Solar Power Generation

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Welspun Renewables has the world’s largest solar power / energy plant. They are counted as highest solar power generation plant in India

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Title: Can Renewables Replace Fossil Fuels For A Cleaner Future Summary: here’s a look at three important renewable energy facts that you need to be aware of. Even as negotiators from the developed and developing nations haggle to wrap up a global agreement to curb climate change at the crucial Paris summit here’s a look at three important facts about renewable energy projects and resources that you need to be aware of: It’s a lot cheaper than you think: Without subsidies and without factoring in negative externalities of fossil fuels renewable resources are already cheaper than traditional generation in many places. For example wind energy has been consistently priced at approx 5 cents USD per KWH or lower in the best locations. In 2013 power purchase agreements in the central US were found to average about 2.1 cents USD per KWH. This included approx 10 years of 2.3 cents per KWH tax credits from the PTC. Other countries like Brazil have also managed to be steady at approx 5 cents USD per KWH LCOE for three years at an average at its auctions. In Europe offshore wind is priced at about 10 cents per KWH at an average and sometimes lower at 8 cents based on up to 77 capacity on its biggest wind farms which are known to average at over 50 consistently.

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Grid integration is not as tough as it looks: Denmark received 34 of its total generation from wind last year and is known to touch cent percent on windy days. Germany Europe’s largest economy is also known to regularly generate 100 of its energy needs from the wind and solar sectors. In 2014 Spain generated its maximum energy from the wind energy sector. Texas USA frequently caters to more than 25 of its energy demand from wind alone. Countries and states like the above have experienced a gradual improvement in grid reliability by leveraging renewable energy sources. It doesn’t need massive storage immediately: Wind and solar energy projects are already generating a larger percentage of the worlds energy every year and reducing the dependence on traditional fossil fuel-based energy generators in the process. Wind and solar clearly have the capability to provide for most of the world’s energy needs in a clean and sustainable manner. By incorporating the relevant storage technologies they can also be utilized to provide cheaper energy during peak demand hours thereby enhancing grid reliability and improving overall economic productivity. Welspun Renewables is on a mission to hasten the development of wind and solar energy by efficiently leveraging India’s abundant renewable resources.

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Awards GLOBAL SOLAR ENERGY LEADERSHIP AWARD 2015

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Contact Us MUMBAI 406 Hubtown Solaris NS Phadke Marg Andheri East Mumbai - 400069 Phone: +91-022-61408000 Fax: +91-022-26844888 NEW DELHI 3rd Floor Press Trust of India Building. 4 Parliament Street New Delhi - 110001 Phone: 91-011-66034600 Fax: 91-011-66273091 General Enquiries Email: welspunenergywelspunenergy.com Website: http://www.welspunrenewables.com

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