Amidst the time when the experts have started to throw in their contemplations regarding whether the Paris summit in December 2015 will “save the earth”, or will just end up as another Copenhagen, India has come up with a unique business opportunity that sees a target of setting up 100,000 MW of solar energy by 2020.
A senior government official stated that the rooftop solar projects offer a big business opportunity upto the tune of Rs. 4 lakh crore.
“Grid connected rooftop solar power is the most important sector as far as renewables are concerned. This 40,000 MW project requires an investment of up to Rs. 4 lakh crore and is a big business opportunity for all,” said Tarun Kapoor, joint secretary, ministry of new and renewable energy (MNRE), addressing a conference in the capital organized by The Energy and Resources Institute (TERI).
In regard to the system by which people who set up solar power panels on their rooftops can sell electricity back to the grid, he said that there are 20 state regulators who have issued connections whereas 17 states have issued policies for net metering.
Also an objective of achieving 100,000 MW from solar energy by 2020, 40,000 MW of which will come from rooftop solar power, has also been set by the government.
“Taking a systemic approach towards implementing this large and ambitious programme, ensuring it is a win-win for all stakeholders is critically important,” added Leena Srivastava, acting director-general of TERI.
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.