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Asia Energy Green Energy

4 Ways Indian Solar Industry Has Been Impacted by COVID 19

The COVID-19 pandemic has had large-scale effects on all industries across the world. Unfortunately, the solar industry is not isolated from this impact, and uncertainties are leading to concerns for many businesses. Moreover, the crisis comes at the peak of India’s solar project execution. The country has ambitious goals of meeting the 100GW Solar Energy target by the coming year, and while we’re still behind on these targets, the industry is plotting strategies to get closer to the goals. 

Image Source: Luminous

Challenges Posed by COVID-19

  • Ongoing solar projects in India have come to a halt. The developers are concerned about their delayed projects due to the slowdown all across the world and lockdown restrictions in India
  • With the industry depending on China for close to 80 per cent of their solar supply requirements, the manufacturers are facing major disruptions. 
  • Manufacturers are witnessing delays in procuring modules, solar cells and other essential supplies. 
  • 85 per cent of the workforce in the industry are migrant labours who have returned to their hometowns and villages. 

Tackling Challenges and the Road Ahead 

The government of India has taken some major steps to provide respite to the solar industry and formulate a stimulus plan that is efficient and green. 

  1. The government has classified solar as an essential service and allowed the movement of commodities. This has proven to be incredibly helpful in tackling these challenges. 
  2. The Reserve Bank of India has offered a moratorium for a quarter on the repayment of term loans.
  3. The Ministry of Power has recently proposed the Electricity Act (Amendment) Bill 2020. This bill is undoubtedly a step in the right direction and can bring about some critical reforms in the renewable energy sector. 

With these steps in place, it is now possible to get a solar panel system for your homes even in the midst of the pandemic. This means that you don’t need to wait in order to enjoy the benefits of solar energy at home. 

Wondering if you need a solar panel system? The following factors will help you decide. 

  • Solar Power is Environmentally Friendly. This means that you don’t need to worry about harming the environment as you run your electrical appliances. 
  • Solar Electricity is Cost-Effective. Once you install your solar power system, your electricity bills will be significantly reduced. 
  • Your Property Rates Go Up Too. Solar homes tend to sell at a much higher rate. This is why getting solar panel systems for your home is a lucrative investment

These factors make it clear that your home needs a solar panel system. However, before you get set to install this system, there are a few things that you need to keep in mind. 

  • Consider the condition of your rooftop. This is important because it can get hard to repair your rooftop once the solar panels are installed. So, in case your rooftop needs repair, it’s a good idea to get that done before installing the solar panel system. 
  • Consider your energy requirements. It is important to understand how much energy you would need your solar power system to generate. This would help you choose your systems wisely. 
  • Do you need a battery? In most cases, it is recommended to get a battery along with your solar panel system as it stores the extra energy produced by your solar panels and supplies that energy at night or when there’s less sunlight. 

Aside from these things, another thing you should keep in mind before installing a solar panel system is the brand of your system. You must go for a well-known, reputable brand such as Luminous as such brands offer quality products that are durable and come with a good warranty period. Visit their website to know more about their products. 

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Energy Green Energy

5 Reasons Why Solar Roofing Is More Profitable Than the Conventional Kind

What is that one part of your home that gets the most sunlight? Of course, it is the roof. It is particularly why solar panels are installed on the roof. Have you considered the possibility of converting the entire roof into a solar panel?

Not only is it possible, but it is also profitable.

Tesla might make everyone think that solar roofing is their idea, but the concept has been around for a while. Whether you go for Tesla style solar shingles or the regular solar roof, one thing will remain the same – it will cost you more than a conventional roof.

However, when speaking of cost, people often overlook the benefits of a solar panel. These benefits are not apparent right away, but they prove extremely profitable in the long run.

When it comes to solar roofing installation, the benefits out ways the let downs against the conventional roofing solution. Here are five reasons why solar roofing is more profitable than the conventional kind.

Why Solar Roofing? Is It Worth All The Buzz?

5 Reasons Why Solar Roofing Is More Profitable Than the Conventional Kind
Solar roofing has become a rave of the moment, but not many are aware of its amazing features. Here are five reasons why you should give solar roofing a try in your home or office.

