Renewable Energy - A Growing Necessity!
Picture Courtesy - U-Solar Clean Energy Solutions Pvt Ltd
Picture : Courtesy SUZLON
Back home, in a recent report by Ernst & Young, India has been placed on the fourth rank on its 'renewable attractiveness index' following China, US and Germany and has been ranked second and third on the solar and wind index respectively. India's renewable energy industry while adhering to an essential role in the environment sustainability also assures energy security. The sector saw efforts being initiated as early as in the 1970s and today while being considered as more than a mere climatic change obligation, the renewable energy industry is being seen as a necessity driven by globalisation and urbanisation. The energy needs are incessantly on the rise and cannot be adequately compensated by fossil fuels with their mounting costs and infrastructural constraints.
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