Solar energy is basically the energy from the sun in the form of heat and light .The power contained in the solar energy can be harnessed for mechanical application such as cooking food or for generation of electricity, through solar panels, designed for specific purpose. Solar inverters have been launched for these purposes so that solar energy collected can be used well.
The increasing costs of the fossil fuels and thus the cost of the conventional electricity, has generated an increased interest in using the natural source for meeting the energy requirements. Commercial viability of solar power projects is gradually increasing due to technological advancement. Replacement of old solar inverter panels with new thin silicon photo voltaic sheets .Higher wind solar density due to increased absorption and lower installation cost per MW and less land requirement makes a case for choosing higher unit size of solar panels. Fortunately, solar inverter panels of 1 MW are being manufactured in the country and still higher capacity units are being tested.
Benefits of solar inverter
1. Reduces climate change and other environmental pollution
2. Solar inverter can be utilized as a shield against ever increasing power prices. The cost per kWh reduces over a period of time as against rising cost for conventional power projects.
3. Diversifies energy supply, eliminates imported fuels, and provides a hedge against the price volatility of fossil fuels. Thereby provides energy security and prevention of conflict over natural resources
4. It is one of the cheapest sources of electrical energy.
5. Least equity participation required, as well as low cost debt is easily available to solar energy projects.
6. A project, with the fastest payback period.
7. A real fast track power project, with the lowest gestation period and a modular concept.
8. Operation and Maintenance (O&M) costs are low.
9. No marketing risks, as the product is electrical energy.
10. Creates employment, regional growth and innovation
11. Reduces poverty through improved energy access
12. Fuel source is free, abundant and inexhaustible
13. Delivers utility-scale power supply
The increasing costs of the fossil fuels and thus the cost of the conventional electricity, has generated an increased interest in using the natural source for meeting the energy requirements. Commercial viability of solar power projects is gradually increasing due to technological advancement. Replacement of old solar inverter panels with new thin silicon photo voltaic sheets .Higher wind solar density due to increased absorption and lower installation cost per MW and less land requirement makes a case for choosing higher unit size of solar panels. Fortunately, solar inverter panels of 1 MW are being manufactured in the country and still higher capacity units are being tested.
Benefits of solar inverter
1. Reduces climate change and other environmental pollution
2. Solar inverter can be utilized as a shield against ever increasing power prices. The cost per kWh reduces over a period of time as against rising cost for conventional power projects.
3. Diversifies energy supply, eliminates imported fuels, and provides a hedge against the price volatility of fossil fuels. Thereby provides energy security and prevention of conflict over natural resources
4. It is one of the cheapest sources of electrical energy.
5. Least equity participation required, as well as low cost debt is easily available to solar energy projects.
6. A project, with the fastest payback period.
7. A real fast track power project, with the lowest gestation period and a modular concept.
8. Operation and Maintenance (O&M) costs are low.
9. No marketing risks, as the product is electrical energy.
10. Creates employment, regional growth and innovation
11. Reduces poverty through improved energy access
12. Fuel source is free, abundant and inexhaustible
13. Delivers utility-scale power supply
