Our ultimate source of energy. The pivotal point of our existence. One that breaks a new dawn every morning. The sun. Wonder why the sun radiates to the earth more than 10,000 times the amount of energy that the entire world would consume annually. Probably because the high and mighty sun knows better that its energy can be used in more ways than how the plants photosynthesized, the animals soaked or the mankind knew.
May be the sun understood that many years from its birth, the world would wake up to see the sun as a clean, efficient, bankable and sustainable source of renewable energy. Energy that would be cheaper than any kind of power supply, cleaner with zero CO emissions and accessible to areas where the grid supply could not reach. And in a world battling with energy crisis and global warming, someday, a far-sighted company will herald a revolution and the world would see a million suns rising...
There is no better source of clean and natural energy than the sun. It radiates more than 10,000 times the amount of energy that the entire world would consume annually. Given its abundance, solar energy can cater to the ever-increasing demand for fuel and make for an efficient source of renewable energy. It is probably the only source of energy that emits no noise while generating power. In addition, it is modular, scalable and highly flexible in nature.
In the long run, electricity generated from solar energy systems will be far more cost-effective than any other type of power supply. Not only can power generation become profitable at break-even, despite relatively high initial set-up cost, but solar energy is free from cost escalation.
In remote areas such as rural hamlets, forest reserves, environmentally-sensitive areas and national parks where grid supply is not available, off-grid standalone and home lighting systems often serve as a lifeline. Technology development has enabled solar energy systems to supply power 24x7.
Lanco Solar aims to power Indian communities by providing clean and cost-effective solar electricity, and is committed to achieving grid parity by 2017. Lanco Solar is also working to reduce the cost of setting up solar energy systems for bulk power generation.
India is densely populated and has high solar insolation, an ideal combination for use of solar power. India is already a leader in wind power generation. In the solar energy sector, some large projects have been proposed, and a 35,000 square kilometre (km2) area of the Thar Desert has been set aside for solar power projects, sufficient to generate 700 to 2,100 giga watt (GW) of solar energy.