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Energy resources are an essential component of a
healthy economy. The ever-growing demand for energy
and the threat of depleting available fossil fuels
have compelled mankind to look at alternate energy
sources. In this context, renewable energy will have
a major role to play in complementing the conventional
energy sources available. This will contribute to
the extension of the life of fossil fuels, ultimately
leading to sustainable development.
The shift towards renewable energy will get a major
fillip in the coming years since only a fraction of
the available renewable energy potential has been
tapped.
| Source |
Units |
Installed |
| Windfarms |
MW
|
557 |
| Windpumps |
Nos |
3289 |
Small Hydro
(upto 3 MW) |
MW |
122 |
| Biomass Gasifiers
|
X
10 6 |
2.12 |
| Solar PV |
kW
|
825 |
| India has taken
a proactive role in adopting the various renewable
energy technologies.This will throw up mega business
opportunities |
 |
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for the manufacturers of renewable energy equipment
and financial institutions.
The major advantages of power generation through
renewable energy technologies are the following
- No atmospheric pollution - does not add
to the atmospheric carbon dioxide
- Land productivity remains intact.
- Ocean & fresh waters are not contaminated
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Vision
To achieve 10% power generation from renewable
energy sources by 2010. |
In view of these benefits, power generation through
renewable sources can aptly be called as " GREEN
POWER".
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