All posts tagged: solar panel Manufacturers

Paris Olympics 2024: Solar Energy Scores Big

August 2, 2024 admin solar panel Manufacturer No comments

The Paris 2024 Olympics is setting a new benchmark for sustainability, emerging as the greenest Olympics in history. By running on 100% solar and wind power, this year’s Games are not only reducing carbon emissions by 3.5 million tonnes compared to previous events like Tokyo 2020 and Rio 2016 but are also demonstrating a robust commitment to environmental responsibility.

A New Standard in Energy Efficiency

Paris 2024 is showcasing an impressive array of green initiatives. The facilities, both existing and temporary, are equipped with advanced LED lighting systems that cut energy consumption by 80% compared to traditional lighting. Additionally, the event will see the implementation of essential-only electrical equipment, minimizing unnecessary energy use. This approach—fewer plugs, fewer printers, and smaller screens—highlights how small adjustments can collectively make a substantial impact.

Among the most striking features are two innovative solar installations at the Olympic Village: a photovoltaic carport spanning nearly 1,000 square meters and a 400-square-meter floating mobile solar farm on the Seine. These installations will cover part of the athletes’ electricity consumption and contribute to an overall 80% reduction in energy-related carbon emissions compared to other large-scale sports events.

Implications for the Solar Industry

The shift towards a more sustainable approach in the Paris Olympics is poised to influence the solar industry significantly. Engineering, Procurement, and Construction (EPC) companies stand to benefit greatly from the surge in solar initiatives. As sporting events and large-scale projects increasingly adopt solar technology, the demand for expert installation and maintenance will rise.

This growing focus on high-efficiency photovoltaic (PV) modules and innovative technologies offers distributors a chance to expand their networks and meet the escalating demand. The successful implementation of these solar initiatives at the Paris Games can serve as a model for future events, prompting further advancements and adoption of green technologies.

Lessons for India

India can draw several valuable lessons from Paris 2024’s commitment to sustainability:

Adopt Comprehensive Sustainability Practices: Emulate the holistic approach of Paris 2024 by integrating energy-efficient technologies and reducing unnecessary consumption in both new and existing infrastructure.
Invest in Innovative Solar Technologies: Like the floating solar farms and photovoltaic carports in Paris, India should explore and invest in cutting-edge solar technologies to enhance efficiency and effectiveness.
Promote Industry Growth: Encourage growth in the solar sector by supporting EPC companies and distributors, fostering an environment that facilitates advancements in solar technology and infrastructure.
Set New Standards for Large-Scale Events: As India prepares for future large-scale events, incorporating similar green initiatives can set new benchmarks for sustainability and reduce the carbon footprint of such gatherings.

By adopting these practices, India can contribute to a more sustainable future and align with global efforts to combat climate change while fostering innovation and industry growth in renewable energy.

IB Solar at the Forefront of Solarising Panchayati Raj Institutes

January 5, 2024 admin solar panel Manufacturer No comments

In a significant move towards sustainable energy solutions, a recent meeting chaired by the Secretary of the Ministry of Panchayati Raj, Shri Vivek Bharadwaj, marks a pivotal moment in India’s journey towards renewable energy. The initiative’s main objective was implementing solar energy in Panchayati Raj Institutions (PRIs), local self-government bodies in India. This step aligns with the country’s commitment to promoting clean and sustainable power sources to meet its energy needs.

The Essence of the Meeting: The gathering underscored the need for innovative business models to support the widespread adoption of solar energy at the grassroots level. Discussions revolved around strategies to aggregate demand within Panchayats, streamlining the solar energy adoption process. By integrating solar power, PRIs can reduce their dependence on non-renewable energy sources, lower their energy bills, and contribute towards a greener India. This initiative highlights the government’s efforts to enhance the use of renewable energy and promote sustainable development across the country.

IB Solar’s Alignment with National Goals: As a participant in this crucial meeting, IB Solar stands at the forefront of this transformative journey. Our commitment to providing sustainable energy solutions aligns seamlessly with the nation’s vision of ‘Gram Urja Swaraj’, echoing the Prime Minister’s pledge at the COP 26 Summit.

Key Outcomes and Suggestions:

Shri Vivek Bharadwaj highlighted the importance of installing solar systems in Panchayats under Theme 5 ‘Clean and Green Villages’.
The meeting emphasised starting efforts in states with more ‘Clean and Green’ Panchayats.
IB Solar Representatives and various other solar energy stakeholders contributed valuable insights to the discussion.
The National Solar Energy Federation of India (NSEFI) proposed developing pilot projects in selected Panchayats to serve as benchmarks for solar energy implementation.

IB Solar’s Role and Future Plans: IB Solar is thrilled to be a part of this groundbreaking project that promises to bring about a transformational change in the country. As a solar solutions provider, we are well-prepared to offer state-of-the-art services customised to the specific requirements of Panchayats nationwide. Our scope of work goes beyond mere installation; we are committed to forging a long-lasting partnership for progress with our clients. Our goal is to ensure the sustainability and efficacy of every solar initiative at the grassroots level. We believe our expertise and our client’s vision will pave the way for a brighter and cleaner future for all.

The recent meeting is not just a discussion but a call to action for all stakeholders in the solar energy sector. As we step forward, our resolve at IB Solar is to be at the helm of this change, driving India towards a future where every village harnesses the sun’s power, contributing to a cleaner, greener, and more sustainable environment. Join us in this journey towards a sustainable future. For more information on our solar solutions and how we can help your community, visit IB Solar.

Global survey shows two-thirds of population favour solar power

October 3, 2023 admin Ib Solar News, Ib Solar Products, Solar Panel No comments

More than two-thirds of the world’s population favours solar energy, five times more than public support for fossil fuels, a global poll has found.

