Author(s): Atul Sharma
Energy is considered a prime agent in the generation of wealth and a significant factor in economic development. Energy is also essential for improving the quality of life. Development of conventional forms of energy for meeting the growing energy needs of society at a reasonable cost is the responsibility of the Government. Limited fossil resources and environmental problems associated with them have emphasized the need for new sustainable energy supply options that use renewable energies. Development and promotion of non-conventional/alternate/new and renewable sources of energy such as solar, wind and bio-energy, etc., are also getting sustained attention. Alternative energy news source has long asserted that there are fortunes to be made from smart investments in renewable energy. Solar power is one of the hottest areas in energy investment right now, but there is much debate about the future of solar technology and solar energy markets. This report examines various ways in which solar power is precisely such an opportunity.