BIPV: A new business opportunity for solar players

- Advertisement -

With the use of solar energy gaining momentum in India, technology is advancing fast and innovative products and concepts are being developed faster, giving rise to new business potential for solar players. A new solar application, which is based on building integrated photovoltaic (BIPV) technology, is now being used in India, and companies like Moser Baer Solar Ltd and Tata BP Solar have commissioned projects based on this technology.

By Richa Chakravarty

Wednesday, May 11, 2011: Cost effective solution

- Advertisement -

BIPV technology is cost effective, as instead of conventional material one can use solar panels to build ones home, office or other commercial buildings. This technology integrates PV modules into the building envelope such as the roof, facade or the glass panels. These solar panels can simultaneously serve as building envelope material and as a power generator, saving materials and electricity costs, as well as reducing the use of fossil fuels and emission of ozone depleting gases.

Although the solar panels are more expensive than the materials commonly used in construction of buildings, but by avoiding the cost of the conventional building materials, the incremental cost of PV modules is reduced. “Also, BIPV systems often have lower costs than PV systems, as they do not require dedicated, mounting systems,” says KN Subramaniam, chief executive, PV systems business, Moser Baer Solar Ltd.

BIPV solar panels may cost 25-30 per cent more than glass panels, but over the years this cost will be recovered as these panels will also generate power for the building.

Moser Baer has recently used this technology and converted the exterior façade of the Jubilee Hills shopping complex in Hyderabad into solar panels and erected a 1.8 kWp solar application. The company is leading the Indian BIPV journey because of design team capacity. “These panels will generate electricity to meet the power requirements in the shopping complex,” says KN Subramaniam.

Tata BP Solar has also used BIPV technology at the Samudra Institute of Maritime Studies in Pune. This will satisfy the institute’s power requirements internally, mitigating the problems of erratic and poor quality of power supply.

“PV applications are no longer standalone solar panels, but could be a combination of sun and structures that lead to opportunities to convert windows, exteriors and other integrated applications into solar panels in a commercially viable manner. This thin film module system will help in increasing the utilisation of solar energy as a mainstream source of energy,” informs KN Subramaniam.

Promising future

BIPV is a part of the PV industry but due to its possible usage as a building product, it is also seen as part of the ‘green building’ movement. While the green building concept is firmly established in countries like Japan and Korea, and is rapidly gaining momentum in China, Taiwan, Singapore, Malaysia, it will take some more time to become popular in India.

According to a report, the global market of BIPV was valued at 1201 MW in 2010, and is expected to increase at a 56 per cent CAGR to reach a capacity of 11,392 MW in 2015. In India, Moser Baer is implementing four BIPV projects in the near future. Also a growing demand for energy, pollution concerns, unviable fossil fuel-based energy generation options, and aggressive National Solar Mission goals would all help to make BIPV popular, giving rise to a potential market for the solar industry.

Electronics Bazaar, South Asia’s No.1 Electronics B2B magazine

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

“Don’t Let Designations Become A Wild Goose Chase”

0
In his childhood, he possessed just one sweater, meant to last through many winters. He could not join IIT Roorkee because the cost of...

“Capitalise On ‘China Plus Two,’ Where Products With Higher Value Addition Become The Focus”

0
EPIC Foundation aims to transform India into an electronics hardware product nation by collaborating with governments, universities, design houses, and startups. In a conversation...

Exclusive: Electric Two And Three Wheelers In Focus For AMP 2030

0
It seems that the Indian government is going to focus on electric two— and three-wheelers. Taking these beyond Tier 1 and 2 Indian cities...

Buzz

solar panels

Tata Power Solar And Indian Bank Forge Partnership To Propel Residential Solar Adoption

0
This collaboration aims to facilitate easy access to financing for homeowners, setting the stage for a greener future. Tata Power Solar Systems Limited (TPSSL) has...

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...

Scoop: Finayo Plans Rs 100 Cr Financing Fund For EV Dealerships

0
While EV finance is improving in Bharath (Tier 2, 3, 4 cities, and rural India), it is still one of the biggest challenges! Can...

Important Sectors

solar panels

Tata Power Solar And Indian Bank Forge Partnership To Propel Residential Solar Adoption

0
This collaboration aims to facilitate easy access to financing for homeowners, setting the stage for a greener future. Tata Power Solar Systems Limited (TPSSL) has...

Log 9 Enters EV Asset Management Via Amphion

0
Commercial electric vehicle asset management and finance is becoming one of India's biggest emerging business opportunities. Here's Log 9 joining the segment! Log 9 has...

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...

Scoop: Finayo Plans Rs 100 Cr Financing Fund For EV Dealerships

0
While EV finance is improving in Bharath (Tier 2, 3, 4 cities, and rural India), it is still one of the biggest challenges! Can...

Macquarie Group To Invest $1.5 Billion In Indian Fleet Electrification With Vertelo Launch

0
Vertelo has entered into a long-term lease agreement with Tata Motors, committing to purchase up to 2000 electric cars within the next three years....

Manufacturing

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...
Sona Comstar

Sona Comstar Launches Mexico Plant For North American EV Demand

0
The new facility, established to address the increasing demand for premium driveline solutions for BEVs in North America, will focus on manufacturing differential assemblies...

Sterling Tools Inks MoU With Yongin For EV Components Facility

0
Sterling Tools announced that this strategic partnership is anticipated to bring in Rs 250 crore in business over the next five years. This collaboration...

Tata Elxsi-Renesas MCU Boosts EV Cost Efficiency And Market Speed

0
The Motor Control Unit's modular, scalable design facilitates integration across various EV applications, reducing time to market by 40%, lowering design and development costs...

Ramkrishna Forgings To Supply Powertrain Parts To Top US Electric Carmaker

0
Indian producer of rolled, forged, and machined products enter the US electric vehicle market for the first time. Ramkrishna Forgings, an Indian supplier of rolled,...