Renewable Energy in India

According to the experts of Borg Energy India Pvt Ltd, the demand for energy is similarly on an all-time high. Hence, the Indian government has taken initiatives and set objectives to meet the rising demand for renewable energies over the next few years.

Looking back, the country no doubt has made some remarkable progress. The pandemic and containment measures implemented to curb the coronavirus has got the economy crippling down. The business closed, people on lockdown, salary cut and job loss. Yet, it has been a year of clean energy.

India generation of power capacity from renewable, wind hydroelectric, and other solar sources have already reached 38 per cent in 2020. Giving India a massive renewable target, this progress is already putting the country on track to reach and exceed the goals without hassle. The landmark project for flexible renewable energy was also awarded as a way of addressing the challenges of irregularities of wind and solar

Hence, Borg Energy India Pvt Ltd, a company offering innovative, efficient, micro plant while harnessing the power of wind and solar explores India’s renewable energy goals. Plus, how India is set to achieving these goals.

Short term goals

India is on its journey of ambitious goals on renewable energy and its working towards making them happen, the experts of Borg Energy India Pvt Ltd says. The government has set a target of 175GW of renewable energy by the year 2022. This includes 100 GW from solar, 60 GW from wind, 10 GW from bio-power and 5 GW from small hydropower. Plus, a Rooftop Solar Projects of 40 GW by 2022.

When this plan was first announced by the Prime Minister Modi in 2015, it was met with skepticism. After all, this is a nation that is mostly dependent on coal and has only generated 34GW. As of September 2020, the renewable power capacity was already at approximately 90GW, 48GW are at various stages of installation and almost 26GW are at the planning stages.

At the World Solar Technology virtual Summit, PM Modi confidently states that India will reach the 175GW budget of its 2022 renewable energy target and even surpass it to reach 220GW by 2022.