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Renewable Energy Sector, Green Power, Solar Energy, Biofuel, Hydroelectric, Wind, Geothermal, Biomass, Non-conventional Energy, New and Renewable Energy Projects

India is said to be one of the seven largest consumers of energy, but the growing gap between consumption and domestic output is a cause of concern. India’s share in global oil reserves is about 0.5 per cent, whereas its share in global consumption is about 3 per cent. India is still dependent to the extent of 30 to 35 per cent on non-commercial fuel sources like cowdung, firewood, agricultural waste, etc. The growing energy needs of the emerging economics, specifically India, risks enhanced environmental demage from conventional carbon based sources of energy. The pressure on petrol is mounting and we have to concentrate on conservation of petroleum. Towards conservation of petroleum consumption, the government has to ration supplies of cooking gas, kerosene and petrol; improve power generation; focus on alternative source of energy such as solar, wind and bio-fuels; setup energy standards for all vehicles and a mass awareness for conservation. As the country’s petroleum bill grows, and future supplies look volatile or insecure, alternatives need to be explored. Ethanol is an environment-friendly oxidant additive to gasoline. There is a growing interest in biodiesel or ethanol blend. Energy majors are determined to tap biofuels. Special attention is being paid to jatropha cultivation. The corporate sector too is focusing on the biofuels sector. It is estimated that globally about one million hectares would cater to biofuels over the next four years, with an estimated 300,000 hectares contributing each year to biofuels in South East Asia, India and Southern African countries. India will itself produce 2 million tones of biodiesel by 2012.

Power and Energy sector is in a positive mood and is leaving no missed opportunity to make hay of it, while the sun shines. India has set up a target of 20000 MW of installed capacity by 2022 for harnessing solar energy. It is leaving no stone unturned to become a solar hub in the world. With such earnest efforts, India’s mission to tap solar energy is not a pipe dream.

Renewable Energy technologies like solar, biomass, hydro, etc are deployed both in rural and urban areas to curb the growing gap between the demand and supply of power, which is due to increase in the per capita energy consumption and importantly, the much hyped climate change concerns. At 10464 MW, India presently ranks fifth in the world in wind power generations. The future of solar photovoltaic development in India seems to be very bright. India’s solar mission envisages the promotion of solar energy to harness and distribute environment-friendly power, available with high scalability, for sustainable economic growth by empowering national energy security.

Indian clean development mechanism projects broadly cover a range of sectors viz power generation from renewable energy, particularly wind and hydro power, biomass applications, waste heat and energy recycling. Accelerated growth is expected in renewable energy sector, particularly wind energy sector, solar energy sector, biofuels sector .etc with favourable conditions in terms of potential, technical support facilities, policy framework and regulatory environment, robust manufacturing base, and investors confidence in the country.

 

 

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Solar Panel Assembling & Solar Power Inverter on Grid, Off Grid WithSolar Pump Controller - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials

A solar cell, sometimes called a photovoltaic cell, is a device that converts light energy into electrical energy.Solar panels generate free power from the sun by converting sunlight to electricity with no moving parts, zero emissions, and no maintenance. Multiple solar panels can be wired in parallel to increase current capacity (more power) and wired in series to increase voltage for 24, 48, or even higher voltage systems. India has a huge potential for solar power generation that can lead to a large-scale deployment of solar energy, if harnessed effectively. Indian Government is adopting constructive steps towards implementing large-scale solar power projects and is poised to position itself as one of the world’s major solar producer. India's power sector has a total installed capacity of approximately 1,46,753 Megawatt (MW) of which 54% is coal-based, 25% hydro, 8% is renewable’s and the balance is the gas and nuclear-based. Power shortages are estimated at about 11% of total energy and 15% of peak capacity requirements which is likely to increase in the coming years. Around 293 global and domestic companies have committed to generate 266 GW of solar, wind, mini-hydel and biomass-based power in India over the next 5–10 years. The initiative would entail an investment of about US$ 310–350 billion.Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Admire Energy Solutions Pvt. Ltd. • Bharat Electronics Ltd. • Bharat Heavy Electricals Ltd. • Central Electronics Ltd. • Clique Developments Ltd. • Epic Energy Ltd. • J S W Green Energy Ltd. • Jaguar International Ltd. • K S K Surya Photovoltaic Venture Ltd. • MindaNexgen Tech Ltd.
Plant capacity: Poly Crystaline Solar PV Modules Cap10 Watt: 1,200,000 Nos/Annum Poly Crystaline Solar PV Module Cap. 20 Watt: 600,000 Nos/Annum Poly Crystaline Solar PV Module Cap. 50 Watt:240,000Nos/Annum Poly Crystaline Solar PV Module Cap. 100 Watt: 150,000Nos/AnnumPlant & machinery: Rs 1225 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1674 lakhs
Return: 26.00%Break even: 56.00%
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Solar Panel

