siliconindia | | September 20198SOLAR ENERGY: SAVE THE PLANET EARTHBy Anoop Kumar Garg, Deputy General Manager - Corporate Legal, AircelA motivated self-starter and performance-driven professional, Anoop offers diverse experience in negotiating & securing favourable deals, providing employer with general legal counsel, and driving business to new areas and elevationsIN MY OPINIONS olar' is the Latin word for the `Sun' and it's a powerful source of energy. We all know the Sun is the biggest source of energy on the planet and for thousands of years human species depended on solar energy to heat their homes, to have hot water and also to cook their food. Due to population explosion & technological advance-ments, the demand of World's energy is growing day-by-day and almost all the World's economies are focusing for a reliable, cost-effective and ev-erlasting renewable energy source to meet-out the present energy demand and arising in future. The primary source of all energy on planet Earth is from the sun. Solar power can be used for heat energy or can also be converted into Electric en-ergy through solar panels. When we use solar power, we don't use any of the Earth's resources like coal or fossil oil. Among other available renewable sources of energy, solar energy is a promising and freely available energy source which will resolve the entire future energy crisis to be faced by the mankind on the planet. The biggest advantages of solar power include the energy indepen-dence, quiet energy production, envi-ronment friendly, and its overall cost. But it has high initial cost and depends on clear weather; it's not always avail-able, and methods of storage & stop-gap are required for when it is cloudy or raining outside.Solar industry is developing pro-gressively all over the world because of the high demand for energy and a low cost, environmental friendly rath-er than zero carbon emission source. The world now understood that fossil fuel is limited and other sources are expensive. It has become a tool which recognizes a country as an economic developed status. The developing countries like In-dia & Brazil having higher population are being widely impacted econo-mies by higher spending of foreign currency for its import of fossil fuel and their refining and distribution. At present in India, the rate of Petrol and Diesel (Petrol at an average of 72 per litre and Diesel at around 70 in metro cities) is increasing day-by-day and they are making high records each day impacting not only the balance of payments, but also causing infla-tion in the economy, devaluation of rupee as close to Rs.70 against one dollar, and affecting the daily life of common men.The developing countries now very well understood that to sustain in the inflated market conditions and uplift the lives of their underprivi-leged population, solar energy is the only cost-effective source and the so-lar industry would undeniably be the best choice for future energy demand, since it is longer in terms of availabil-ity, cost efficiency, obtainability, ca-pacity and efficiency as compared to other renewable sources of energy. In a research, Scientists found that the Sunlight that shines on the Earth in just one hour could meet world's energy demand for an entire year. In Solar industry is developing progressively all over the world because of the high demand for energy and a low cost, environmental friendly rather than zero carbon emission source
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