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Solar Energy India Essay

798 words - 4 pages

EXECUTIVE SUMMARY

STRATEGY IN SOLAR ENERGY – MAHINDRA EPC

Group 4
E023 Mayank Dugar
E032 Pavan Kunjoor
E050 Nithish S
E051 Shaik Safik
E052 Nithin Sandhyala
E065 Pranav Venuturumilli
E067 Dhruv Mehta

INTRODUCTION
Mahindra EPC is the Engineering Procurement & Construction arm of the Mahindra group committed to provide world class solutions to its customers. Mahindra EPC Services Pvt Ltd is a portfolio company under Mahindra Partners. Mahindra EPC’s services commenced its operation in the year 2011 by making a beginning in the renewable energy space with the turnkey execution of large grid connected and small off grid roof top PV Solar projects. In a short span of 3 years ...view middle of the document...

7% of the total installed power capacity of 167,077 MW in India. Among the RE sources, wind power is the dominating component while solar energy currently contributes to less than 0.1% (on-grid+ off-grid) of the total installed capacity.
Total potential for solar energy generation in India:
Total Land Area(sq km) | 3,287,590 |
No. of sunny days | 200 |
Unit potential from 1 sq.km | 4kwh/day |
Conversion efficiency | 15% |
1 sq.km(Mn units per year) | 120 |
0.5% of land used(in sq km) | 16,438 |
Potential units(in billions) | 1,972 |

The solar energy potential in India is immense due to its convenient location near the Equator. India receives nearly 3000 hours of sunshine every year, which is equivalent to 5000 trillion kWh of energy. As shown in above table, India can generate over 1,900 billion units of solar power annually, which is enough to service the entire annual power demand even in 2030 (estimates). Rajasthan and Gujarat are the regions with maximum solar energy potential. This, coupled with the availability of barren land, increases the feasibility of solar energy systems in these regions. Considering India’s solar potential, the government has rolled out various policies and subsidy schemes to encourage growth of the Solar Industry, which is expected to experience exponential growth in the coming years.
VALUE PROPOSITION OF MAHINDRA EPC:
1. Key Alliance partnersMahindra Consulting Engineers (MACE)
With decades of engineering experience and an expert team of 100+ engineers, offers project management...

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