With the rapid changes in Technology in the areas of Solar PhotoVoltaic Panels and White LED’s the scope of using these systems improves dramatically whilst ensuring that the cost of the systems will drop by atleast 25% within the next 12-24 months

The Technology trends of changes are :
1) Solar Photo Voltaic Panels : With the emergence of Thin Film Technolgies whether Amorphous Silicon Panels or CdTe Panels or new materials the efficiency of the Panels has improved . There is seen an immense potential for the cost of the Panels to fall to approx. USD 1 per Wp as against the current prevailing price of approx. USD 3 per Wp
2) White LED’s : With technology advancements the Luminosity Output of the LED’s has improved from about 25 Lumens/Watt of Input power consumption in 2005 to 50 Lumens/Watt of Power by June 2006 and is expected to further rise to 100 Lumens/Watt by end 2007/ early 2008
3) Batteries : With the development of newer technologies we hope to be able to use either Lithium Ion Batteries OR Nickel Metal Hydride Batteries instead of the present Lead Acid batteries . The Life cycle of the Lead Batteries is just about 600 cycles @ 30-35% Depth of discharge as against the Life of a NiMH Battery of about 2000 cycles @ 40-50% Depth of Discharge . The issue of Cost remains as now the Lead Acid Batteries are about 30% of the cost of equivalent NiMH Batteries . We forsee that the prices of NiMh Batteries will fall within 12 months

These developments have created multiple advantages in focusing on Solar Energy and Digital LED Lighting as an alternate source of Energy and Lighting

Following the technology improvement trend, we forsee new developments to pick up rapidly in the next 12-24 months, leading to much better efficiency and reduction in costs for the product. This should help increase the consumer base and reach of the product

LED Lamps ( Input : Mains AC Supply from the Grid) : White LED Lamps with an Input from the Mains AC supply can help in Load Demand management of the State Electricity Boards . This is because they consume about 1/8th the Electric Power consumed by Incandescent Lamps . This reduction in Power requirements can help meet the electricty demands of a larger number of Homes as the saved power sourced from the existing generation and transmission facilities can be supplied to other Homes and the Electricity Boards can avoid having to resort to load shedding across the country.