$ 22bn Investment for the solar Industry by the Indian Government. First ever Summit cum expo focusing only on Solar and wind power, Worlds Largest solar power plant coming up in Gujarat, is this reason enough to come to India and tap the potential market?
The world today is faced with several challenges like global warming, depletion of natural resources and change in climatic conditions, coupled with high oil prices, making the utilization of renewable energy imperative and crucial. About 16% of global energy consumption comes from renewable or alternative energy, with 10% from traditional biomass and 3.4% from hydroelectricity. According to a recent study, one-third of the world's energy will need to come from solar, wind and other alternative resources.
Although India was the first country in the world to have set up a ministry for non-conventional energy resources to identify the use of new renewable energy resources like solar and wind power, its potential hasn't been completely utilised. The renewable energy sector attributes to only 10.63% of the overall energy sector and development in the area of solar and wind energy will determine the future of alternative energy in India.
India continues to be one of the leaders in the wind energy sector and ranks as the fifth largest producer of wind energy. With new policies and government support, India is set to be a global leader in this segment. Due its geographical location, India also enjoys high solar insolation making it an ideal place for the development and generation of solar energy with Gujarat and Rajasthan as the hubs.
In view of this unprecedented growth and potential in the renewable energy market in India, nispana brings to you Alternative Energy India Summit from 9th – 10th February 2012 in Gujarat. The event will bring together the Ministry of New & Renewable Energy (Government of India), leading energy and renewable energy companies in the world, other government bodies and consultants to discuss the latest trends, best practices and assess the current scenario for the future development of alternative energy in India at the two-day conference. The agenda of the conference also includes critical topics like Public-Private Partnership (PPP) in the energy sector, regulatory challenges and energy management with a clear focus on wind and solar energy. The summit would also feature an expo involving leading manufacturers of instruments, consultants and renewable energy developers.
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