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Renewable Energy in India : Opportunities and Challenges

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Renewable Energy in India – An Overview

Total installed capacity in the country is 141,500 MW as on February 29, 2008
As of June 2007, in India, Generation capacities based on renewable resources are around 10.7 GW showing a y-o-y growth rate of 30%
This represents ~7% of the total installed capacity, below global average
Including large hydro capacity, renewable capacity is ~46 G
India consumes 3.7% of the world’s commercial energy - the 5th largest consumer of energy globally
India is facing large supply-demand mismatches, with some areas without any access to electricity altogether
Period from Apr-07 to Feb-08 witnessed a deficit of 16998 MW, or 15.8% of the demand Key drivers for renewable energy in India
Ample number of sites for Wind, Hydro and Solar Plants
Government incentives
Increasing sources of finance

India – An Attractive Renewable Energy Market

The Indian subcontinent has a large potential for power generation by the effective utilization of renewable energy
The Ministry of New and Renewable Energy (MNRE), Govt. of India has planned a target of 10,000 MW renewable energy during the 11th five year plan (i.e. 2007 to 2012).
India ranked among the most attractive countries worldwide based on regulatory environment, feasibility for renewable energy generation and other incentives for development
Overall score of 64/100 for all Renewables

Market Niches

Solar Energy

Waste to Energy

Geothermal Energy

Tidal Energy

Wind Energy

TIDAL Energy System

Energy Efficiency

Energy Policy

Related Work

Wind, Hydro, solar, renewable energy,

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