Business Daily from THE HINDU group of publications
Sunday, Feb 17, 2008
ePaper | Mobile/PDA Version


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Non-conventional Energy
Info-Tech - Hardware
India holds potential for solar energy play

M. Somasekhar

Hyderabad, Feb. 16 India has not just sunshine round the year, but it could offer the ingredients to manufacture devices that store and distribute higher conversion efficiency power, said Mr Stanley T. Myers, President and Chief Executive Officer, Semiconductor Equipment and Materials International (SEMI).

SEMI, the standards making body for the entire semiconductor industry, is also making efforts to put in place standards for the solar photovoltaic industry (SPV), he told Business Line here.

With oil set to become scarcer in the long run and also cartelised now, and coal being a polluting source, solar energy is a clean, renewable source that can meet the global energy requirements over the long run, said Mr Myers, who is in India and would be honoured at the upcoming Indian Semiconductor Association meeting in Bangalore early next week.

At present, the conversion efficiencies of PV cells and the costs of making them are not very economical. However, the industry needs the support from the Government to accelerate technology developments and make it more cost effective, Mr Myers said.

The CEO of SEMI, the Executive Vice-President, Mr Paul L.M. Davis, and senior advisor – India, Mr D.J. Rao, visited a few of the upcoming solar PV industry.

Mr Paul Davis felt that the growth in the semiconductor technology and unexpected breakthroughs could give the necessary push to the PV industry, especially in countries such as India.

More Stories on : Non-conventional Energy | Hardware

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
India holds potential for solar energy play


HC restrains TVS from launching Flame motorcycle
AP annual Plan pegged at Rs 43,203-cr
Industry must act against global warming: Pachauri
‘Kaladan project key to North-East progress’
‘Fuel price hike will add to inflationary pressures’
‘NTPC to increase capacity to 55,000 MW’
‘FMC can relist futures trading in pulses, grains’
US sees growth in processed food export to India
Rajeev Chandrasekhar sworn in as FICCI chief

BusinessLine E-paper


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line