Friday, March 1, 2013

India’s Power Dream: Bridging the Energy Deficit with Renewable Energy Sources

About 80,000 villages in India have no electricity. Kerosene and candles are what give the villagers a light of hope. Renewable energy, most of it from wind power, provides 10 percent. Solar energy use is negligible.

The figures paint a gloomy picture of the energy sector of India, however, the leaders of the industry have woken up to the challenge; both central as well as state governments are reforming the existing policies to encourage the production of clean and green energy so the energy deficit can be bridged; the positive environment has led to the setting-up of more and more solar power and wind power companies in the country.

Solar Power 

The country is densely populated and has high solar insolation; this is an ideal combination for using solar power.

Foreign players are also sensing opportunities, as the price of solar power technology falls and overseas governments look to support India as it tries to switch from a reliance on fossil fuels to "clean" energy sources.


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