By definition it goes that Solar Energy is renewable. The sun rises every morning & sets every evening. It has continued like this since last billions of years & will continue for more billions of years. Hence there is an unlimited supply of sunlight. Unlike coal & oil which is fast depleting, there is an abundance of sunlight. Hence the prices of these products are getting dearer, whereas the solar energy will definitely be very reasonable in the near future. The day is not far off when all our homes & offices will be lit by this solar energy & that too for almost free.
Strictly speaking nothing in this universe is renewable but if the time-line of the energy source is sufficiently long for example in the case of the sun which will be billions of years then it is renewable.Solar Energy is definitely more renewable than Hydro or Geothermal sources of energy .
Renewable Energy is a sunshine industry in India right now and a number of non traditional players are getting into the clean energy industry right now.Companies with surplus cash or lack of growth opportunities are turning to solar energy generation to fuel growth.The JNNSM first phase saw a large number of companies bidding and some unknown players winning the auction.While a large number of these solar companies will never their projects see the light of the day (pun intended),some will survive and thrive.More companies are getting into the solar power busness attracted by the long term potential of solar energy in the country.Kanoria Chemicals which recently sold off a large chunk of its chemical business is sitting on a huge pile of cash.The company has decided to get into renewable energy generation by setting up a 2-3 MW solar plant.Note Kanoria Chemicals has little to any relation between its core operations and solar energy.
Nuclear Power Plants around the globe are being closed at a furious rate particularly in Europe.The Fukushima Disaster has caused a nuclear winter in the nuclear power plant industry.Even Nuclear Power Plant Equipment Leaders like Toshiba are changing their strategy to concentrate on Renewable Energy.Even new Nuclear Power Plants being built in India and China are facing massive opposition.New Nuclear Power Plants being built at Jaitapur and Tamil Nadu have met massive organized protests by local citizens throwing the future of nuclear power plants in jeopary.The Communist Government in China too is going slow on the biggest rollout of nuclear power plants in the world.High Cost Escalation and long project delays had already made building new Nuclear Power Plants in the Developed World almost impossible.Japan and Germany which are two of the largest nuclear countries have decided to shut down all nuclear power plants.Switzerland and Belgium too have decided to kill the nuclear power industry in their countries.In this light it becomes very important to examine the pros and cons of nuclear power plants.A cost benefit analysis of nuclear energy is crucial as new plants cost billions of dollars and can cause massive costs if things go wrong as was the case with Chernobyl and Three Mile Island Disasters in the 1980s.
xit Sign is an important legal safety requirement, in case of any emergency like fire in any building. An LED exit sign is an illuminated sign that uses LED light to illuminate the word “EXIT. The traditional incandescent & fluorescent technology that are used, consume large amounts of energy & also require frequent maintenance. Since these signs operate 24*7, there is a need to replace incandescent bulbs with efficient models with long lives to help reduce maintenance cost and effort. They offer savings of up to $300 per sign in reduced energy, materials, and labor costs as compared with standard incandescent models. LED exit signs are an array of very small LEDs either red or green in colour arranged in a line or circularly. Many exit signs come with a battery backup since they need to remain lit at the time of emergency, when a building’s power is interrupted. It is a good option that buyers should look for. LED exit signs work at 120V or 277V. Exit sign manufacturers have made these products available at very competent prices. They are also easy to install. LED exit signs need to be approved for use by UL (Underwriters Laboratories) and should be compliant with local and federal building codes.
A growing population has increased the demand for drinking water and rapid urbanization has required increasing sewage treatment. Many industries have been forced to adopt water-recycling systems due to the scarcity of water. Growing public concern, media pressure and renewed legislation has left industries with no option but to install water treatment equipment. The water treatment companies offer sustainable solutions that serve as the economic basis for a region and provide enhanced quality of life for people. They aim at the conservation and ecological utilization of water. However, Indian companies have limited capabilities and technology for the design of water treatment plants. There is a distinct opportunity for U.S. companies to offer technical consulting.
Green Banking in India has started increasing at a rapid pace as concerns over Global Warming increase.Most of India’s Banks are pushing for Clean Technology in their separate ways.Though there is lack of regulation on funding of environment friendly projects,Banks are pushing ahead on their own anyway.India’s Financial Sector has seen the writing on the wall as the largest bank SBI is using Wind Energy for captive consumption to reduce its carbon footprint.The Bank is also reducing the interest rates for Green Projects beside helping in carbon consulting of customers.SBI is also implementing thousands of Green Kiosks to reduce the need for paper.ICICI Bank is helping funding research in clean technology using TFD while Canara Bank has funded almost 50,000 units of Solar Lighting .