Manoj Bhargava, 62-year-old NRI billionaire and philanthropist, on Friday, revealed the ‘Free Electric’– a hybrid bicycle which generates electricity. It is the main item constituting his clean and affordable energy project.
Priced between Rs 12,000 and Rs 15,000 per unit, the bicycle, which takes human mechanical energy and transforms it into electricity, can provide up to a full day’s worth of electricity with just an hour of peddling. As an affordable and clean energy producer, the device would be a welcome initiative in rural areas and other economically weak sections of the society.
The device has a simple design and anyone with some basic tools can make repairs if necessary. Bhargava believes that the ‘Free Electric’ is set apart from alternatives such as solar cells due to its robustness. The device was designed and developed in the US, but will soon be produced in India by companies picked by Bhargava.
Bhargava aims to distribute the item all across India, though he didn’t share a timeline for this nationwide launch. For now, it is to be launched in Uttarakhand first. Bhargava has not approached the Indian government yet but any help from the authorities is welcomed.
‘Free Electric’ is lined up for distribution by March, 2016. Bhargava believes that once the benefits of the device are adjudged by the people, demands for it will grow by hundreds and thousands.
“There are approximately 1.3 billion people around the world who do not have access to electricity,” said Bhargava, commenting on the main reason behind his initiative.
“The ‘Free Electric’ hybrid stationary bicycle was conceived as a product to provide electricity to this population. I am confident that this innovation will have meaningful and permanent impact on millions of lives in India,” he added.
Living Essentials, Bhargava’s consumer products company achieved success in 2004 with the introduction of an energy drink, ‘5-Hour ENERGY’. He started the ‘Billions in Change’ initiative as a means to finance and commercialize technology based projects which would help combat poverty.
Bhargava’s team is working at ‘Stage 2 Innovations’, a US-based innovation lab, on inventions which aim to provide affordable and clean energy, portable water and health care. It was after two years of hard work at the lab that ‘Free Electric’ came up as a viable product.
Other products under the scanner are ‘Rain Maker’, a water purification system, and ‘Limitless Energy’, a clean energy project.
When the worst floods in a century swept through India’s southern Kerala state in August, they killed more than 480 people and left behind more than $5 billion in damage.But one thing survived unscathed: India’s first floating solar panels, on one of the country’s largest water reservoirs.
As India grapples with wilder weather, surging demand for power and a goal to nearly quintuple the use of solar energy in just four years, “we are very much excited about floating solar,” said Shailesh K. Mishra, director of power systems at the government Solar Energy Corporation of India.
India is planning new large-scale installations of the technology on hydropower reservoirs and other water bodies in Tamil Nadu, Jharkhand and Uttarakhand states, and in the Lakshadweep islands, he told the Thomson Reuters Foundation.
“The cost is coming almost to the same level as ground solar, and then it will go (forward) very fast,” he predicted.
As countries move to swiftly scale up solar power, to meet growing demand for energy and to try to curb climate change, floating solar panels – installed on reservoirs or along coastal areas – are fast gaining popularity, particularly in Asia, experts say.
The panels – now in place from China to the Maldives to Britain – get around some of the biggest problems facing traditional solar farms, particularly a lack of available land, said Oliver Knight, a senior energy specialist with the World Bank.
“The water body is already there – you don’t need to go out and find it,” he said in a telephone interview.
And siting solar arrays on water – most cover up to 10 percent of a reservoir – can cut evaporation as well, a significant benefit in water-short places, Knight said.
Pakistan’s new government, for instance, is talking about using floating solar panels on water reservoirs near Karachi and Hyderabad, both to provide much-needed power and to curb water losses as climate change brings hotter temperatures and more evaporation, he said.
Solar arrays on hydropower dams also can take advantage of existing power transmission lines, and excess solar can be used to pump water, effectively storing it as hydropower potential.
China currently has the most of the 1.1 gigawatts of floating solar generating capacity now installed, according to the World Bank.
But the technology’s potential is much bigger – about 400 gigawatts, or about as much generating capacity as all the solar photovoltaic panels installed in the world through 2017, the bank said.
“If you covered 1 percent of manmade water bodies, you’re already looking at 400 gigawatts,” Knight said. “That’s very significant.”
Growing use of the technology has raised fears that it could block sun into reservoirs, affecting wildlife and ecosystems, or that electrical systems might not stand up to a watery environment – particularly in salty coastal waters.
But backers say that while environmental concerns need to be better studied, the relatively small amount of surface area covered by the panels – at least at the moment – doesn’t appear to create significant problems.
“People worried what will happen to fish, to water quality,” said India’s Mishra. “Now all that attention has gone.”
What may be more challenging is keeping panels working – and free of colonizing sea creatures – in corrosively salty coastal installations, which account for a relatively small percentage of total projects so far, noted Thomas Reindl of the Solar Energy Research Institute of Singapore.
He said he expects the technology will draw more investment “when durability and reliability has been proven in real world installations.”
Currently floating solar arrays cost about 18 percent more than traditional solar photovoltaic arrays, Knight said – but that cost is often offset by other lower costs.
“In many places one has to pay for land, for resettlement of people or preparing and leveling land and building roads,” he said. With floating solar, “you avoid quite a bit of that.”
Solar panels used on water, which cools them, also can produce about 5 percent more electricity, he said.
Mishra said that while, in his view, India has sufficient land for traditional solar installations, much of it is in remote areas inhospitable to agriculture, including deserts.
Putting solar panels on water, by comparison, cuts transmission costs by moving power generation closer to the people who need the energy, he said.