Present day civilization and industries are highly dependent on energy. The mainSector contributing this huge amount of energy generation is the fossil fuel with limited resources. Some of these resources are only available in few regions of the world; the scarcity also poses a risk to national and regional resource security and autonomy as well as to international security. The fossil fuel is costly for transmitting in remote areas. Therefore, renewable sources of energy need to be considered seriously for two main reasons: i) to meet the world-wide energy demand and ii) to protect the environment from the destructive burning of fossil and other fuels.