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Various Advantages of Solar Energy There are many advantages that solar energy has to offer over traditional sources of energy like coal and oil. Not only it is completely renewable but is also protects the environment. Here are some of the advantages of solar energy. It’s a renewable resource Solar energy is a renewable source of energy as it can be used to produce electricity as long as the sun exists. Sunshine occurs naturally. As long as we are alive, we are always going to see the sun, which means it is infinite. This energy can be harnessed by installing solar panels that can reduce our dependence on other countries for consistent supply of coal to produce electricity. This makes it an attractive energy prospect for most countries that are looking to go completely green in the future. Although solar energy can not be produced during night and cloudy days but it can be used again and again during day time. Solar energy from sun is consistent and constant power source and can be used to harness power even in remote locations. It’s eco-friendly If you are scavenging the internet in search of ways to minimize your carbon footprints, solar energy is the surefire answer. Solar energy will not only help you dial back on your carbon footprint, but also oversize your systems to ensure you live in a carbon-free house. Some states in the U.S. even allow individuals to invest in other people’s roofs to create a lot more solar energy. Solar energy is an alternative for fossil fuels as it is non-polluting, clean, reliable and renewable source of energy. It does not pollute the air by releasing harmful gases like carbon dioxide, nitrogen oxide or sulphur oxide. So, the risk of damage to the environment is reduced. Solar energy also does not require any fuel to produce electricity and thus avoids the problem of transportation of fuel or storage of radioactive waste. Cuts back on electricity bill One of the most interesting things about solar energy is that it can help you minimize your annoying utility bills. You can accomplish this by installing solar panels in your home. Solar energy takes up energy consuming activities like heating water and heating homes. Solar energy has the potential to save you up to 20% of your energy costs, even after financing costs are factored in. And with the ever rocketing of electricity costs, you could save up to $60, 000 in the next 30 years. Can enhance the value of a home If you are looking to sell your home in the future, suffice to know that installation of solar technologies can significantly increase its value. This especially manifests in areas where buyers are more likely to buy a home installed with solar panels like high populated cities where environmental degradation is taken seriously by the authorities. According to research findings, solar panels can add up to $20, 000 to the value of a house. This figure represents the amount required to install a solar panel, which means you will be able to recoup your money when you sell the property. That represents a bright investment in your property. Requires little maintenance The cost of installing a solar panel can be high. But once it’s up and running, you will enjoy the benefits for many years, while injecting just a small amount for its maintenance. If your energy needs change and you desire to add more panels, it would be a lot easier. Initial cost that is incurred once can be recovered in the long run that range from 10 years – 15 years. Apart from this, solar panels does not create any noise or release any toxic substances. Easy Installation Solar panels are easy to install and does not require any wires, cords or power sources. Unlike wind and geothermal power stations which require them to be tied with drilling machines, solar panels does not require them and can be installed on the rooftops which means no new space is needed and each home or business user can generate their own electricity. Moreover, they can be installed in distributed fashion which means no large scale installations are needed.
Rajasthan Government will provide land at 50% concessional rate of DLC for first 500 renewable energy-based EV charging stations. These projects will get 100% exemption in normal transmission and wheeling charges for a period of 10 years and 100% electricity duty waiver for 7 years.D
Rooftop SPV power plant to abstract the benefit of net metering policy of the states for domestic, industrial consumers of electricity and REC certificate benefit for large industrial consumer of electricity Decentralize and off-grid SPV power plant We provide turnkey solutions from concept to commissioning of Substations, distributions, Electrification, Solar projects and balance of plant related projects.
Rajasthan Gets Rs 4000 Cr Investment for 925 MW Solar Plant ---------------------------------------------------------------------- NTPC and RSDCL are set to sign an agreement with an investment worth Rs 4000 crore to develop 925 MW solar power projects in Nokh Solar Park in Rajasthan In what will become the first largest investment in Rajasthan during the current regime of the Congress government, NTPC and Rajasthan Solarpark Development Corporation Ltd (RSDCL), a subsidiary of RRECL, will sign an agreement to develop 925 MW capacity solar power projects in Nokh Solar Park, near Jaisalmer. As per the agreement, NTPC will develop solar PV projects in the park at an estimated investment of Rs 4, 000 crore, while RSDCL will build the basic infrastructure that would require about Rs 450 crore. The park will be connected to PGCIL’s 765 kV Bhadla-II sub-station. “The agreement follows rounds of discussion between NTPC and RSDCL officials and will bring to Rajasthan the biggest investment in the state’s solar power sector. The NTPC board has already approved the investment in a meeting held on February 7, 2020, and signing of the Implementation Support Agreement (ISA) will officially mark the commencement of the investment inflow to state, ” Ajitabh Sharma, principal secretary, Energy and chairman of RRECL told media. Recently, RSDCL had issued a tender, seeking bids from eligible firms for the construction of 220 kV and 132 kV transmission lines for the Nokh Solar Park in Jaisalmer on a turnkey basis. The scope of work for the selected bidders will include the design, engineering, procurement, installation, testing, and commissioning of the transmission lines on a turnkey basis. The successful bidder will have a period of 15 months from the date of issuance of the purchase order to complete the work on the project. The park is proposed to have four projects, three of 245 MW each to be developed in EPC mode and one of 190 MW in developer mode. For the power evacuation system, RSDCL will construct four park pooling substations and transmission lines for Nokh solar park. Availability of most sunny days in a year, high insolation and large tracts of government, as well as private non-cultivable barren land, make Rajasthan a sought-after destination for solar developers. To harness the potential, the state government has recently launched the new Rajasthan Solar Energy Policy, 2019 and Rajasthan Wind and Hybrid Energy Policy, 2019, giving competitive incentives to investors. The government is also promoting the establishment of ultra mega renewable energy power parks with CPSUs and private developers. In January, we had reported that Mahindra Renewables Private Limited (MRPL), a wholly-owned subsidiary of Mahindra Group cleantech arm Mahindra Susten Private Ltd (MSPL) is planning to invest around USD 171 million to set up an IFC-backed 250 MW solar power project in Rajasthan around 1200 acres at Bhiv Ji ka Gaon Village in Bap Tehsil, Jodhpur District.