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Solar Solutions: Lighting the path to a greener tomorrow on Earth day

Solar Solutions: Lighting the path to a greener tomorrow on Earth day

Ishan Chaturvedi, Co-Founder & Director, Vareyn Solar
 

Two hundred years ago, we started relying on fossil fuels for our energy needs. Now, we're on the verge of a new energy age, powered by the sun. In our country, we worship the sun as the life-giver, which couldnt have been more true in todays time. India has vast solar potential. With most parts of India receiving 4–7 kWh per square meter per day, about 5,000 trillion kWh of energy per year can be generated over Indias land area. 

This reflects that we are sitting on a treasure trove of energy, and solar photovoltaic power has huge scalability possibilities in India. Not only can solar generate power for our energy needs, but it can also have an impact on the betterment of communities

Solar is the most secure form of energy when it comes to energy security, and it has the ability to meet the entire countrys power requirements. Solar power generation in India has increased considerably in the last few years. In 2022, the country produced roughly 95 terawatt-hours of solar energy and had a cumulative solar capacity of 63 gigawatts. India aims to achieve a total solar capacity of 280 gigawatts by 2030 (source-https://www.statista.com/statistics/1401414/india-solar-power-generation).

As we mark Earth Day once again, it is important to take note of how solar energy can drive us towards a greener future. By tapping into the boundless energy of the sun, solar solutions offer a myriad of advantages, from curbing carbon emissions to fostering energy autonomy.

Solar energy, derived from the sun's rays, is a clean, renewable resource that holds immense potential. detrimental effects of climate change. The Indian solar power market is estimated to increase by USD 273.82 billion and grow at a CAGR of 34.24% between 2022 and 2027 (source: https://www.technavio.com/report/solar-power-market-industry-in-india-analysis)

Unlike fossil fuels, which emit harmful greenhouse gases when burned, solar power offers a way to generate electricity without polluting our environment. This clean energy source plays a vital role in reducing our carbon footprint and combating the detrimental effects of climate change. Among the most widely recognized applications of solar energy is photovoltaic (PV) technology. These PV panels, typically made of semiconductor materials like silicon, capture sunlight and convert it directly into electricity. Whether installed on rooftops, integrated into building facades, or spread across solar farms, these panels offer a versatile solution for clean energy generation.

The affordability of solar technology has driven widespread adoption, leading to economic growth and job creation within the solar industry. As costs continue to decline, solar energy is becoming increasingly competitive with traditional energy sources. This economic viability has encouraged investment and innovation.

The adoption of solar energy can empower local communities, and this is evident by the recent initiative by the Government of India, the PM Surya Ghar Muft Bijli Yojana. This scheme aims to provide financial assistance to 1 crore houses for installing rooftop solar panels. The result? A massive relief from electricity billsfor the citizens who truly need it. Solar solutions have the power to illuminate houses for people from all walks of life. Decentralized solar installations on rooftops can make communities self-sufficient in energy, democratizing energy access and enabling individuals to contribute to India's transition toward cleaner energy sources.

Besides this, solar power can also enhance energy security by reducing our dependence on finite fossil fuels. In areas with limited access to traditional electricity infrastructure, solar microgrids offer a reliable and sustainable energy solution. Coupled with energy storage technologies like batteries, these microgrids enable communities to meet their energy needs independently, fostering resilience and autonomy. Beyond environmental and economic benefits, solar energy has the ability to promote social equity by democratizing energy production.

The National Institute of Solar Energy (NISE) has assessed the countrys solar potential of about 748 GW, assuming 3% of the waste land area will be covered by solar PV modules. Solar energy has taken a central place in Indias National Action Plan on Climate Change, with the National Solar Mission (NSM) as one of the key missions. NSM was launched on January 11, 2010, with the objective of establishing India as a global leader in solar energy by creating the policy conditions for solar technology diffusion across the country as quickly as possible. This is in line with Indias Nationally Determined Contributions (NDCs) target to achieve about 50 percent cumulative electric power installed capacity from non-fossil fuel-based energy resources and to reduce the emission intensity of its GDP by 45 percent from the 2005 level by 2030 (source: https://mnre.gov.in/solar-overview/).

In a world battling environmental challenges and escalating energy demands, solar solutions hold the key to a brighter, cleaner, and more resilient future. The escalating energy needs of a growing population necessitate sustainable alternatives, and solar energy offers a viable solution with decreasing costs, making it increasingly accessible to households and businesses worldwide, particularly in sun-rich regions like India. Solar solutions, unlike conventional energy sources, do not emit greenhouse gases. This makes them viable options in fighting against climate change and environmental degradation. Moreover, the growing solar industry is driving job creation and economic growth globally, offering employment opportunities ranging from manufacturing and installation to research and development.

Solar solutions are the path to a sustainable future on Earth Day and beyond. By harnessing the power of the sun, we can illuminate the path towards a brighter, cleaner world for generations to come.

 




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