The 'Bright' Future of Energy as We Know It
India's renewable energy sector is the 4th most attractive renew-able energy market in the world. India is currently at 136 GW of renewable energy generation capacity and is all set to achieve its 2022 target of 175 GW much ahead of time. It is expecting to be at RE generation capacity of 220 GW by 2022. Lower cost of generation due to deflating cost of solar modules and expected R&D in the sector will further reduce the cost of generation and storage making it more lucrative of investments. Megalodons like RIL today revealed its 60 Cr Green Energy plan for India to build 4 Giga Factories. BrightNight announced its entry into India's energy market and is excited to bring its advanced solutions to India's renewable energy market, which is projected to grow from 100GW to 450GW by 2030.
Looking at the incessant growth of solar generation scenario in India, the solar energy is the next big thing in the distant future. In addition to that, currently India is at the 6th rank in the solar energy producing country list. MNRE is primarily responsible for R&D, intellectual property protection and international cooperation, promotion and coordination of renewable energy sources such as wind, small hydro, biogas and solar.
Besides, the increasing number of favourable regulatory reforms and the rise in support by various governments in terms of funding and support has put the solar EPC market on full gear globally. On the other hand, the low investments required, reasonable profit margins and easy availability of skilled solar professionals make the industry in India more flourishing. Given such a lucrative market opportunity that the industry holds, the solar EPC industry in India is experiencing the heat of the competition. This edition brings forth the Indian players of the solar EPC market that have most certainly burnt in the heat to become the diamond for the Indian Solar scenario. The companies featured here can bring you face to face with the practical nature of this very promising energy tech.
So let us know what you think.
Looking at the incessant growth of solar generation scenario in India, the solar energy is the next big thing in the distant future. In addition to that, currently India is at the 6th rank in the solar energy producing country list. MNRE is primarily responsible for R&D, intellectual property protection and international cooperation, promotion and coordination of renewable energy sources such as wind, small hydro, biogas and solar.
Besides, the increasing number of favourable regulatory reforms and the rise in support by various governments in terms of funding and support has put the solar EPC market on full gear globally. On the other hand, the low investments required, reasonable profit margins and easy availability of skilled solar professionals make the industry in India more flourishing. Given such a lucrative market opportunity that the industry holds, the solar EPC industry in India is experiencing the heat of the competition. This edition brings forth the Indian players of the solar EPC market that have most certainly burnt in the heat to become the diamond for the Indian Solar scenario. The companies featured here can bring you face to face with the practical nature of this very promising energy tech.
So let us know what you think.
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