What should KBL consider before entering into solar power Submitted to- Submitted by Kirloskar Brothers Pulkit Agrawal
What should KBL consider before entering into solar power
Submitted to- Submitted by
Kirloskar Brothers Pulkit Agrawal
Scope of the presentationHistorySolar energyGrowth in solar market in next five yearsGovernment incentive & policiesLocation Cost for setting Type of technologyBest technology for useCurrent investment in solar energyConclusion
HistoryFastest –growing power generation
technology in the worldSolar industry has a 15 year history of 25%
annual growth.One of the hottest areas in energy
investment. declination of oil & coal
Solar energyDivided into two categoriesSolar thermal energySolar photovoltaic electricity
Condition of use of solar PV cellsCold weatherCloud conditionIsolated generation
Solar thermal energy
It is generated from heat.Sub-categories-Concentrated solar power(CSP)-Steam or hot
air generated from sunlight drives a turbine generating electricity
Solar thermal-it employs heat directly to heat water.
Solar power or solar photovoltaic electricitySolar photovoltaic electricity is generated
from light, employing photovoltaic modules or cells ,which convert sunlight into electricity using cells with semi conductors
Growth in solar market in Next five years currently Solar industry is growing By 40 % .Current solar power capacity is 10 GW will
climb up to 20 GW till 2o15.Currently solar power is 5% of total
worldwide energy.Solar power is predicted to become 10% of
total worldwide energy in 2025.More competitive in terms of price also. Solar
panel price is going down so more countries are investing in solar energy.
Government schemes &incentive• To help in running of solar projects, there is a
subsidy of Rs 12/Kwh• Capital subsidy available in case of
semiconductor based units• Provisions for Accelerated depreciation
available for solar manufacturers• NIL excise duty for manufacturers• Low import tariff for several raw materials and
components• Soft loans to users, intermediaries and
manufacturers by IBRD & NABARD
Continue………….Industrial clearances are not required for
setting-up an RE industry Import of power projects are allowed .More than 80% incentive facilityFinance availability with chief interest rates Ten years exemption in income taxSIPS notified in 2007-10 MW project is
minimum criteria for avail this scheme.
Best Location for setting plant In IndiaNorth India-
Delhi ,gurgaon,chandigarh,KashmirHimachal PradeshGujratWest BengalRajasthanTamilnaduHyderabad
Cost of setting a solar energy plant
Cost of setting up a solar power plant is around rs 20 crore per MW.
Cost of setting up a solar thermal power plant is around rs 4 crore per MW.
5 acre land is sufficient 4 setting one MW plant.
A project developer can set up a plant of maximum capacity of 5 MW.
Type of technologySilicon cells technology-Silicon use for
generating power. Take half space and 10 % more efficient compare to thin film .
Thin film technology- Thin film use. now very popular due to silicon shortage. And use only 1% silicon.
New technology-Photovoltaic paint use for generating power,developed in 1 October in 2008.
Silicon cells technology
Mono-crystalline silicon-is cut from a single silicon, slightly higher priced & more efficient.
Polysilicon (Multi-crystalline silicon)- slightly cheaper and slightly less efficient.
Thin-film technology
Amorphous silicon-it is a silicon in a non crystal form.
Cheaper but Less efficient. Copper Indium Gallium Diselenide(CIGS) Cadmium telluride (CdTe) Copper Indium Selenide (CIS)
Best technology for useThin film technology is cheap but land is
required double compare to PV technology. KBL have a capacity to invest money.
So KBL should use the thin film technology because it is more profitable .
Current invest in India
ConclusionSolar energy is fastest growing profitable
industry. So KBL decision of entering into the solar energy is right decision and KBL should enter in solar power as soon as possible .
KBL should set up the solar thermal plant because it is cheap compare to solar power plant .Many state is pushing to set up a thermal plant.
THANK YOU