A solar panel is a collection of solar cells. Lots of small solar cells spread over a large area can work together to provide enough power to be useful. The more light that hits a cell the more electricity it produces Solar panels can be used as a component of a larger photovoltaic system to generate and supply electricity in commercial and residential applications. Each module is rated by its DC output power under standard test conditions (STC), and typically ranges from 100 to 320 watts. The efficiency of a module determines the area of a module given the same rated output - an 8% efficient 230 watt module will have twice the area of a 16% efficient 230 watt module. The PV MARKET has been on an upward trend for years now. The market is expected to continue to grow until 2050. The Jawaharlal Nehru National Solar Mission in 2010, India is poised for a big take off in the installation of solar energy. The JNNSM target of 20 GW of installation by 2022 and also proactive policies from states like Gujarat are the key drivers for the growth of the solar sector in India. Globally, China dominates the cell and module production and has about 50% MARKET share. In terms of installations, Germany leads the world with close to 50% of installations world over. In India, there is about 1.4 GW of module manufacturing capacity and this is expected to increase in the future since the solar PV segment is one part of the entire value chain where the barriers to entry is relatively low.India has a separate ministry calledMinistry of New andEnergy, with the motto of reaching parity for solar power by 2022. As a whole you can invest in this project without risk and earn profit. Few Indian major players are as under • Euro Multivision Ltd. • H H V Solar Technologies Ltd. • Hydragen Infrastructures Pvt. Ltd. • Lanco Solar Pvt. Ltd. • LaxmiAgroenergy Pvt. Ltd. • Moser Baer Solar Ltd.
Plant capacity: 25,000 KW/annumPlant & machinery: 449 lakhs
Working capital: -T.C.I: Cost of Project 1126 lakhs
Return: 29.00%Break even: 47.00%
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Hydro based Power Plant

Hydropower is a renewable energy resource that utilizes Earth’s water cycle to generate electricity. The movement of water flow downstream in lakes and rivers creates kinetic energy that id converted into electricity. The energy generated by running water has been utilized for many decades. The well-established hydroelectric power plant consists of a high dam built across a large river to create a reservoir and a station where the process of energy conversion to electricity occurs. The initial step in the generation of energy in a hydropower plant is the collection of run-off of seasonal rain water, snow in lakes, streams and rivers. All this water is collect in dams downstream. Then the water is made to falls through a dam into the hydropower plant and rotates a large wheel called a turbine. The turbine then converts the energy of falling water into mechanical energy to drive the generator. The electricity thus obtained is transferred to the communities through transmission lines. The water is then released back into the lakes, streams or rivers About 26% of energy is contributed by hydro power to India. For India, the total capacity is more than 2 Lakh MW and so hold the 5th position for electricity generation in the world. The major electricity resources plant are thermal, hydro, nuclear and other renewable energy resources which includes solar, wind, geothermal, tidal, etc. Growing focus toward adoption of renewable energy integration coupled with its wide applications range including water supply for irrigation and flood control will propel the hydropower market growth. Increasing demand for reliable and continuous electricity along with rising measures to reduce carbon footprints will stimulate global hydropower market.
Plant capacity: 10 MWPlant & machinery: 6100 Lakhs
Working capital: -T.C.I: Cost of Project: 8014 Lakhs
Return: 15.00%Break even: 69.00%
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Solar Power Plant

Solar power is one of the most promising renewables. It is reliable and less vulnerable to changes in seasonal weather patterns. Hydrogen, in the capacity of energy vector, is expected to be the optimum solution for intermittency and storage of energy produced by renewables.The basic work of Solar Power plant is to generate electricity from Solar Panels. Solar Panels generate DC (Direct Current) electricity from sunlight, Solar Inverter convert this power to AC (Alternative Current) and run your electrical home appliances and machines. The total installed capacity of solar power plants in India stands at 13.11 GW as of June 2017.The Indian government significantly expanded its solar plans, targeting US$100 billion of investment and 100 GW of solar capacity by 2022.The installed grid connected solar power capacity is 4,060.65 MW, and India expects to install an additional 10,000 MW by 2017 and a total of 100,000 MW by 2022.Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Bhagyanagar India Ltd. • C P E C Ltd. • Central Electronics Ltd. • Environ Energy-Tech Services Ltd. • Epic Energy Ltd. • Gujarat Mineral Devp. Corpn. Ltd.
Plant capacity: Solar Power: 1 MWPlant & machinery: Rs. 411 lakhs
Working capital: -T.C.I: Cost of Project: Rs.811 lakhs
Return: 1.00%Break even: 1.00%
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Solar Panel

