Here you can find Solar Panels and technological accessories related to Solar Energy: Click Here If you want to learn about Solar...
Here you can find Solar Panels and technological accessories related to Solar Energy: Click Here
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it is to India now and the country is the world's third largest greenhouse gas emitter after China and the United States but it's looking to change that by increasing efforts to boost its non-fossil capacity namely solar and wind energy as well as nuclear and hydro and bio power it wants to reach 500 gigawatt capacity by 2030. now this would raise its share of non-fossil energy from the current just under 43 percent up to 50 percent coal at the moment accounts for over half of India's power generation capacity hydropower accounts for 13 percent wind and solar together make up 25 percent and to help to reach that goal India's government is issuing tenders it hopes will encourage the installation of renewable energy sources earlier I spoke to our correspondent in Delhi charukartike and I asked him how India wants to split up this plant capacity among the different ways of generating green energy well uh Chris what we know so far is that at least uh 10 gigawatts of this is uh going to be wind power capacity per year uh the rest of it could be solar or a solar wind hybrid kind of a model what is significant is that this will Mark a break from the past India uh has so far never been able to bid out more than 15 gigawatts per year so taking that up to 50 per year that's a big jump now India missed its Target to install 175 gigawatt in renewable energy capacity by this year why should the country be more successful uh in trying to reach the current goal well you know Chris India is be conscious of the fact that it is known as the world's third largest emitter of greenhouse gases and it wants to reach Net Zero by 20 70 it has already placed that uh this has already promised that Target but the problem is that the country is in a tight spot because of its ever Growing Power demand 1.4 billion people now leaving the pandemic behind so uh and at least in the Northern parts of the country there are long summer heat waves and colder than expected Winters so all of this is perpetuating the problem and uh pushing the power demand every year up so how to keep up with this and to prevent power Cuts that's the challenge uh charu all of this comes as India's our power output in order to satisfy this this hunger for energy is growing at its fastest Pace in more than three decades and it's mainly fueled by coal well right Chris that unfortunately is the sad part coal is still the biggest part of India's Energy Mix uh currently It is believed to be more than 70 percent and so India is conscious of the fact that there's a heavy responsibility on its shoulders to say goodbye to Coal eventually and to bring down its emissions the Silver Lining however is that renewal power is also growing according to one report the renewable energy capacity excluding big hydro and nuclear power right now exceeds 122 gigawatts so the goodbye to Coal is a is a sort of a long-term process but right now that does remain a challenge Chris as always thank you so the Indian government wants to massively support the extension of solar power but even on a small scale there are hurdles take a look is a Financial Consultant who now works from home which means his electricity use has spiked [Music] he tried to set up solar panels on his roof to lower his carbon footprint but ran into a problem living in a city like Mumbai right you really understand that the rooftop is like a communal space it's a shared space it's not um like the other cities where you have your own house your own rooftop that you can you know use or control so getting access to the rooftop to set up a solar panel who owns that electricity because that electricity certainly can't be claimed by only me this is one big problem several renters and homeowners in crowded cities like Mumbai are facing and it accounts for a large gap between the country's ambition for rooftop solar generation and the reality on the ground India's Target was to produce around 40 gigawatts of energy from rooftop solar Generation by 2023 so far only 8 gigawatts have been generated other factors holding it back are a lack of standardization in solar policies and practical financial support for solar installations foreign but there are now a few startups in India working to bridge these gaps like Perry urja that has raised private investment to install low-cost solar panels for residential communities so far they have set up solar panels for 100 residential complexes in Mumbai Pune and nashik their model involves a long-term leasing contract and financial support eventually the communities will own the panels so with us the Tariff is fixed for 15 years that is one benefit second it is immediately at at Day Zero it is 50 of your cost and three it is free uh you know when when you set it up at the end of 15 years the plant is transferred to the consumer free of cost they are working with a bangalore-based technology startup called Sunday grids also attempting to make solar energy more accessible and affordable by going digital is it possible for us to basically decouple the both the problems of a having to go wanting to go solar on one side and having a physical insulation does it necessarily have to happen on your own rooftops it sounds novel but it's similar to a credit trade scheme how it works is Sunday grids rents grids like those belonging to the residential solar project from Perry urja the units of energy produced here are marked as solar credits and can then be traded on their platform customers can invest in the panels monthly and Reserve units of solar credit and this platform was exactly what shelvani was looking for foreign ...
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