India is growing in its expanding its clean energy opportunities, specifically solar, wind and other renewable energy projects, throughout India. In the last month, the Indian government had announced a $7.9 billion investment is to double its transmission capacity, which was designed to increase access to power from wind and solar projects. For instance, India's installed solar energy capacity has jumped from a mere 17 megawatts in 2010, when India's National Solar Mission was announced, to over 1.7 megawatts. Not only do these renewable energy projects increase India's energy supply, but they also help create much needed jobs.
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Grid-connected concentrated solar power project under construction in India |
The Indian government and businesses around the country are making significant investments in renewable resources. The investment in transmission capacity and the next phase of the National Solar Mission are example policies to drive clean energy development. The motivations for these investments, in part, are to continue to power India's rapid economic growth and increase energy access by providing modern electricity to the nearly 400 million population in India without access to modern electricity.
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