A solar panel is a collection of solar cells.Solar panel refers either to a photovoltaic module, a solar thermal energy panel, or to a set of solar photovoltaic (PV) modules electrically connected and mounted on a supporting structure. A PV module is a packaged, connected assembly of solar cells. Solar panels can be used as a component of a larger photovoltaic system to generate and supply electricity in commercial and residential applications.A single solar module can produce only a limited amount of power most installations contain multiple modules. A photovoltaic system typically includes a panel or an array of solar modules, an inverter, and sometimes a battery and/or solar tracker and interconnection wiring. India is poised for a big take off in the installation of solar energy. The JNNSM target of 20 GW of installation by 2022 and also proactive policies from states like Gujarat are the key drivers for the growth of the solar sector in India.As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Alectrona Energy Pvt. Ltd. • Bright Solar Ltd. • Emmvee Photovoltaic Power Pvt. Ltd. • Gautam Solar Pvt. Ltd. • H H V Solar Technologies Ltd. • Helios Photo Voltaic Ltd.
Plant capacity: Solar Panel: 25 MWPlant & machinery: Rs. 161 lakhs
Working capital: -T.C.I: Rs.804 lakhs
Return: 54.00%Break even: 28.00%
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Solar Cooker

Solar cooker is a device which uses the energy of direct sunlight to heat, cook or pasteurize drink and other food materials. Many solar cookers currently in use are relatively inexpensive, low-tech devices, although some are as powerful or as expensive as traditional stoves, and advanced, large-scale solar cookers can cook for hundreds of people. Because they use no fuel and cost nothing to operate, many nonprofit organizations are promoting their use worldwide in order to help reduce fuel costs (especially where monetary reciprocity is low) and air pollution, and to slow down the deforestation and desertification caused by gathering firewood for cooking. Solar cookers are the application of solar energy used to cook, bake, and fry food. Solar Cookers can also be used for pasteurization. Solar cooker converts the radiant energy to the heat energy which is used for cooking food. Growing awareness for the use of renewable energy along with escalating prices of non renewable energy drives the solar cooker market. Government support and funding for the use of solar energy also stimulates the growth of solar cooker market. The solar cooker market can be segmented on the basis of the construction techniques utilized for manufacturing. The broad segmentations on the basis of construction can be done as solar box cooker, solar panel cooker and solar parabolic cooker. The solar box cookers are the most commonly available form of solar cookers in the market currently. These cookers are extremely robust in nature and operate very safely with little or no supervision required for operating.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Solar Panel

Solar panel refers either to a photovoltaic module, a solar thermal energy panel, or to a set of solar photovoltaic (PV) modules electrically connected and mounted on a supporting structure. A PV module is a packaged, connected assembly of solar cells. Solar panels can be used as a component of a larger photovoltaic system to generate and supply electricity in commercial and residential applications. Each module is rated by its DC output power under standard test conditions (STC), and typically ranges from 100 to 320 watts. The efficiency of a module determines the area of a module given the same rated output - an 8% efficient 230 watt module will have twice the area of a 16% efficient 230 watt module. There are a few solar panels available that are exceeding 19% efficiency. A single solar module can produce only a limited amount of power most installations contain multiple modules. A photovoltaic system typically includes a panel or an array of solar modules, an inverter, and sometimes a battery and/or solar tracker and interconnection wiring. India solar power products market is projected to grow at a CAGR of more than 11% to surpass $ 7.6 billion by 2024 on the back of increasingly stringent policy and regulatory framework and rising environmental concerns. The Ministry of New and Renewable Energy has set a target of 100 GW of solar power generation capacity by 2022. To achieve the target, government has taken several initiatives in the form of offering subsidies, financial assistance, incentives to manufacturers, power producers and even customers. The government has also partnered with several nodal agencies at the central and state levels for the installation of off-grid SPV systems. Subsidies are made available to the customers to encourage installation of grid connected rooftop photovoltaics. Additionally, rising per capita income and developments in the photovoltaic technologies are further anticipated to positively influence India solar power products market during forecast period. Few Indian major players are as under Alectrona Energy Pvt. Ltd Alpex Solar Pvt. Ltd. Bright Solar Ltd. Central Electronics Ltd. Devsun Solar Pvt. Ltd
Plant capacity: Solar Panel:83.3 KW / dayPlant & machinery: 162 lakhs
Working capital: -T.C.I: Cost of Project : Rs 804 lakhs
Return: 28.00%Break even: 54.00%
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Rewinding of Burnt Electric Motors

