Business Daily from THE HINDU group of publications
Saturday, Mar 08, 2008
ePaper | Mobile/PDA Version


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Non-conventional Energy
States - Maharashtra
Square Engg to make ‘sun cubes’ for power generation

Our Bureau

Pune, March 7 Pune-based Square Engineering Pvt Ltd (SEPL) has set up a facility at Satara to manufacture sun cubes based on the hi-tech concentrator photovoltaic technology (CPV). This incorporates, for the first time ever, the use of space technology for terrestrial applications. Each of the cubes can produce three units of electricity per day.

SEPL will begin manufacturing the sun cubes under license from Australian renewable energy company Green and Gold Energy (GGE) by May.

The initial plan is to make 1 lakh units per annum that will translate into 30 MW of installed capacity.

This is being ramped up to 100 MW (3 lakh cubes per annum) by setting up a second greenfield plant at Satara that will become operational by December. The total investment in the project is Rs 80 crore, said Mr Deepak Kelkar, Managing Director, SEPL.

Each square metre sun cube is fitted with nine CPV cells supplied by the US-based Emcore Corporation (in India, the company is an exclusive supplier to the Indian Space Research Organisation) and a programmable two-axis tracking unit that helps it to attain 38 per cent conversion efficiency against 15 per cent in the traditional solar modules.

Cost-effective

“The system can generate electricity from the sun at the same price that a new fossil fuel generation plant can,” Mr Greg Watson, CEO, GGE said. He added that the cost of putting up a sun cube plant is one-tenth of that for conventional flat panels.

The cost of each cube comes to around Rs 60,000. “On a 20 year calculation, the cost of electricity is around Rs 3.80 per unit,” said Mr Kelkar.

Modular design

The modular design makes installation easy, and though interim losses make storage unviable for industrial purposes, standalone domestic units can store the electricity generated during the day in the inverter battery for use at night, he added.

More Stories on : Non-conventional Energy | Maharashtra

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



Stories in this Section
Cold spell, rains hit chana crop


Square Engg to make ‘sun cubes’ for power generation
Green Ventures India plans to invest $300 m in renewable energy projects
Private fund managers for pensions ruled out
‘Best time for investing in stocks’
‘Budget fails to address food security issue’
Budget: Boost to consumption
Return of prima facie adjustments
Effect of service tax changes
Budget belies hopes of plantation sector: APK
Higher outlay for IT, tourism in Kerala
LA trade team to explore opportunities in Kolkata
US visas to cost more
Paanchvi Pass may earn Star TV Rs 150-cr ad revenue
ISB, Goldman Sachs join for education plan
Seminar on management education
Argentum to expand capacity to produce 4 lakh small cars
UK firm to invest Rs 131 cr in Matheran Realty for low-cost housing
LIC Housing to float real estate fund
Hiranandani, Lahari Infra to invest Rs 750 cr in multi-services SEZ
Asset Homes' new project
Ireland’s Saon Group to invest €10 m in India
Sizing up the tax measures in Budget 2008
Ministry seeks extension of low interest to exporters

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