The survey, conducted by Glocalities in collaboration with advocacy groups Global Citizen and The Fossil Fuel Non-Proliferation Treaty Initiative, was based on interviews with more than 21,000 people in 21 countries between January and June.

The countries included Australia, Brazil, China, India, Italy, Mexico, South Africa, South Korea, Turkey and the United States.

With 68% support, solar power was the most popular energy source, trailed by wind (54%), hydropower (35%) and nuclear (24%), with only 14% of respondents saying they favoured fossil fuels, the survey found.

The Glocalities poll reinforced other surveys showing robust support for renewables in Europe and the United States. The EU’s latest Eurobarometer from May-June found 85% of Europeans support “investing massively” in renewable energies, such as wind and solar power.

A Pew Research Center poll from early 2022, which pre-dated a global spike in energy prices following Russia’s invasion of Ukraine, showed 69% of U.S. adults prioritised developing alternative energy sources such as wind and solar over expanding the production of oil, coal and natural gas, down from 79% two years earlier.

Fossil fuels, however, still accounted for 77% of global energy consumption in 2022, said Michael Sheldrick, Co-Founder and Chief Policy, Impact and Government Affairs Officer at Global Citizen.

“This ‘production gap’ highlights a concerning paradox: despite strong public support for renewable energy, fossil fuel production remains prevalent,” he said.

“Regardless of demographic or political affiliation, Democrat or Republican, solar power emerges as the world’s preferred energy source…(which) indicates that there exists a common ground where political agendas can align with the clear demands of citizens,” he added.

Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, the most recent Statistical Review of World Energy report said.

Scientists say the world needs to cut greenhouse gas emissions by around 43% by 2030 from 2019 levels to have any hope of meeting the international Paris Agreement goal of keeping warming well below 2C above pre-industrial levels.

Source – Economictimes

Green hydrogen will cut cost of energy to Rs 6 per unit: Minister R K Singh

September 20, 2023 admin solar panel Manufacturer No comments

New Delhi: The Union Minister for Power and New & Renewable Energy , R.K. Singh, said on Saturday that the cost of round-the-clock renewable energy will fall to just about Rs 6 per unit from Rs 8 per unit at present if green hydrogen is used for storage.

Speaking at the special ministerial session of the Fourth International Conference & Exhibition on Clean Energy here, Singh said that the cost of green hydrogen would be cheapest in India and that it would become a viable energy storage alternative.

“Green hydrogen is cheaper than gas and battery energy storage systems. We have come up with a pilot bid for about 100 MW which we hope will establish the benchmark. Once we are able to use green hydrogen for our energy requirements, all supply chain issues such as availability of lithium-ion batteries will be resolved. We will make green hydrogen and use it as storage,” he said.

“The average price of power in the energy exchange has recently been Rs 8 per unit, so if our cost for round-the-clock renewable energy comes to Rs 6 per unit, we are in business. That is what the future is: Renewables . The future is here, not far away,” the minister remarked.

The theme of the special ministerial session, held on the closing day of the two-day summit, was ‘Global Champions for Advancing Clean Energy Innovation & Manufacturing’.

The Minister informed the captains of industry that the basic legal framework for the carbon market has been formulated and that the government is thinking of permitting industry to gain carbon credits for green hydrogen and green ammonia which is exported from India. With this, the industry will have yet another advantage, which will make Indian industry totally competitive, the minister added.

“If our price for round-the-clock renewable energy is anything to go by, then we will not have to go the thermal way, we will adopt the renewable path. About 42% of our capacity is from renewable sources already,” Singh said.

The minister pointed out that India is emerging as a manufacturing powerhouse of renewable energy.

“Around 88,000 MW renewable energy capacity is under construction and our plan is to add 50,000 MW of renewable energy capacity every year. We are already emerging as an exporter. The world will come to rely on us more and more. So, all those who are setting up capacity have made a good bet. At the same time, we need to keep ourselves at the leading edge of technology,” he added.

He also said that India is going to emerge as the biggest exporter of solar cells and modules and that more grid capacity is being added.
source – Economictimes

Solar panel makers may get priority sector lending tag

September 15, 2023 admin solar panel Manufacturer No comments

Officials from the ministries of finance and renewable energy as well as bankers have held several meetings over the past two months on financing-related issues faced by solar photovoltaic makers, following which the recommendations were sent by the banks.

New Delhi: The Reserve Bank is examining a recommendation from banks to include loans to
solar panel manufacturers within the priority sector lending bracket and is expected to take a decision
in the next two-three months, people familiar with the deliberations said.

“After discussion with all stakeholders, two recommendations were agreed upon. While banks have sought

tags for solar panel manufacturers, the renewable energy ministry has made a case for considering modifications in the production-linked incentive (PLI) scheme for this sector,” said an official requesting anonymity.

Solar associations have argued that duty-free imports from Southeast Asian countries under free trade agreements, or FTAs, are hurting domestic manufacturers.

A bank executive said the finance ministry had asked lenders to share their inputs for the formulation of a policy to ease financing for the sector.

“The proposal to include this in priority sector lending and PLI schemes is in line with the discussion held with association members and representatives of the renewable energy ministry,” he said.

Earlier, solar associations had argued that solar exports hadn’t come down as expected.

“We have apprised the government that these could be Chinese manufacturers, who have shifted their base to these countries and are exporting from there,” said an association member, adding that as per the data they shared with the government, in the last 2-3 months, solar imports from countries with whom India has FTAs have increased by 48%.

As per report by energy think-tank Ember, solar module imports from China decreased nearly 80%, or by $2 billion in value, in first half of 2023. “This followed imposition of tariffs as India shifts away from imports to focus on building and utilising domestic manufacturing capacity. India’s domestic solar module manufacturing capacity has stepped up,” the report said.