Overview of Renewable Energy in India
India is a nation with a population of 1.3 billion people, making it the second most populous country in the world. In order to meet the needs of such a huge population, the country needs to produce enough energy. India has a total installed electricity capacity of 353 GW as of December 2019, of which only 16.2% came from renewable sources of energy. India is the fourth largest energy consumer in the world and the government is taking various measures to increase the share of renewable energy in the overall energy mix.
Types of Renewable Energy Sources in India
Renewable energy sources in India include solar, wind, hydropower, biomass and geothermal energy. Solar energy is the most popular form of renewable energy in India as it is abundant and has the greatest potential for growth. Wind energy also has a significant share in the total installed capacity in India. Hydropower, biomass and geothermal energy provide a smaller but still significant portion of renewable energy in India.
Benefits of Renewable Energy Sources
Renewable energy sources provide a number of benefits to India. These include reducing dependence on imported fossil fuels, providing clean energy and helping to reduce air pollution. Renewable energy sources also have the potential to provide energy to rural areas that are not connected to the electricity grid. Renewable energy sources also provide employment opportunities and help to reduce the costs of electricity.
Renewable Energy Targets in India
The Indian Government has set ambitious targets for renewable energy in India. The target is to achieve 175 GW of installed renewable energy capacity by 2022. The government has also set a target of 40% non-fossil fuel based electricity by 2030. These targets are to be achieved through various measures such as providing subsidies and tax incentives, setting up of solar parks and providing support to research and development of renewable energy.
Future of Renewable Energy in India
The future of renewable energy in India looks very promising. The government has taken various measures to encourage the growth of renewable energy in the country. This has resulted in the growth of renewable energy capacity in India over the last few years. It is expected that the share of renewable energy in the overall energy mix will increase further in the coming years due to the government’s efforts.
Conclusion
Renewable energy sources are an important part of India’s energy mix. The government has taken various measures to encourage the growth of renewable energy in the country. This has resulted in the growth of renewable energy capacity in India over the last few years. It is expected that the share of renewable energy in the overall energy mix will increase further in the coming years due to the government’s efforts.