Electric motors are relatively simple mechanical devices, given the sheer number of different motors and winding patterns, the rewinding process can vary greatly. However, it generally involves cutting the original windings out of the motor’s stator or armature and replacing them with new coils made from wire of the same basic type and gauge. The electrical motors are electro-mechanical device that converts electrical energy to mechanical energy and they are used in wide variety of industrial and domestic equipment’s to provide motive power. The motors uses either Alternating current or Direct Current and have several types of winding designs to get different operating speed (rpm) and load conditions or motive power ratings normally (HP or KW). Most common motors are Induction winding coil design as it offers many advantages. The motors are either operated on single phase type or 3-phase depending on duty and according winding coils are designed. Market size value of electric motor sales in 2020 is USD 145.8 billion. Revenue forecast of electric motor sales in 2027 USD 252.5 billion. Growth Rate CAGR of 8.2% from 2020 to 2027 increasing demand for them in various industries including chemicals, paper & pulp, cement, and wastewater treatment is likely to further contribute to the growth of the segment. Growing sales of electric vehicles and subsequent scope of the machine type in the same are also expected to spur the growth of the segment over the forecast period. The rise in demand for superior machine control in automotive industry, owing to the high efficiency of AC synchronous motors fuels the electric motor market growth. The regulations such as Minimum Energy Performance Standards (MEPS), drives the growth of energy efficient electric motors market across the world. The material handling systems serve as the key consumers of fractional horsepower (FHP) motors, thus boosting their demand across the globe. Moreover, the adoption of motors ranging 21-60 V in HVAC sectors, owing to the heat dissipation, are anticipated to exhibit high demand for these motors in the coming years. Growth opportunities for the market in Latin America and the Middle East & Africa are projected to rise soon owing to increasing government funding. Rising demand from the oil and gas industry, rapid development in the mining industry, and significant demand for cement across the construction industry are benefitting the market in these regions. Entrepreneurs who invest in this project will be successful.
Plant capacity: Rewinding Brunt Electric Motors : 10 Nos./ DayPlant & machinery: Rs 885 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1320 lakhs
Return: 27.00%Break even: 53.00%
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Production of Lithium Ion (LiFePO4) Cell batteries for electric vehicles

