Introduction To Renewable Energy in India
Explanation & Importance of renewable energy in the current scenario
Renewable energy is energy that is generated from natural resources that are replenished over time. Unlike fossil fuels, finite resources that are being depleted at an alarming rate, renewable energy sources such as solar, wind, hydro, biomass, and geothermal are infinite and sustainable. The importance of renewable energy is becoming increasingly apparent as the world faces the challenges of climate change and energy security. India is one of the fastest-growing economies in the world, and as such, the demand for energy is also increasing rapidly. The Indian government recognizes the need to transition to cleaner and more sustainable sources of energy and has set ambitious targets for the adoption of renewable energy.
Solar Energy Potential in India
India has immense potential for solar energy, with almost 300 sunny days in a year. The government has recognized this potential and has set ambitious targets for the adoption of solar energy, including the installation of 100 GW of solar power capacity by 2022. The government has also implemented various policies and initiatives to encourage the adoption of solar energy, such as the Jawaharlal Nehru National Solar Mission and the Solar Park Scheme. These efforts have resulted in significant growth in the solar industry, with solar installations accounting for over 4% of the total energy mix in 2020.
Conclusion
In India Solar energy is one of the trending topics which is beneficial. Large utility companies use solar power plants to maximize production. And Athena is one of the best investing platforms of Actis India which focus on the growth of sustainable and renewable energy in India. They strive to create a socio-economic impact and believe in making the impossible possible. Athena conducts business responsibly and focuses on enhancing solar assets and providing better results to the stockholders. They have successfully set up solar energy projects in India’s various locations like Jaipur, Bhiwadi, Karnal & Hisar with an installed capacity of more than 550MWp.
