of carbon emissions could be fought back to the fullest. Government needs to act positively and make certain policies in order to promote this project.
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