Urging investments in solar energy sector for meeting the future energy demand

The universities in Algeria and Japan recently proposed an initiative which aimed to satisfy the energy needs of the whole world by 2050, via the solar power plants in the Sahara desert. The main theme behind this solar venture is to combine the copious sand and solar power available in the Sahara desert and primarily construct a silicon manufacturing plant.  The plethora of silicon produced from these plants will be used for developing high quality silicon, which can be used in the solar panels. The energy produced from these solar power panels can be used for building next generation solar power plants and solar panels. This is an unprecedented project in the history of solar industry and Hidemi Koinuma from the University of Tokyo conceives that, it would turn out to be a very good solution for the growing energy demand. Many analysts and veterans think that, this solar installation would be a herculean task since the superconductors required for the power distribution, will not function at the high temperature and it will require large amount to cool the superconductors.

In the International Islamic University the Power Generation Systems and Renewable Energy Technologies conference took place recently, which focused on the energy crisis faced by Pakistan and the ways to handle the energy crisis. The conference mentioned many investments in energy should take place in Pakistan and many sustainable energy investments and short term steps should be taken to assuage the crisis. The president of the International Islamic University Dr. Anwar Hussain Siddiqui in the conference articulated that, the global demand for coal and oil is increasing rapidly and many countries are taking large steps and huge amount of energy investments are taking place to develop alternative energy resources. Dr. Anwar Hussain Siddiqui also mentioned that, the conference would provide opportunity for professionals, scientists, engineers, capitalists and policymakers to examine the advance developments and energy investments taking place across the globe.

The conference also focused on the development of several sectors such as bio-fuel energy, nuclear energy, solar energy, wind power, nanotechnology and effects of the climate change. Every country should concentrate on the above sectors and provide necessary energy investments to develop the economy of the country. The trade relationship between the Nepal and Malaysia has been enhanced and the small capital and mid capital entrepreneurs are marching towards the Himalayan state to explore the unexploited market. Datuk Pradeep Kumar, the president of the Malaysian Nepal Business Council in the conference said that, the diplomats of both the countries were commencing to beef up the business base and foster the commercial links.