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What we must now do is produce the energy needed in a way that is most compatible with our environment and therefore for mankind now and in the future.

The sustainable use of renewable energy is a key requirement. Companies that are active in this area make an important contribution to the future viability of our planet.

The rapid development of these markets and the need to capture resulting opportunities represent an enormous challenge to companies in this industry. We want to work with you to surmount these challenges.

You should prepare a business plan that will serve as the road map for effective venturing, whether you may require institutional funding (in which case it is necessary to do so) or not. Setting up of new business enterprises is a very challenging task; you are likely to encounter many problems en route. It's advisable to be aware of these problems as to forewarn means to fore arm!

 

Conduct a feasibility analysis/Detailed project report (DPR): We conduct a feasibility analysis of the proposed business ideas in regard to: Marketability, Technical viability, Funding and Legalities

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Market Analysis:The process of setting up a business is preceded by the decision to choose entrepreneurship as a career and identification of promising business ideas upon a careful examination of the entrepreneurial opportunities.

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Opportunity study: While no investor, whether an individual or an organisation, would like to miss out on profitable opportunities to either enter a new, attractive business, or to expand an existing business, out all opportunities are worth being so pursued. The task of sifting the two types of opportunities is facilitated by opportunity studies.

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Carbon Credits:Presently, a variety of approaches are being implemented to reduce carbon emissions. These range from efforts by individuals and firms to reduce their climate footprints to initiatives at city, state, regional and global levels. The scheme has been entitled Clean Development Mechanism, or more commonly, Carbon Trading.

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Process Heat for Industrial Application: Very often we can find steam temperatures at 150 to 180C while the processes run below 100C or even much lower. The easiest way of integrating solar thermal heat into industrial energy systems, is to supply it to the existing heating system. In that case, the solar collector has to be operated at the same temperature level as the existing heating system, which will be above 100C in general.

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Do it yourself: Would you like to have your own business or reduse your energy bills by up to 80% or more? If so, then continue reading to find out how you can build your own solar panels, solar water heater, biomass digester etc. to cut your electricity costs and contribute to a cleaner environment in the process.

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The Innovator

Gurmit Singh, New Delhi

Dr. Gurmit Singh is a research scientist and an environmentalist, his profound enthusiasm and passion for renewable energy technologies has been for 28 years now. He holds both his Bachelors and Masters degrees from 'Rheinisch-Westfalische Technische Hochschule Aachen.' In Germany and spent 14 years in Germany working as a research Scientist and then 8 years in Florida, USA in Solar Research. He is winner of 'Lockheed Martin Innovation Award 2008' in renewable energy, also won the '2010 BuildArch Award'and recently won the 'i3 India Innovates Award 2011'. His professional career started with a technology assessment of the carbon abatement potential of specific industrial technologies in the EU, and the evaluation of national and international policies and measures in the areas of climate change, energy efficiency and renewable energy. Currently he is a Visiting Faculty for 'Renewable Energy' at Amity University, Noida

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