Harnessing Earth’s Power:The future of renewable energy
Prabhat Renewable Energy & Agro Ltd. is dedicated to producing energy from Earth’s natural resources, focusing on those that can be replenished faster than they are consumed. Our primary focus is on solar power, with advancements in solar photovoltaics (PV) technology leading the way. Solar PV panels collect sunlight, convert it to electrical energy, and store it in batteries for diverse uses.
Over the past decade, the cost of solar power has dropped by almost 90%, thanks to decreasing material prices and advancements in installation processes. Our innovative technology produces lighter, more flexible, powerful, and efficient solar panels that generate electricity even during low sunlight periods.
We also invest in energy storage systems (ESS) like flow batteries, which are crucial for consistent energy distribution. These scalable and reliable systems support grid-scale energy storage, enabling long-term energy storage for periods of low or non-production, helping manage load and create a stable, resilient power grid.
As the world shifts towards renewable energy, extending ESS capabilities becomes essential for decarbonization and a clean energy future. According to the International Energy Agency (IEA), renewable energy capacity increased globally by 50% in 2023, with solar PV accounting for three-quarters of that growth. By 2028, renewable electricity capacity is expected to grow by 7,300 gigawatts, with significant contributions from solar PV and onshore wind.
At Prabhat Renewable Energy & Agro Ltd., we are committed to contributing to this growth and helping the world reach net-zero emissions through innovative technology and sustainable practices.
Join us in harnessing the power of the sun and creating a cleaner, greener future.