In today's portable electronics, two types of batteries are used: lithium-ion and lithium iron phosphate. Although they have some similarities, the high energy density, long life cycles, and protection of both are significant differences. The majority of people are familiar with lithium-ion batteries since they own a smartphone, tablet, or computer. Lithium iron phosphate is a newer type of battery that is gaining popularity in the manufacturing industry due to its low cost materials and high temperature stability. Related books:- Automobile Industry, Automotive Components & Allied Products Engine Parts, Piston, Pin, Piston Ring, Valve, Control Cable, Engine Mounting, Auto Lock, Disc Brake, Drum, Gear, Leaf Spring, Shock Absorber, Silencer, Chain, Cylinder Block, Chassis, Battery Advantages of Lithium Ion (LiFePO4) Cell batteries High energy density paves the way for even greater capacities. When fresh, there is no need to prime it for a long time. All that is required is a single daily fee. Self-discharge is less than half that of nickel-based batteries, suggesting that they have a poor self-discharge. Low Maintenance: There is no need for a periodic discharge, and there is no memory. Specialty cells can provide a large amount of current to applications like power tools. Lithium Ion (LiFePO4) Cell manufacturing process Cathode, anode, electrolyte, and separator are the four primary components of Li-ion batteries. The continuous reactions of lithium in a lithium-ion battery produce electricity. Cathode A Li-ion battery's power and voltage are determined by its cathode. Since lithium is unstable in its element form, the cathode of a Li-ion battery is lithium oxide. The frame of the cathode is held together by a thin aluminium foil, which is coated with a paste made up of active material, conductive additive, and a binder. Related project: - Lithium Ion Battery Anode The anode is also coated with an active material that allows for the reversible absorption or emission of lithium ions released from the cathode while also allowing for the flow of electric current through the external circuit. Lithium ions are contained in the anode rather than the cathode when the battery is charged. Lithium ions migrate back to the cathode via the electrolyte as the conducting wire binds the cathode to the anode in the discharge state, and electrons are isolated from lithium ions and travel along the wire, producing electricity. Electrolyte The electrolyte in a Li-Ion Battery allows the transfer of lithium ions between the cathode and the anode, as well as the movement of electrons through the wire. To allow the movement of lithium ions, an electrolyte is usually made up of chemicals with high ionic conductivity. Separator The cathode and anode determine the battery's basic efficiency, while the electrolyte and separator determine the battery's safety. By holding the cathode and anode separate, the separator serves as a physical barrier. It also prevents electrons from flowing directly through the internal microscopic hole, allowing only lithium ions to pass through. Synthetic resins such as polyethylene (PE) and polypropylene (PP) are widely used in commercialized separators (PP). Market outlook The demand for lithium iron phosphate batteries in North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America is divided into three parts: the United States, Canada, and Mexico. Germany, the United Kingdom, Italy, France, and the rest of Europe make up Europe. China, India, Japan, and the Rest of Asia-Pacific make up Asia-Pacific. Because of its proven automotive sector and rising consumer electronics demand, Asia-Pacific dominated the global market. From 2020 to 2027, the global lithium iron phosphate battery market is projected to expand at a compound annual growth rate (CAGR) of 15.2 percent. Related videos: - Renewable Energy Sector, Green Power, Solar Energy, Biofuel, Hydroelectric, Wind, Non-conventional Energy, New and Renewable Energy Govt policies On November 11, 2020, the government approved the production-linked incentive (PLI) scheme in advance chemistry cell (ACC) battery manufacturing, as well as 10 other industries. The battery strategy of the scheme aims to make producers more internationally competitive, increase exports, achieve economies of scale, and develop cutting-edge goods. This is part of an attempt to encourage the use of electric vehicles (EVs), which have been hindered in India by high battery costs and a lack of supporting infrastructure. Battery imports account for more than half of the cost of an electric vehicle in India. The government has suggested that local manufacturing facilities be built in order to minimize costs and promote competition. The government has made it clear that it wants to drive India toward clean energy and transportation, as evidenced by the ambitious target of 450 GW of renewable energy production by 2020. Apart from promoting EVs, there has been a notable drive for renewable energy to be available around the clock, which includes energy storage like ACC batteries. Market Research; - Market Research Report The proposed battery policy is output-based rather than input-based, which is one of the scheme's key features. The subsidy is based on the amount of production generated and the amount of value added by private businesses. Only private companies would be eligible for a government subsidy if they reach a 60 percent value addition within five years of the project's start date, which is when full-scale development is planned. Any new technology that emerges in the next ten years will be eligible for a subsidy as well. Next, the government has set aside 570 billion (US$7.7 billion) for the car industry over the next five years as part of the programme. In reality, ACC manufacturing industries have been allocated 180 billion (US$2.4 billion) in advance. The government would pay the producer a fixed subsidy (as determined by the private entity's bid) for a period of ten years, subject to discounting over time. Economies of scale and lower production prices will be factored into the discounting. Key Players:- • BYD Company Ltd. • A123 Systems LLC, • K2 Energy • Electric Vehicle Power System Technology Co., Ltd. • Bharat Power Solutions • OptimumNano Energy Co., Ltd. • LiFeBATT, Inc. Related Projects: - Renewable Energy, Non-conventional Energy, Solar Energy, Biofuel, Biomass Projects Tags:- #LithiumIonBattery #LithiumIonBatteryProduction #LithiumIonBatteryIndustry #LithiumIonBatteryManufacturing #ElectricVehicles #ElectricVehiclesIndustry #ElectricVehiclesProduction #ElectricalIndustry #ElectricIndustry #RenewablePower #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #entrepreneurindia #startupbusiness #ProjectReport #startup #projectconsultancy #businessopportunity #IndustryDemands #profitablebusiness #ManufacturingBusiness
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Solar Panel

