For the first time, Indusind bank has installed the solar powered ATM at Lamington Road, Mumbai. It has become a new landmark near the colonial era Opera House.
Managing Director of the bank says atleast 100 out of the 500 ATMs, managed by the bank, will switch to Solar power by the end of 2010.
Here are some highlights:
- Solar power generated in one day is around 6 watts per hour.
- Solar power generated in a year is around 2010 units. (335 sunlit days)
- Annual savings from using solar power 8 hours a day is around 20,100 Rs.
- 1.942 tonnes of carbon emissions are saved in a year.
- One KW power from fossil fuel releases about 960 gm CO2.
- Solar powered ATMs are expensive (7 lakhs compared to 5 lakhs). But the extra cost is recovered in 4.5 years by the way of saving the electricity bill.
Read more about it here.
Wonderful to read such news! What a way to go green! Kudos!
Source: Down to Earth magazine, Jan 16-31, 2010 and Globalsolartechnology.com
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