1. SOLAR ENERGY UTILISATION(SAVING ELECTRICITY USING RENEWABLE
SOLAR RESOURCE )CONCEPT :Renewable solar energy is one of the most
effective source of energy that not onlyprovides us with power to
run our industries , but also useful for home applications
likelighting our houses cooking food , water heating and running
other electrical appliancessuch as Television set , Radios ,
microwaves and computers .Modern technology has made it easier to
harness this important source of renewableenergy , which in turn
has led to improvement of our lives.
2. HEATING, COOLING , VENTILATION AND AIR CONDITIONINGHeat form
the sun is harnessed using solar panels and the energy collected
from thepanel is transformed in to electrical energy that is used
in driving air conditioners thatprovide cool air when it is hot and
provide warmth by heaters when it is cold ensuringthe comfort of
living in our housesWATER HEATINGThis is the most common
application of renewable solar energy as this application doesnot
require much technological know how . Sunlight is used in heating
water byconcentrating the sun rays for heating by use of solar
panels .
3. COOKINGBy concentarting the heat energy from the sun on the
required area , this can be mosteffectively used for
cookingSimilarly , solar energy can be used in place of electricity
for running various appliances athomes and offices .ALTERNATIVE
SOURCE OF ELECTRICITY :With more and more applications, renewable
energy like solar is the remedy for theincreased global warming as
there is no emittance og green house gases when we usethis type of
green energy resources .MARKET SIZE :Market size is unmlimited as
long as there are1. Cost effective panels2. Easy installation and
maintenance3. User friendly technologyCOMPETITION
4. Competition is very less as there are lot of scope for
improved /cost effective technology andinnovetive usageBUSINESS
MODEL