The most
prevalent definition is that renewable energy is an energy resource that is
substituted rapidly by a natural process such as power generated from the sun
or from the wind.
Rapid
development of science and technology enhance the dynamic growth of industrialization
by which shortage of energy is to be faced. Many innovative techniques have
been adopted to eradicate the energy issue to maintain a steady flow of
everyday life.
From a
statistical analysis, solar power was the fastest-growing source of energy
worldwide last year, outstripping the growth in all other forms of power
generation.
Renewable
energy accounted for two-thirds of new power added to the world’s grid in 2016,
according to the report from international energy agency solar was the technology
that shone brightest
In the
present scenario, the new solar capacity even exceeds the net growth in coal,
previously the vital source of power generation. Many technical individuals
have predicted that solar is going to dominate the global market for next five
years and we are going to witness the birth of a new era in solar
photovoltaics. Report says, the solar
energy potential will be enhancing the global market rather than any other
renewable sources of energy till 2022.
The measure
of sustainable power source limit gauge comprehensively in 2022 has been
modified upwards on last year's figure, driven by the IEA expecting a third
more solar in China and India.
India is set
for a solar boom over the next five years, as bottlenecks such as integrating
solar farms with the grid have came up. The country’s renewable energy capacity
is forecasted to double by 2022, overtaking the EU on growth.
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