Both Solar Energy and Biomass Energy have their individual strengths and weaknesses. Solar energy requires very less maintenance but is limited only for 5-6 hours per day on an average. Biomass energy has an advantage of dispatch ability but biomass prices vary on a wide scale every year. Solar PV-Biomass Hybrid power plant which will enhance the potential of the plant by balancing their individual strengths and weaknesses.



Sunlight takes 8 minutes 20 seconds to reach earth's surface and it is almost 3078 times the energy that we need to sustain. So, our SUN is seen as most abundant renewable energy source.

           Average global power demand is considered to be 16 TW. Surface power density is a tool which helps us evaluate land requirement for each renewable energy resource. Table given below shows range of densities that represent an average power density of all locations on earth.

Source
W/m2
Hydro
8-10
Wind
2-3
Solar
20-30
Bio
0.1-0.3
Geo
0.005-0.015
Tidal
2.5-3.5
Wave
20-30

                      Solar Energy is economically viable and competitive in market. A recent report in International Energy Agency (IEA) states that photo-voltaic and solar thermal technologies will fulfill 27% demand by 2050. Dropping cost of solar cell and continuous innovation is making solar technology more attractive. Innovations have been made in past years and efficiency has also reached beyond limits, thus promising a future with clean energy.







Softbank CEO, Masayoshi Son

Masayoshi Son, is a Japanese businessmen and also the CEO of SoftBank. Son was named world's 45th most powerful person by Forbes Magazine's "List of world's most powerful people 2013".


Soudi Crown Prince Mohammad bin Salman






Mohammad bin Salman is the crown prince of Saudi Arabia which is the second most important position in the country. He was appointed Crown Prince in June 2017.








Masayoshi Son and Mohammad bin Salman signed MoU to create world's largest solar power generation project. During a press conference in New York they said  that they are expecting to build solar plant of 200 GW capacity in the country by 2030. In 2019 two plants of capacity 3 GW and 4.2 GW will be launched.
                   
           Estimated cost of this project is $200 billion through 2030. This large scale solar plant will thus provide a support to domestic solar equipment manufacturing industry. This project would almost triple the electricity generation capacity in the country.

China's Tengger Desert Solar Park is currently the biggest in the world with capacity of 1500 MW. Being the largest exporter of petrolium, this is a significant move by Saudi Arabia.