1. Solar Roofing Is Environment-Friendly

There is no second opinion about it. Environment-friendly choices are the need of the hour. The whole world is suffering from the side effects of global warming. And it is all because of the careless choices we have made over the decades. Now it is time to make more conscious decisions, on a much larger scale. Smaller acts won’t add up to a significant effect unless we make a bigger decision. We are talking roof scale big here!

Solar energy is renewable energy. When you power your home with solar, you are not leaving behind any footprint on the atmosphere. There is simply no harmful emission or any adverse effect of solar on human health or the environment. Since it is the only planet we have and the same planet we will inherit, the profits will surely be reaped by generations to come.

Now,by comparison, a conventional roof is a contributing factor in global warming. Scientists are constantly working on ways to reduce the amount of heat created by roofs. Many solutions have been proposed,but nothing is as effective as solar roofing.

2. Solar Roofing Increases the Value of Your Property

Property is an investment. Even if you buy a home you plan to live in, you never know when you will have to sell it. So, it’s important to always think of in terms of resale. Solar energy is now considered a great way to enhance the value of any property. Homebuyers understand the kind of saving they can expect. And we aren’t just talking about one or two panels, we are talking about a whole roof that acts as a solar panel.

According to a recent study in this regard, solar installations can improve your property’s value by around $16000. The difference can be higher in states that offer better tax incentives. A solar roof will make your home appear modern and up to date. It will attract buyers who are more interested in greener choices. Since there is still a dearth of eco-friendly homes, you will have the upper hand in negotiations.

3. Solar Roofing Can Offer Tax Benefits

As the mercury rises beyond historical limits every year, the government is trying to encourage more and more people towards eco-friendly choices. It is why they are constantly offering tax cuts and credits for people who invest in green energy in their homes.

With Solar roofing, you will be eligible for the 30 percent federal tax credit, plus any additional credit applicable in your state. Moving forward, we can only expect improved incentives for solar installation. We might even see better incentives for solar roofing as compared to simple solar panel installations. Some states have an additional 20 to 25 percent credit. This means the cost of roofing will be slashed in half, which will be close to if not lower than the cost of the conventional kind.

A fair estimate is that you can easily recover the cost of solar roof installation within five years. That is just one another reason why overhead cost should be the last thing you should worry about when thinking of solar roofing.

4. Solar Is All About Long Term Savings 

Take out the solar installation calculator and get an estimate of solar roof installation. The figure might seem too high as compared to the cost of conventional roofing, but that is just half the story. The easiest way to understand the difference is to think of a conventional roof as an expense, and solar roofing as an investment. Whatever you invest in solar panel installation, you are likely to get it back within five years or even less. We can always count on better tax credits and policies.

As mentioned earlier, a solar roof will bring in plenty of tax incentives your way. There are federal and state tax credits. There is a significant increase in your property’s value. Not to mention, solar roofing is better at insulation,and your overall heating and cooling needs will also subside.

Categories
Energy Green Energy News

The World’s First Solar Panel Road Unveiled in a French Village

World’s first solar panel road unveiled in a French village. Innovation they said would certainly rule the world, and that’s exactly what is happening at Tourouvre-au-Perche in Normandy, France. The small village is determined to take solar panels off the roof to the street. The town is boasting of housing the world’s first solar panel road ever to be recorded. The 1 kilometer long route approximately 0.6 mile enclosed by 2,800 sq/km of electricity generating panels was unofficially declared opened yesterday by the country’s minister of ecology, Ségolène Royal.

French village boast itself as home to the world’s first ever solar panel road network.

WattWay - Solar panel road

While thinking about the rationale behind the solar panels being installed on a road as per longevity of the panels, the officials reported that the panels have been protected with a protective resin made of silicon sheets to assist to resist the heaviness of over 2,000 motorists which make use of the road, while taking into care the friction between the tyres and the solar panel road.

This is not the first and yet, it is not going to be the last time such an interesting idea like this has surfaced. A very similar project of such was pronounced back in 2014 in Amsterdam, Netherlands but the difference is, it was to be constructed on a circle path unlike this one that’s on the road.

Solar panels well-layed on a road network in Normandy, France
Solar panels well-layed on a road network at Tourouvre-au-Perche in Normandy, France.

