Learn about the energy sector and environmental services providing companies in India.
The Indian renewable energy sector is the second most attractive renewable energy market in the world. The country ranks fourth in the world in terms of total installed wind power capacity.
Total installed renewable energy capacity in India touched 57.5 GW in April 2017. This is about 17.5% of total energy capacity of the country (329.4 GW).
Total solar capacity is expected to touch 18.7 Gigawatt (GW) by the end of 2017, which is about 5% of global solar capacity, and further increase to 8 per cent by 2035.
Northern India is expected to become the hub for renewable energy in India.
According to data released by the Department of Industrial Policy and Promotion (DIPP), FDI inflows in non-conventional energy sector between April 2000 and March 2017 stood at US$ 5.2 billion.
The Ministry of New and Renewable Energy, Government of India, has formulated an action plan to achieve a total capacity of 60 GW from hydro power and 175 GW from other renewable energy sources.
The government is committed to increased use of clean energy sources and is undertaking various large-scale sustainable power projects and promoting green energy heavily. In addition, renewable energy has the potential to create many employment opportunities at all levels, especially in rural areas.
Kompass has been a B2B service provider for 70 years. Register yourself and get access to our online directory having information on energy sector and environmental services in India – Enviro Care India, Agni Solar, Om Energy Savers and thousands such companies.