LED USES in RENEWABLE ENERGY

What is off-grid lighting?

Off grid lighting means lights that run on non-conventional energy which is also called green energy (example solar and wind). LED lights make usage of non-conventional means of energy a viable solution. Capex for per watt power generation through off-grid methods are high. Usage of LED reduces requirement of usage of power thus, directly reducing the capital expenditure.

Usage
Currently off grid lightnings are used for emergency purposes (example solar lantern). But it can be used at every place. Capital expenditure on source of generation is a major issue. Off grid power requires storage in the form of batteries which are charged using non-conventional form of energy (Solar and wind). Equipments required for solar and wind energy are costly.
Benefits
Usage of off grid lighting will certainly reduce demand of power and emission of carbon.

Can I start this biz?Roughly equipments for off grid power generation cost about Rs.130/ per watt plus batteries to store the generated power (as per requirement). Approximately Rs.1 crore. is the initial investment required for off grid lighting solution business to start on a small scale.

What the future holds ?
LEDs are complimentary to off grid systems. Thus, one who is looking to adapt off-grid means as source of power will definitely be bullish in adapting LED lights. This will save capex of off-grid system which can be employed to adapt LED lights!