Moser Baer Clean Energy Limited (MBCEL) is backed by strong promoters who have a long term perspective and positive outlook for the solar sector. MBCEL also benefits from the Group’s strong EPC capabilities and presence in various parts of the value chain.
Power from the sun is clean, silent, limitless and free.
Photovoltaic process releases no CO2, SO2, or NO2 gases which are normally associated with burning finite fossil fuel reserves and don't contribute to global warming.
Solar power shall augment the supply of peaking power deficit.
Assists in meeting renewable portfolio standard goals.
Solar Power in India:
High solar irradiation
» Majority of the country with high incidence of solar irradiation (5.2Kwh/Sqm annual average)
» Many parts with solar irradiation > 6.0 Kwh/Sqm; over 300 sunny days
Distributed generation – close to load centers
» 5-50MW farms distributed across states/districts
Solar is 100% peaking energy
» Seasonal peak
» Daytime peak
Can be set up rapidly 6m-1yr gestation period
» Shorter implementation period
» Lower environmental/social issues
Land is cheap and plentiful
Govt. committed to Solar » Jawaharlal Nehru National Solar Mission launched on Nov 23, 2009 » Accelerated depreciation on solar assets - 80% year 1 » Cess on coal to provide capital to innovative renewable technologies » 20% cash subsidy for manufacturing investments - MBPV has secured $700m of Govt. subsidie
