India could save an estimated 11 million life years annually by replacing coal-fired powerplants with clean, renewable energy, according to a Harvard study. The 2.7 billion people who live in India and China
If India’s need for energy security (reduction in energy imports) seems at odds with its need for clean energy (reduction in energy related air pollution)
With financing continuing to be a serious impediment in achieving the country’s clean energy goals, the latest analysis reveals that ‘catalytic financing’ can give India’s clean energy sector, especially small-scale projects, a major boost.
Indian government’s commitment to invest in renewable energies is vital to the success of electric vehicles (EVs) in the country, Anil Kumar, managing director of automobile component maker, SEG Automotive India, said in an e-mail interview.
As evidenced by the fall of the rupee and the widening account deficit, India’s dependence on oil has left it bruised by global forces. In previous oil crises, India had no choice but to tighten budgets.
India’s clean energy sector is expected to attract additional investments worth USD 1 billion (Rs 6,987 crore) during the renewable energy expo in Greater Noida next month, an official said today.
Apropos “Clean energy can boost rural economy” (June 26), if India was to only utilise its natural resources such as methane found in coal seams, it could not only reduce dependence on coal but also let it be a clean fuel for electricity generation.
Keeping to its role of being a key participant in the global initiative on clean energy research, India has announced setting up the first international incubator to promote innovation in this field.
The country is engaged in a massive push to reduce dependency on fossil fuels and focus on renewable energy, Prime Minister Narendra Modi said on Tuesday, indicating that solar energy is India’s answer to the problem of climate change.
In its global initiative to generate clean energy, e-commerce major Amazon India today said it will install 8,000-kilowatt (kW) rooftop solar panels at its fulfilment centres and sortation sites in the country by year-end to make them self sustaining.