Chennai, 15 July (H.S.) : A report by a prominent climate think tank has revealed that Tamil Nadu can save a staggering Rs. 16,000 crore in the next five years by adopting floating solar plants. The study highlights the potential of floating solar technology to significantly reduce the state's power costs and reliance on conventional energy sources.

According to the report (https://x.com/ClimateHorizons/status/1944632013199147265), floating solar plants can harness the abundant solar energy available on water bodies, thereby reducing land acquisition costs and increasing energy efficiency. The think tank estimates that by leveraging this technology, Tamil Nadu can generate a substantial amount of renewable energy, resulting in considerable savings on power purchase costs.

The report further emphasizes the environmental benefits of floating solar plants, which can help reduce greenhouse gas emissions and mitigate the impact of climate change. With Tamil Nadu aiming to increase its renewable energy capacity, the adoption of floating solar technology can play a crucial role in achieving this goal. The think tank has urged the state government to prioritize the development of floating solar plants, citing the potential economic and environmental benefits.

The findings of the report are expected to spark renewed interest in floating solar technology, with potential investors and stakeholders taking note of the lucrative opportunities in this sector. As the state government explores ways to meet its renewable energy targets, the adoption of innovative solutions like floating solar plants can help Tamil Nadu emerge as a leader in sustainable energy production.

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Hindusthan Samachar / Dr. R. B. Chaudhary