The increasing demand for Power and subsequently Energy has led to considerable consumption of fossil fuels which has had an adverse impact on environment. It is estimated that great deal of Energy can be saved through Energy Conservation and Energy Efficiency and hence very critical for a energy-deficit Country like India.
With the use of conventional methods of electricity generation we are increasing the carbon emission levels into the environment, high cost of electricity is another reason to look for alternatives and today we are highly dependent on other sources of electricity such as Diesel Generators and Inverters.
While a majority of the world's current electricity supply is generated from fossil fuels such as coal, oil and natural gas, these traditional energy sources face a number of challenges including rising prices, security concerns over dependence on imports from a limited number of countries which have significant fossil fuel supplies, and growing environmental concerns over the climate change risks associated with power generation using fossil fuels.
As a result of these and other challenges facing traditional energy sources, governments, businesses and consumers are increasingly supporting the development of alternative energy sources and new technologies for electricity generation.
Renewable energy sources such as solar, biomass, geothermal, hydroelectric and wind power generation have emerged as potential alternatives which address some of these concerns. As opposed to fossil fuels, which draw on finite resources that may eventually become too expensive to retrieve, renewable energy sources are generally unlimited in availability.