is becoming more popular in India as renewable energy gets traction. India, which receives over 3,000 hours of sunlight and solar radiation every year, is perfectly positioned to capture the sun's power. The Government of India on the other hand has already come out with an ambitious renewable energy goal of 175 GW by 2022 and 450 GW by 2030, and solar will play the main role in this. And a collaborative approach to scaling innovative solar energy solutions is the need of the hour.
In the past few years, many startups have risen to prominence, striving to scale solar energy sources and reduce the usage of natural resources and their impact on the environment. They are also coming up with new innovations along with offering end-to-end solutions to the market and individuals.
Having said that, in this article let's dig into a few revolutionary innovations by the solar industry startups, that will lead India towards a sustainable future.
Integrated Photovoltaic System (PV)
Solar companies are integrating PV systems into every aspect of our environment, eliminating the need for further land usage. As a result, innovations like integrated PV, floatovoltaics, and agrivoltaics make sense. Entrepreneurs are also working on thin-film cells to make solar panels more flexible, cost-effective, lightweight, and ecologically friendly.
To improve PV performance, emerging companies are exploring technologies to concentrate solar power utilising mirrors and lenses. Advancements in PV materials, such as the use of perovskite, are increasing energy conversion by a factor of 10. These breakthroughs are supported with photovoltaic designs that maximise efficiency and productivity. When these solutions are integrated, they promote recycling, resource efficiency, and the use of alternative materials, all of which contribute to sustainability.
Renkube, a renewable energy firm that has developed an innovative glass that boosts photovoltaic solar panel efficiency by 20%. A simple illustration is a mirror that can redirect more sunlight to the solar panel.