The project is half-way up to its acceptance level and officials are really looking forward to WattWay’s answer to generating enough energy to power street lighting all across the town with 3400 residents before 2019, says The Guardian. If the project proves to be successful, the Royal would want the panel to be installed in every 1,000km (about 621 miles) of road in the country, and they currently have a total of 1 million km (approx 621,000 miles) of road network.

But there’s a problem!

The cost implication of completing a stretch of road goes for about 5 million Euros (approx US$5.2 million), leaving us room to question the project’s actual value. Here’s what Marc Jedliczka, the vice-president of Network for Energetic Transition (CLER) told Le Monde regarding it:

“It’s without doubt a technical advance, but in order to develop renewables there are other priorities than a gadget of which we are more certain that it’s very expensive than the fact it works.”

However, in its effort to reduce the cost of production of the solar panels for the road energy distribution system, Colas, the manufacturing company behind the solar panel roads, is working around the clock to make it work for a better and affordable rate. In the same vein, the company is also working on hundreds of other solar side-projects both in France and abroad.

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Designs & Invention Energy Green Energy

Can Your House Rely 100% on Solar Power?

Solar energy hasn’t always been available to homeowners, but in the past few years more and more people have looked into the option of replacing the traditional energy sources. Since solar power provides cleaner and more sustainable energy, it lessens the impact that each individual living in the home will have on the environment. It can also provide significant cost savings over the life of the panels.

How to Start

You may know people at work or in your neighborhood who have installed solar panels on their homes to help save energy and cut costs. The process does require an initial investment; you have to pay to have the panels installed on your roof. You can learn more about the pros and cons of solar energy, as well as gain information about how many panels you might need on your home, by asking an expert or doing some research. Some homeowners choose to install solar panels themselves, but this can be a dangerous undertaking since you will have to be on the roof.

Is It Really Possible?

A Typical solar panel installation in a home
Image via Flickr by Tim Fuller

Some people use solar power to provide small amounts of energy to specific parts of the home, such as a solar-powered heater for a swimming pool or spa. It hasn’t always been available to provide power to an entire house, but improvements in the technology have made this feasible. Homeowners who want to go solar will have to switch out their incandescent light bulbs to low-watt fluorescents or LED lighting to reduce the amount of energy that each light uses. You might also need to look at other options to reduce energy usage, but after making these small changes, you can power your home completely with solar energy.

Also Read: Alternative energy? Why even Comparing Electricity Prices with Other Fuels?

Things to Consider

If you live in an area of the country where sunshine isn’t very common, solar panels may not be the best option for you. Foggy and overcast climates won’t allow the panels to produce enough energy, which means it will take a lot longer to make the investment worthwhile. On the other hand, if your area does get a lot of sunlight and you choose solar power for your home, laws may require that the utility company pay you for the excess electricity produced by your solar-powered system.

When discussing options for solar panel installation, be sure to talk about warranties and other issues up front.

Also Read: The advent of Solar powered AirPlane by Bertrand Piccard

Other Benefits of Solar Panels

Aside from saving money and reducing the amount of energy you use to power your home, adding solar panels also offers another key benefit: drastically increasing the value of your property. Real estate agents throughout the country are looking for homes that already have solar panels so they can provide this as a selling point to customers. Federal tax credits and other rebates can also help offset the cost of the initial investment you made to get the solar panels. The estimated point at which a homeowner breaks even on the cost is about 3.6 years after installation.

Facts and Figures about Solar power

According to recent studies, the installation and usage of solar panels on your home can decrease your family’s carbon usage by over 35,000 pounds per year. You would have to plant nearly 90 trees every year to offset that much carbon dioxide. You may also be able to save a monthly average of $84 for electricity costs, although the number varies based on size and energy usage of your home. The price of solar panels has also decreased by about 60 percent in the last four years, making it more affordable to choose solar energy.

While there is an initial cost associated with solar panel installation, it is undoubtedly worth the investment if your climate is sunny throughout most of the year. Not only will you save money each month, but you can also feel good about using energy that is completely sustainable and produces no carbon footprint. With the advancements in solar technology, it is now easier than ever to find an experienced professional in your area who can help you determine the best course of action for converting your home to rely on solar energy.

So, my question is, can you solely rely on solar power as the main source of energy in your home? Tell us why.