Schedule a Call Back
Mumbai, January 12, 2017 – The Solar Thermal Federation of India (STFI) and the Indo-German Chamber of Commerce (IGCC) have teamed up for the international ‘Solar Payback’ project, which aims the increase the use of solar thermal energy in industrial processes. The Kick-Off Meeting took place in Mumbai on 16 December 2016.
Supported by the German Federal Environment Ministry and funded by the International Climate Initiative, the three-year project will be implemented in India, South Africa, Mexico and Brazil. It is coordinated by the German Solar Association BSW-Solar and eleven partner organizations: three German companies, plus each target country’s national solar industry association and German Chamber of Commerce.
Facilitators from Germany include research institute Fraunhofer ISE, the German Investment and Development Corporation (DEG) and communications and market research agency Solrico. The project will be jointly implemented in India by Pune-based STFI and IGCC with its head office in Mumbai. It was launched in October 2016 and will end in September 2019. The budget for the four countries is EUR 2.96 million.
The use of solar heat for cleaning, steam production, bath heating and surface treatment in manufacturing is still a niche market in India and around the world. “With Solar Payback, we aim to raise awareness about the huge market potential of solar process heat for three reasons: to reduce CO2 emissions, to save energy costs for the investors and to sharpen the competitive edge of local industries,†said Jörg Mayer, Managing Director of BSW-Solar.
India’s industrial companies, which are responsible for 38 % of the country’s total energy consumption, have installed a total of 40,000 m2 of collector area for solar process heat so far. “The saving potential of solar heat technologies in the industry is enormous, and payback times are pleasingly low,†said STFI Secretary General Jaideep Malaviya .He added “Solar Payback is likely to increase the confidence of industrial customers to supplement carbon-based fuels.†Suitable technologies for solar process heat are either flat plate collectors, concentrating dishes or vacuum tube collectors with CPC mirrors. Most systems based on these three technologies have been manufactured in the country; satisfying systems based on these three technologies have been the current government´s Make in India strategy.
Solar Payback has so far focused on an in-depth analysis of market barriers and drivers by drafting a solar process heat roadmap and making policy recommendations. In addition, it intends to strengthen the industry by offering training for planners and raise awareness by organizing an industry conference. The project partners will use a wide range of activities and communication tools to get in touch with the relevant stakeholders in politics, business and financing.
Key activity targets include:
<< Drafting a National Solar Process Heat Roadmap << Developing a financing/business tool for planners and investors to offer preliminary analyses of solar process heat plants << Developing policy recommendations for uptake of solar process heat at national level << Organising train-the-trainer workshops on planning / designing solar process heat systems << Implementing an online matchmaking network for investors and technology providers, and << Organising a local industry/stakeholder conference.
This project is part of the International Climate Initiative (IKI). The Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB) supports this initiative on the basis of a decision adopted by the German Bundestag.
India is rapidly emerging as a frontrunner in the world of 3D metal printing, a technology that is reshaping the way industries approach manufacturing. From aerospace to automotive, healthcare to de..
Read morePlans to display new models including internationally successful models and BYD’s India line-up. BYD’s participation in Bharat Mobility and the upcoming launches of the new models is a testament..
Read moreWhile delivering the Visionary Talk hosted by the 39th Indian Engineering Congress at Kolkata on December 20, 2024, Pradip Kumar Das spoke about the critical need for talent to drive the renewable e..
Read moreKeval Industries offers a wide range of bopp tape.
Delta Electronics India Private Limited offers AC servo motors and drives - ASDA-A3 Series.
Read moreJVS Electronics Pvt Ltd offers a wide range of high speed tripping relay two element JRV171x2.
Read more
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
Hi There!
Now get regular updates from IPF Magazine on WhatsApp!
Click on link below, message us with a simple hi, and SAVE our number
You will have subscribed to our Industrial News on Whatsapp! Enjoy
Schedule a Call Back