Abstract :

Energy supplies from renewables such as from biofuels, solar heat, photovoltaics, wind, hydro, wave, tidal, geothermal, and ocean-thermal are essential components of every nations energy strategy, not only because of concerns for the local and global environment, but also for energy security and sustainability. Solar energy, amongst other renewable sources of energy, is both promising and freely available energy source. It has the capacity for managing long term issues in energy crisis. The fast growth in area of solar technologies comes with various pitfalls. It is limited by the technology of the time which includes low efficiency of solar cells, economic hindrances for example high upfront costs and a dearth of financing processes and technical obstacles which include old and inadequate infrastructure and a shortage of skilled workforce. New methods can be implemented and ways of using solar energy in medium and large scale business can be designed. A novel idea would be to install medium to large scale solar plants to produce power and to commercialize it as the demand for electricity from alternative sources will be ever increasing.