Solar panel refers either to a photovoltaic module, a solar thermal energy panel, or to a set of solar photovoltaic (PV) modules electrically connected and mounted on a supporting structure. A PV module is a packaged, connected assembly of solar cells. Solar panels can be used as a component of a larger photovoltaic system to generate and supply electricity in commercial and residential applications. Each module is rated by its DC output power under standard test conditions (STC), and typically ranges from 100 to 320 watts. The efficiency of a module determines the area of a module given the same rated output - an 8% efficient 230 watt module will have twice the area of a 16% efficient 230 watt module. The technology behind solar is relatively old, despite their futuristic appeal, but while the basics are the same the efficiency of solar panels has improved greatly in recent years. It’s worth noting that solar panel suppliers often have two types of solar panels on offer: thermal panels and photovoltaic (PV) panels. The former are used only to heat water. The electricity produced by solar panels will be used to power any appliances currently in use within home. Any electricity which is not used will be sent to the grid. India has abundant solar resources, as it receives about 3000 hours of sunshine every year, equivalent to over 5,000 trillion kWh. India can easily utilize the solar energy. Today the Government is encouraging generation of electricity from various renewable energy sources such as wind, solar, small hydro, biomass by giving various fiscal & financial incentives. This apart, the state governments are procuring electricity from renewable energy projects at preferential tariff. Multiple solar cells in an integrated group, all oriented in one plane, constitute a solar photovoltaic panel or solar photovoltaic module. Photovoltaic modules often have a sheet of glass on the sun-facing side, allowing light to pass while protecting the semiconductor wafers. Solar cells are usually connected in series in modules, creating an additive voltage. Connecting cells in parallel yields a higher current; however, problems such as shadow effects can shut down the weaker (less illuminated) parallel string (a number of series connected cells) causing substantial power loss and possible damage because of the reverse bias applied to the shadowed cells by their illuminated partners. Solar panels can be used to generate a portion of home’s power in order to reduce dependency on traditional power sources. For instance, install panels to provide electricity just for appliances or lighting, to reduce dependency on the utility company, as well as lower bill. Solar modules use light energy (photons) from the sun to generate electricity through the photovoltaic effect. The majority of modules use wafer-based crystalline silicon cells or thin-film cells based on cadmium telluride or silicon. The structural (load carrying) member of a module can either be the top layer or the back layer. Cells must also be protected from mechanical damage and moisture. The solar contribution stood at 5.44% as of 2018. Major factors driving the market studied are the declining cost of the solar module and the government policies like allowing 100% FDI under automatic route for renewable power generation and distribution projects which is expected to increase the participation from global players into the Indian market. With government promoting the solar installation in rural area by providing subsidized solar panels and other incentive, the solar PV installation is ought to increase during the forecast period and is expected to drive the market. So far, only five CSP projects, namely, ACME solar tower (2.5 MW), Dhursar (125 MW), Godawari solar project (50 MW), Megha solar plant (50 MW), and national solar thermal power facility (1 MW) have started operations in India. Owing to factors, such as, huge capital expenditure, difficulty in securing land and water, and insufficient DNI data, other projects have been delayed. India solar power products market is projected to grow at a CAGR of more than 11% to surpass $ 7.6 billion by 2024 on the back of increasingly stringent policy and regulatory framework and rising environmental concerns. The Ministry of New and Renewable Energy has set a target of 100 GW of solar power generation capacity by 2022. To achieve the target, government has taken several initiatives in the form of offering subsidies, financial assistance, and incentives to manufacturers, power producers and even customers. The global solar panel market volume reached 155.5 GW in 2019. A solar panel, also known as a PV panel, is a collection of solar (or photovoltaic) cells that employ natural sunlight to generate electricity. It is made of several solar cells, manufactured using silicon, boron, and phosphorus, which are arranged in a grid-like pattern on the surface. The utilization of solar panels has increased across the globe as they do not lead to any form of pollution and their installation helps in combating the harmful emissions of greenhouse gases. Also, innovations in quantum physics and nanotechnology are projected to increase their effectiveness potentially. They are superior to conventional solar panels in terms of efficiency and cost-effectiveness. They can also be integrated into almost any surface, which will further boost their applicability across various sectors. On account of these factors, the market to sustain positive growth over the forecast period (2020-2025). As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian Major Players • Dhursar Solar Power Pvt. Ltd. • Divine Solren Pvt. Ltd. • Ind Renewable Energy Ltd. • Indira Power Pvt. Ltd. • Janardan Wind Energy Pvt. Ltd. • Kiran Solar One Pvt. Ltd. • Laxmi Agroenergy Pvt. Ltd.
Plant capacity: 33 KW per dayPlant & machinery: 181 Lakhs
Working capital: -T.C.I: Cost of Project:668 Lakhs
Return: 28.00%Break even: 48.00%
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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