India is world's 6th largest energy user, comprising about 3.3% of overall global energy expenditure per year. This energy consumption is bound to grow in the years to come.
Solar and Wind Energies have been remarkable sources of power generation. After my visit to one of the wind farms made me believe that the energy of - and for gen-next are SOLAR and WIND. It has given me a new perspective of energy generation in Indian climatic conditions.
The wind being one of the prominent renewables has been in India for quite some time and also has made its mark in the market. Everyone knows the big names into the sector.
Solar has seen drastic and a dramatic growth in last 2years after the JNNSM was launched and state policies introduced.
Power generation in India using renewable sources is surely going to be next big market. All the large power producing companies globally, foreign banks and venture capitalists are taking keen interest in these fields and specially in Indian and Asian market.
As proverb says "All that shines is not gold, but for us all that shines is SUN"
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